Stifel Raises Microsoft Price Target to $530 Amid M365 Copilot Momentum

Stifel has raised its price target for Microsoft Corp. to $530 from $450 while maintaining a Hold rating on the shares, citing accelerating momentum for Microsoft's M365 Copilot product.

The software giant currently trades at $510, with a market capitalization of $3.79 trillion.

Wall Street analysts maintain a consensus 'Buy' rating with price targets ranging from $400 to $870, and Stifel's analyst Brad Reback notes the strong fundamentals behind Microsoft's growth, including 17.79% revenue growth over the last twelve months.

The company is implementing a seat-plus-consumption monetization model, and management emphasized its focus on protecting customer business intellectual property during investor meetings earlier this week.