
MSFT Target Cuts After Q2 Print, Bulls Remain on AI-Driven Outlook
Microsoft's Q2 FY26 results sparked target cuts (roughly to $600–$605) as higher capital spending and Azure’s slower growth raised near-term concerns, sending MSFT about 10% lower. Analysts, while trimming near-term targets, remain bullish on the long-term AI and platform story, noting Copilot and OpenAI-related momentum and a Strong Buy consensus with an average target around $604 implying meaningful upside.