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<Research> BofAS Reiterates Buy on Microsoft Corporation (MSFT.US) as Azure Revenue Growth Beats Expectations
Recommend 6 Positive 3 Negative 2 |
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BofAS issued a report stating that AI momentum drove a solid quarterly performance for Microsoft Corporation (MSFT.US). Key highlights for the quarter included Azure revenue growth of 39% at constant currency, exceeding the market expectation of 38.2%; Copilot seat adoption rose 33% QoQ; resilience in non-AI core businesses; and a significant upward revision to capital expenditure guidance, indicating that AI investment is expected to remain at elevated levels for the foreseeable future. Overall revenue increased 15% YoY, while EPS reached USD4.27, surpassing market expectations of 13.3% growth and USD4.04, respectively. In addition, the company disclosed that AI annualized recurring revenue reached USD37 billion, up 123% YoY. The broker reiterated its Buy rating with TP maintained at USD500. (ha/u) This article was automatically translated by AI, the Chinese version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation. Auto-translated by AI AASTOCKS Financial News |
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