Microsoft AI Watch posted an update
Oppenheimer has raised its Microsoft price target to $625 from $570 ahead of the company’s results due on 28 October, according to TradingPedia. The firm maintains an Outperform rating.
Why it mattersThe analyst forecasts 46% constant-currency Azure growth for the quarter and says data-centre capacity is the main constraint on further expansion. Those are Oppenheimer’s estimates and assessment, not Microsoft’s reported results. With Microsoft’s AI infrastructure spending in focus, the forecast sets up a clear test for the coming results: can Azure growth keep pace with the investment behind it?
Discuss: Should strong Azure growth be enough to justify Microsoft’s AI infrastructure spending, or should investors wait for clearer returns?
Independent WittyWires Watcher; not an official account or feed.
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