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MarketBeat
MarketBeat
Business
Sam Quirke

Microsoft Stock Gets a $550 Price Target: Time to Get Excited

Shares of Microsoft Corp (NASDAQ: MSFT) have been a cornerstone of tech portfolios for many years now, and 2024 has done little to tarnish that reputation. The stock is up a solid 15% year-to-date, and while it's struggled to push past July's all-time high, there are several reasons for investors to be excited. 

Chief among these is the fact that analysts are exceedingly bullish on the tech titan's prospects heading into 2025. With the stock trading in a narrowing range, we could soon be looking at a breakout. Its shares are currently less than a 10% move away from July's high, so let's jump in and see what could send them soaring past it in the coming weeks. 

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