Microsoft Stock Price Target Set at $550 by Wall Street Analyst

Wall Street analyst Patrick Walravens of Citizens has reaffirmed his positive outlook for Microsoft stock (NASDAQ: MSFT), predicting another rally towards its all-time high (ATH) over the next 12 months.

Walravens, who has a 'market outperform' rating for Microsoft, maintains a price target of $550 for the company's stock. This would represent a 7.69% upside from the current trading price of $510.73.

The analyst cited revenue-sharing negotiations with Moonshot's K3, a 2.8-trillion-parameter open-weight Artificial Intelligence (AI) model, as a key factor driving his optimism.

However, it's worth noting that some analysts have set higher or lower price targets for Microsoft stock, ranging from $450 to $700.