JPMorgan keeps USD 625 target for Microsoft stock

Published on 10/26/2026 at 12:26 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

JPMorgan kept its Overweight rating and USD 625.00 target on October 26, 2026. Microsoft stock costs EUR 470.88 on October 26, 2026 at USD 3.9 trillion market value.

Analyst target and earnings date

JPMorgan maintained an Overweight rating and a USD 625.00 target on October 26, 2026.
Microsoft reported USD 90.0 billion in fiscal fourth-quarter revenue on July 29, 2026.
Microsoft stock trades at EUR 470.88 at 12:19 p.m. CET at Lang & Schwarz on October 26, 2026.
Microsoft will publish fiscal first-quarter results on October 28, 2026.

Soft watercolor painting of a Pacific Northwest lake landscape near Redmond Washington with evergreen fir forests, morning mist over calm water, wildflowers in foreground, pastel sky in lilac and peach tones — Microsoft Corporation (US5949181045) Aquarell: Redmond Washington mit Wäldern und See in sanften Pastelltönen, Illustration mit AI erstellt.

Microsoft Corporation (ISIN US5949181045) was trading at EUR 470.88 at Lang & Schwarz on October 26, 2026, at 12:19 p.m. CET. TokenPost reported on October 26, 2026, that JPMorgan maintained its Overweight rating and USD 625.00 price target ahead of Microsoft's quarterly results.

Three dated signals shape the setup

The recent sequence began on July 29, 2026, when Microsoft reported fiscal fourth-quarter revenue of USD 90.0 billion, up 18.00 percent year over year, according to Yahoo Finance. Microsoft then announced a quarterly dividend on September 15, 2026, before confirming its next earnings date on October 7, 2026.

Microsoft's fiscal 2026 results also showed USD 59.3 billion in fourth-quarter Microsoft Cloud revenue, a 27.00 percent increase, while Azure and other cloud services revenue grew 43.00 percent. Commercial remaining performance obligations rose 84.00 percent to USD 678.0 billion, making cloud demand and infrastructure spending central questions for the next report.

What does the target mean for earnings?

JPMorgan's USD 625.00 target places the emphasis on Azure, Microsoft 365 Commercial Cloud and Copilot growth, the areas identified by analyst Samik Chatterjee in the October 26, 2026 report. The counterweight is spending: Microsoft's fiscal 2026 capital expenditures reached USD 115.95 billion, while the company plans continued investment in artificial intelligence infrastructure.

Two dates matter next

Microsoft will publish fiscal first-quarter 2027 results after the market close on October 28, 2026, according to Microsoft. The company scheduled the earnings webcast for 2:30 p.m. Pacific Time on that date. Microsoft also announced its quarterly dividend on September 15, 2026, giving income-focused investors a second dated corporate event.

Price stays tied to the earnings test

Microsoft's market capitalization was USD 3.9 trillion as of October 23, 2026, while its primary Nasdaq listing showed a 52-week range of USD 349.20 to USD 553.72. The upcoming report must show whether Azure expansion and Copilot adoption can support the valuation while artificial intelligence investment remains high.

Microsoft was trading at EUR 470.88 at Lang & Schwarz on October 26, 2026, at 12:19 p.m. CET.

The further course of trading is shown by the continuously updated real-time quote of Microsoft stock.