Microsoft Dominates AI Adoption and Stock Performance

Macquarie's Head of AI & Software Research, Fred Havemeyer, believes that Microsoft shares are undervalued due to the company's potential in generative AI. Havemeyer forecasts potential EPS reaching as high as $2.17 by fiscal 2026, driven by Microsoft's AI portfolio, including the Copilot product. He argues that Microsoft is well-positioned to drive widespread adoption of AI in the market, given its enterprise-ready approach and distribution channels.