• Microsoft Stock Analysis: Bearish Signals, but Positive Analyst Updates Offer Optimism

  • Nov 8 2024
  • Length: 2 mins
  • Podcast

Microsoft Stock Analysis: Bearish Signals, but Positive Analyst Updates Offer Optimism

  • Summary

  • **Microsoft (MSFT) Analysis**

    1. **Current Price and Intraday Trading Range**: The current price of MSFT is $425.77, with a day's range of $422.14 to $426.50.

    2. **Pre-market and After-hours Movement**: Not specified in the provided sources.

    3. **Trading Volume vs Average**: Today's volume is 376,873, higher than the 30-day average volume of 311,969.

    4. **Recent News or Announcements**: There are no recent news or announcements in the last 24 hours mentioned in the provided sources.

    5. **Major Analyst Updates or Price Target Changes**: Morgan Stanley reiterated an Overweight rating with a price target increase from $465 to $520 on April 11, 2024. KeyBanc Capital Markets initiated an Overweight rating with a $490 price target on March 21, 2024.

    6. **Options Flow Activity**: The put/call open interest ratio is 0.80, indicating slightly more call options than put options.

    7. **Related Semiconductor/AI Sector News**: Not specified in the provided sources.

    8. **Key Technical Indicators for Day Trading**:
    - **Moving Averages**: Bearish.
    - **Technical Indicators**: Bearish.
    - **Beta**: 0.91 (60-month).
    - **TTM PE**: 34.16.
    - **TTM EPS**: $12.12, up 15.98% YoY.

    **Market Sentiment**: The overall market sentiment for MSFT is bearish, with recent price movements and technical indicators suggesting a downward trend. However, strong earnings and positive analyst updates could potentially reverse this trend. The stock's performance in the broader technology sector and its resilience in the face of market volatility are key factors to watch.
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