Microsoft (MSFT.US) Earnings Preview: Morgan Stanley Expects Azure Growth to Accelerate to 47%, Maintains $600 Price Target

Zhitong Finance APP has learned that on Monday, Morgan Stanley pointed out in its latest research report that with cloud computing demand remaining strong, data center capacity continuing to expand, and the commercialization of Microsoft 365 and Copilot accelerating, Microsoft (MSFT.US) is expected to sustain its growth momentum in the first quarter of fiscal year 2027. The bank expects Azure cloud revenue growth at constant currency to reach around 47% year over year, above the upper end of the company's previous guidance range, and maintains its "Overweight" rating and $600 price target on Microsoft.