Microsoft Printed Profits in Q3. Wall Street Still Forecasts 38% Upside for MSFT Stock.

Microsoft (MSFT) delivered a record-breaking quarter, with cloud and artificial intelligence (AI) momentum pushing the tech giant’s growth to new heights. The fiscal third quarter showcased double-digit growth across revenue and earnings, with strong performance in cloud computing, commercial services, and gaming. Both revenue and earnings exceeded Wall Street expectations, demonstrating Microsoft’s ability to deliver consistent top- and bottom-line growth.

Valued at $3.2 trillion, MSFT stock is up 3.3% year-to-date, outpacing the tech-heavy Nasdaq Composite Index’s ($NASX) dip of 8.2%. Wall Street expects Microsoft’s legacy to be sustained by its strong foundation in cloud computing and AI. With the stock down 7% from its 52-week high, long-term investors may be able to profit from buying the dip.