Overview
- Both firms kept Buy ratings in recent days, with Goldman setting a $600 target and the average Wall Street target near $595.60.
- Microsoft’s Q2 delivered $81.3 billion in revenue, up 17% year over year, with net income rising 60% to $38.5 billion.
- Cloud revenue topped $50 billion for the quarter and Azure grew 39% year over year as demand currently outpaces available capacity.
- Microsoft 365 Copilot reached 15 million paid seats, up more than 160% year over year, while GitHub Copilot rose to 4.7 million subscribers and over 80% of Fortune 500 use Microsoft’s AI tools.
- Maia 200 shows over 30% cost-efficiency gains versus prior hardware and Goldman says raw compute performance now looks comparable to Amazon Trainium and Google TPUs, though full production data and a mature software stack are still pending.