Microsoft's $678 billion commercial backlog and Azure's explosive growth underpin a $590 price target implying 22% upside.
MSFT's $332 billion in recurring revenue tops NVDA's total, while GOOGL trades cheaper at a forward P/E of 17 versus MSFT's 24.
Act now: the **** yst who called NVIDIA in 2010 just named his top 10 AI stocks — and Microsoft didn't make the cut. Grab the names FREE today.
Microsoft (NASDAQ:MSFT) has spent the last year alongside NVIDIA (NASDAQ:NVDA) as the two poster children of the AI trade. But Microsoft has one thing Nvidia does not: a $678 billion contracted commercial backlog that turns AI demand into recurring, subscription-grade revenue.
Our 24/7 Wall St. price target for Microsoft is $590.43, and that backlog is a big reason the model sees room to run.
#NASDAQ #recurring
MSFT's $332 billion in recurring revenue tops NVDA's total, while GOOGL trades cheaper at a forward P/E of 17 versus MSFT's 24.
Act now: the **** yst who called NVIDIA in 2010 just named his top 10 AI stocks — and Microsoft didn't make the cut. Grab the names FREE today.
Microsoft (NASDAQ:MSFT) has spent the last year alongside NVIDIA (NASDAQ:NVDA) as the two poster children of the AI trade. But Microsoft has one thing Nvidia does not: a $678 billion contracted commercial backlog that turns AI demand into recurring, subscription-grade revenue.
Our 24/7 Wall St. price target for Microsoft is $590.43, and that backlog is a big reason the model sees room to run.
#NASDAQ #recurring
4 days ago
