These Analysts Slash Their Forecasts On Microsoft Following Q2 Results

by | Jan 29, 2026 | General

Microsoft Corp. (NASDAQ:MSFT) reported better-than-expected second-quarter financial results after market close on Wednesday.

Microsoft reported second-quarter revenue of $81.3 billion, up 21% year-over-year. The total beat a Street consensus estimate of $80.25 billion, according to data from Benzinga Pro. The company reported non-GAAP earnings per share of $4.14, beating a Street consensus estimate of $3.86.

“Microsoft Cloud revenue crossed $50 billion this quarter, reflecting the strong demand for our portfolio of services,” Microsoft Chief Financial Officer Amy Hood said. “We exceeded expectations across revenue, operating income, and earnings per share.

Microsoft shares fell 6.8% to $448.82 in pre-market trading.

These analysts made changes to their price targets on Microsoft following earnings announcement.

  • Piper Sandler analyst Hannah Rudoff reiterated Microsoft with an Overweight rating and lowered the price target from $650 to $600.
  • Keybanc analyst Jackson Ader maintained the stock with an Overweight rating and cut the price target from $630 to $600.

Considering buying MSFT stock? Here’s what analysts think:

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