Microsoft stock gets a USD 610 target as AI sales expand

Published on 10/03/2026 at 23:02 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Piper Sandler lifted Microsoft's target from USD 550 on September 30, 2026, while fiscal Q4 revenue reached USD 90.01 billion. Azure growth hit 43 percent.

Black and white documentary photo of a software developer pointing at detailed system architecture diagrams on a whiteboard, teammates in soft focus background, high contrast reportage lighting with film grain — Microsoft Corporation (US5949181045) präsentiert Entwickler vor Whiteboard mit Architektur-Diagrammen im dokumentarischen Schwarz-Weiß, Illustration mit AI erstellt.

Microsoft stock (ISIN US5949181045) was last at USD 517.53 on Nasdaq on October 2, 2026, at 4:00 p.m. ET, up 0.92 percent on the session. The immediate catalyst is Piper Sandler's target increase to USD 610 from USD 550, which puts enterprise AI monetization at the center of the investment debate.

Piper raises target to USD 610

According to Yahoo Finance on September 30, 2026, Piper Sandler analyst Billy Fitzsimmons raised the Microsoft target from USD 550 to USD 610 while keeping an Overweight rating. The firm linked its view to the E7 enterprise licensing plan, Copilot consumption pricing and Microsoft's broader AI product expansion.

The target change is tied to a quantified sales lever: Piper Sandler estimates that a 10 percent shift of Microsoft 365 seats from E5 to E7 could generate USD 2 billion in annualized revenue. That comparison gives the rating change a specific operating assumption rather than a purely valuation-based argument.

Q4 revenue reaches USD 90.01 billion

Microsoft's fiscal Q4 2026 revenue reached USD 90.01 billion, up 17.75 percent year over year and ahead of the USD 87.63 billion consensus estimate, according to Yahoo Finance. Azure and other cloud services revenue grew 43 percent, while Microsoft 365 Copilot surpassed 30 million paid seats during the quarter.

The same report put fiscal 2026 capital spending at USD 115.95 billion and cited management guidance for USD 175 billion in fiscal 2027. That spending figure is the counterweight to the AI growth case because future returns depend on converting new data-center capacity into recurring cloud and software revenue.

Microsoft stock stays below yearly high

Microsoft stock was last at USD 517.53 on Nasdaq on October 2, 2026, with a 52-week range of USD 349.20 to USD 553.72. The share price therefore stood USD 36.19 below the yearly high, while the market capitalization reached USD 3.8 trillion and trading volume totaled 17,179,496 shares.

For investors, the next measurable test is whether Azure growth and Copilot adoption can support the spending cycle. Piper Sandler's USD 610 target, the USD 90.01 billion quarterly revenue base and the USD 175 billion fiscal 2027 capital-spending outlook define the competing signals.