15 October 2026 | 5:07PM EDT Equity Research Microsoft Corp. (MSFT) 1QFY Preview & Maia 300 updates MSFT 12m Price Target: $640.00 Price: $539.44 Upside: 18.6% Microsoft will report 1QFY (September) results on 10/28. Since 4Q EPS on 7/29, the stock is up 38% (vs. the Nasdaq up 10%) as visibility into Azure and M365 growth has improved. We believe discovery value now shifts to the breadth and depth of Microsoft's AI platform; and unit economics and ROIC in Azure. Our two biggest takeaways from our fireside c ...