Microsoft Stock Price Near Record High, But 10th Share Split Unlikely

Microsoft's stock price has been trading near $518, which is less than 5% below its record closing price of $542 reached in October last year. The company's investors are watching for a possible 10th share split, but it may not happen anytime soon.

Microsoft has split its stock nine times in the past, with its first eight splits occurring between 1987 and 1999. Before each of these splits took effect, the stock's closing price was between approximately $98 and $178. The company's last stock split happened in February 2003, which was a 2-for-1 split.

Since then, Microsoft's share price has increased sharply, reaching above $500. However, the company has not announced any plan for a 10th stock split, and the decision rests with its board. The Motley Fool argues that a split is unlikely to be announced soon because Microsoft has traded above its previous split price levels for years.

The company's growing business has supported its share price, with revenue increasing 18% to $331.8 billion in fiscal 2026. Other major technology companies have split their shares recently, including Nvidia, Broadcom, and Netflix. These companies had much higher share prices when they announced their splits.