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Analysts Reaffirm Microsoft as an AI Front-Runner on Broad Monetization and FY25 Strength

Fresh price targets signal conviction in Microsoft's ability to monetize AI across its stack.

Overview

  • RBC on Oct. 3 reiterated Microsoft as Outperform, citing monetization across infrastructure and applications, while BMO’s Keith Bachman maintained a Buy with a $650 target.
  • Microsoft posted fiscal 2025 revenue of $281.7 billion and earnings of $101.8 billion, with both rising 15% year over year.
  • In the latest quarter, Intelligent Cloud revenue, including Azure, grew 26% year over year, highlighting sustained AI-driven demand.
  • The company has integrated OpenAI’s GPT-5 throughout its product lineup, a move reported to be boosting usage and cloud consumption.
  • Shares are up over 20% in 2025 and more than doubled over three years, with consensus targets implying roughly 19% upside, though a potential slowdown in AI infrastructure spending remains a risk.