Microsoft's Q3 Earnings Beat Expectations, A.I. to Drive Revenue Growth.
TL;DR Summary
Microsoft reported solid Q3 earnings, beating revenue and EPS estimates, with its Azure cloud business growing by 27% YoY. However, the stock's valuation is becoming untenable, with a P/E ratio of over 32x and a negative equity risk premium. The author maintains a "Sell" rating for Microsoft, with a fair value of $163.71 per share, and sees a downside risk of 40-50%+ in MSFT.
- Microsoft Q3 Earnings Solid, Valuation Unjustified - Sell (MSFT) Seeking Alpha
- Microsoft reports earnings beat, says A.I. will drive revenue growth CNBC
- Microsoft beats on top and bottom lines CNBC Television
- Surface sales plunge, and you should be celebrating PCWorld
- Microsoft Beats on Profit and Sales in 3Q Bloomberg Television
Reading Insights
Total Reads
0
Unique Readers
0
Time Saved
6 min
vs 7 min read
Condensed
95%
1,298 → 64 words
Want the full story? Read the original article
Read on Seeking Alpha