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MSFT

Microsoft Corporation

NASDAQ: MSFT · TECHNOLOGY · SOFTWARE - INFRASTRUCTURE

$407.78
-3.93% today

Updated 2026-04-29

Market cap
$3.16T
P/E ratio
26.59
P/S ratio
10.33x
EPS (TTM)
$15.97
Dividend yield
0.84%
52W range
$356 – $552
Volume
33.7M
OverviewPrice TargetsFinancialsValuationInsidersEarnings

Microsoft Corporation (MSFT) Financial Forecast & Price Target 2030

Research-backed projections from analyst consensus, management guidance, and sector analysis.

Price target summary

Current
$407.78
Consensus
$571.97
+40.26%
2030 Target
$858.50
+110.53%
DCF
$229.04
-85.32% MoS
36 analysts:
20 Buy3 Hold0 Sell

Management guidance

No specific CEO revenue targets for 2026-2030 disclosed in available data. Management focus remains on Azure growth acceleration and AI monetization, with recent OpenAI partnership revision potentially impacting cloud services strategy. Historical guidance emphasizes consistent double-digit growth driven by cloud infrastructure and enterprise AI adoption.

Sources: Management guidance, analyst consensus, sector analysishigh confidence

Revenue & price projection

Actual revenue Projected revenue Base case Bull to bear range
Bull case (2030)
$1,373.60
$639.0B Rev × 16x P/S
Base case (2030)
$858.50
$639.0B Rev × 10x P/S
Bear case (2030)
$515.10
$639.0B Rev × 6x P/S

Financial forecast — research-backed

Metric2023202420252026 (E)2027 (E)2028 (E)2029 (E)2030 (E)
Revenue$211.9B$245.1B$281.7B$334.6B$387.2B$455.9B$540.8B$639.0B
Revenue growth—15.7%14.9%9.5%15.7%17.8%18.6%18.1%
EPS—$11.81$7.86$16.92$19.38$23.15$27.92$33.58
P/S ratio———10.0x10.0x10.0x10.0x10.0x
Implied price———$472.18$515.10$600.95$729.73$858.50

Catalysts & risks

Growth catalysts
+ Azure cloud services acceleration and AI workload monetization through Copilot/enterprise AI offerings
+ Expansion of OpenAI partnership across multiple cloud platforms (now available on AWS) driving broader ecosystem reach
+ Enterprise digital transformation spending with focus on AI agents and automation reducing operational costs
+ Gaming division recovery and expansion of Xbox Game Pass subscription revenue
+ Continued AI infrastructure capex investment supporting customer AI model deployment
Key risks
- OpenAI exclusivity ended - competitive pressure from AWS/Google Cloud access to OpenAI models reduces differentiation
- Regulatory headwinds including EU Digital Markets Act scrutiny of cloud services and Microsoft's market position
- AI monetization slower than expected - customers deploying models across multiple clouds reducing Azure lock-in
- Macro slowdown impacting enterprise IT spending and AI project implementation timelines
- Valuation multiples compression if growth deceleration to 12-15% range triggers multiple re-rating

Methodology

Microsoft Corporation's forward estimates are derived from AI-powered research synthesis combining analyst consensus from 36 Wall Street analysts, management guidance from the latest earnings call, and sector growth forecasts from industry research. Revenue and EPS projections use analyst consensus where available and conservative extrapolation with growth deceleration for outer years. Price targets are calculated using a tiered Price-to-Sales (P/S) methodology, where the P/S multiple is determined by the projected revenue growth rate.

WallStSmart proprietary research model · Not financial advice · Past performance is not indicative of future results · Last researched: April 29, 2026.