Trending tickers: Apple, Nvidia, Spotify and Ashtead
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jun 10 2024
0mins
Should l Buy MSFT?
Source: Yahoo Finance
- Apple's AI Plans: Apple aims to catch up on artificial intelligence (AI) at WWDC '24 by introducing new generative AI tools to compete with Google and Microsoft.
- Nvidia Stock Split: Nvidia will undergo a 10-for-1 stock split, making its shares more accessible to investors and paying out a dividend based on post-split holdings.
- Spotify Price Hike: Spotify is increasing prices for its premium plans in the US, with the ad-free plan seeing a $1 monthly increase starting in July.
- Ashtead's Potential Listing Switch: Ashtead, a UK equipment hire company, is considering moving its listing from London to Wall Street due to concerns about valuation gaps compared to US rivals.
- Market Trends: Apple's stock was flat pre-market, Nvidia was trending due to the stock split, Spotify faced lower shares ahead of price hikes, and Ashtead explores a potential listing switch.
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Analyst Views on MSFT
Wall Street analysts forecast MSFT stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for MSFT is 631.36 USD with a low forecast of 500.00 USD and a high forecast of 678.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
34 Analyst Rating
32 Buy
2 Hold
0 Sell
Strong Buy
Current: 401.140
Low
500.00
Averages
631.36
High
678.00
Current: 401.140
Low
500.00
Averages
631.36
High
678.00
About MSFT
Microsoft Corporation is a technology company that develops and supports software, services, devices, and solutions. Its Productivity and Business Processes segment consists of products and services in its portfolio of productivity, communication, and information services, spanning a variety of devices and platforms. It comprises Microsoft 365 Commercial products and cloud services; Microsoft 365 Consumer products and cloud services; LinkedIn, and Dynamics products and cloud services. The Intelligent Cloud segment consists of its public, private, and hybrid server products and cloud services. It comprises server products and cloud services, including Azure, and enterprise and partner services, including Enterprise Support Services. Its More Personal Computing segment primarily comprises Windows and Devices, including Windows OEM licensing; Gaming, including Xbox hardware and Xbox content; Search and news advertising, comprising Bing and Copilot, Microsoft News, and Microsoft Edge.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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- Meta's Cash Flow Crisis: Meta anticipates operating cash flow of approximately $130 billion, while its capital spending guidance peaks at $135 billion, indicating significant financial pressure in building AI systems that may lead to depletion of cash reserves.
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