StoneX Raises Microsoft (MSFT) Price Target to $600

StoneX has reaffirmed its Buy rating on Microsoft Corporation (MSFT) and raised its price target to $600 on October 16, 2026. Previously, the target was $525. The recent share price is $526.53, which is below the new target by about 12.2%.

Other Institutional Activity in Microsoft

Blackrock Inc. holds 607,367,113 shares of Microsoft, worth approximately $321.3 billion after increasing its stake by 14,061,346 shares, a 2.4% rise. Vanguard Capital Management LLC owns 485,192,007 shares valued at around $256.7 billion, adding 2,653,959 shares, a 0.5% increase. State Street Corporation has 315,653,206 shares worth about $167.0 billion, growing its position by 8,955,571 shares, a 2.9% increase. Geode Capital Management, LLC holds 189,632,090 shares, valued at $100.3 billion, after adding 1,131,007 shares, a 0.6% increase. FMR, LLC reduced its holdings by 4,260,951 shares, ending with 185,960,066 shares worth about $98.4 billion, a decrease of 2.2%.

Microsoft Corporation Stock Down 0.9%

Microsoft shares are currently trading above their 50-day moving average by 4.3% and above the 200-day moving average by 21.0%. However, the stock is approximately 4.9% below its 52-week high of $553.72 and about 11.7% below the average analyst price target of $596.22.

Recent Earnings

For the trailing twelve months, Microsoft reported revenue of $331.8 billion and an earnings per share (EPS) of $17.95. The company has a net margin of 40.3% and a return on equity (ROE) of 34.0%. The next earnings report is scheduled for October 28, 2026.

Dividend

Microsoft pays an annual dividend with a yield of 0.73% and a payout ratio of 19.8%.

Insider Buying and Selling at Microsoft Corporation

Recently, several insiders sold shares. Chief Executive Officer Satya Nadella sold 86,525 shares on September 1, 2026, valued at about $43.4 million. Chief Financial Officer Amy E. Hood sold 41,674 shares on September 14, 2026, worth approximately $20.8 million. Additionally, Hood sold 7,305 shares on October 13, 2026, at an average price of $545.42, totaling about $3.98 million.

Analysts Set New Price Targets

On October 15, 2026, UBS maintained a Buy rating with a target of $675, while Citigroup also maintained a Buy rating, raising its target to $636 from $600. Mizuho maintained an Outperform rating with a target of $600, and Jefferies kept a Buy rating with a target of $650. StoneX, on the same day, maintained its Buy rating with a target of $600. The consensus from 53 analysts suggests a strong Buy recommendation with a mean price target of $596.22.

About Microsoft Corporation

Microsoft Corporation, based in Redmond, WA, is a leading technology company that develops software solutions for individuals and businesses. Its products range from operating systems to video games and various devices, making it a key player in the tech industry.

Bottom Line

Investors should keep an eye on Microsoft's upcoming earnings report on October 28, 2026, and watch for any further updates from analysts and institutional investors.