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Microsoft (MSFT) Eyes Massive Upside as $678B Backlog Offsets Capex Fatigue

24/7 Wall St. Read original source (opens in a new tab)
The Story

News Summary

  • Microsoft trades flat near $480 despite Azure reaching $100B in annual revenue and RPO backlog surging 84% to $678B.
  • While heavy AI capex temporarily pressures free cash flow, robust fundamentals and 95% bullish Wall Street sentiment support significant upside potential toward $596–$620.
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MSFT price history

497.12 +3.04% over the displayed period

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