Microsoft AI Revenue 'Could Eclipse' $10B In 2025, Piper Sandler Says

Piper Sandler analysts shared expectations for when Microsoft Corporation (NASDAQ:MSFT) announces first-quarter results at the end of October.

Price Target: Piper Sandler analyst Brent Bracelin maintained an Overweight rating on Microsoft shares. He also lowered the price target from $485 to $470. Bracelin pointed to the company's first-quarter guidance and results as possibly being "sloppier than normal" due to KPI model changes. 

New KPIs: Bracelin said the biggest change resulting from the new KPI metrics were seen ...