Microsoft Price Target Cut to $37.00 (MSFT)

The stock price of Microsoft went up 4.71% over the last 200 days, and is in very unstanble up trend. The stock showed a positive performance of 0.11% in the recent trading session.


Similarly to other companies with ties to Personal Computers (PCs), Microsoft has also felt greater pressures brought about by a PC market that has seen a weakening in demand.

In looking at the long term growth prospects of the company, sell-side analysts have a consensus mean earnings per share estimate for the current year of $2.53. The average estimate of 15 analysts surveyed by Zacks Investment Research was for earnings of 31 cents per share. Around 1% of the company’s shares, which are float, are short sold.

[USA Today] Microsoft Corp (NASDAQ:MSFT)(TREND ANALYSIS) ended its fiscal year Tuesday with results that reflected its focus on cloud and enterprise growth, alongside the painful unwinding of its Nokia deal. Revenues fell 5% to $22.18 billion from $23.38 billion a year ago. The stock was sold at an average price of $47.68, for a total transaction of $190,720,000.00.

Wall Street analysts have placed a target price of $51 for Microsoft Corporation (NASDAQ:MSFT).

Piper Jaffray has also taken action a number of other information technology stocks recently. Analysts at FBR & Co. reiterated an outperform rating and set a $53.00 price target on shares of Microsoft in a research note on Friday. They now have a $20 price target on the company. Finally, analysts at Nomura reiterated a “buy” rating and set a $55.00 price target on shares of Microsoft in a research note on Wednesday, July 15th.

Bloomberg reported that out of the 43 analysts covering the stock, 22 have given a Buy rating, while 14 have recommended Hold and seven have tagged it as Sell. The heightened volatility saw the trading volume jump to 42,781,899 shares. The company has a market cap of $378,228 million and the number of outstanding shares have been calculated to be 8,113,000,000 shares. The transaction was disclosed in a filing with the SEC, which is available at this link. MSFT stock price has underperformed the Nasdaq by 7.5%. The 52-week low of the share price is at $40.12. The disclosure for this sale can be found here.


Based in Redmond, Washington, Microsoft (MSFT) develops, manufactures, licenses, sells and supports software products. The Company also designs and sells hardware, and delivers online advertising to the customers. The Company operates in five segments: Devices and Consumer (NASDAQ:MSFT) Licensing, D&C Hardware, D&C Other, Commercial Licensing and Commercial Other. The company is made up of 5 divisions: Windows & Windows Live, Server and Tools, Online Services, Microsoft Business, and Entertainment & Devices. It also offers HockeyApp, a service for mobile crash analytics and application distribution for developers building application on iOS, Android and Windows Phone.

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