Scotiabank Raises Microsoft (MSFT) Price Target to $625

On October 26, 2026, Scotiabank raised its price target for Microsoft Corporation (MSFT) to $625 from $615. The firm maintained a Sector Outperform rating in its latest research note, reflecting its positive outlook on the company's performance. The stock closed at $528.78 on the same day.

Scotiabank's new target suggests a strong belief in Microsoft's continued growth. The increase in the price target comes as Microsoft trades around $528.05, which is about 15.5% below the new target, indicating potential upside as the company approaches its next earnings report.

MSFT Microsoft Corporation

$524.51 ▲ +11.61% year to date

1M 3M YTD

Daily close · Oct 23, 2026

Other Institutional Activity in Microsoft

Several other institutional investors have recently adjusted their positions in Microsoft. Simplicity Wealth, LLC increased its holdings by 7,515 shares, bringing its total to 93,276 shares worth approximately $47.8 million. In contrast, Mondrian Investment Partners reduced its stake by 222,484 shares, leaving it with 291,748 shares valued at about $149.6 million. Meanwhile, HB Wealth Management added 56,226 shares, increasing its total to 609,049 shares valued at roughly $312.4 million.

Microsoft Corporation Stock Up 1.3%

Microsoft shares are currently trading above their 50-day moving average by about 3.9% and are 21.0% above their 200-day average. However, they are about 4.6% below the 52-week high of $553.72. This position suggests that while the stock is performing well, it still has room for growth, especially with the recent price target increase.

Recent Earnings

Microsoft reported trailing twelve-month revenue of approximately $331.8 billion, with an impressive revenue growth rate of 17.7% year-over-year. The company also has a net margin of 40.3% and a return on equity of 34.0%. The next earnings report is scheduled for October 28, 2026.

Insider Buying and Selling at Microsoft Corporation

Recent insider trading activity shows several executives selling shares. Judson Althoff, an officer, sold 10,000 shares on August 5, 2026, for about $4.88 million. CEO Satya Nadella sold 86,525 shares on September 1, 2026, valued at approximately $43.4 million. CFO Amy E. Hood also sold shares on two occasions, totaling about $24.1 million.

Analysts Set New Price Targets

On October 26, 2026, Scotiabank maintained its Sector Outperform rating while raising its price target to $625 from $615. Earlier in the month, other firms like BMO Capital and Guggenheim also adjusted their targets, with BMO raising its target from $515 to $600.

About Microsoft Corporation

Microsoft Corporation, based in Redmond, WA, is a leading technology company that develops software and hardware products for consumers and businesses worldwide. Its offerings include operating systems, server applications, and various devices, including PCs and gaming consoles. The company's performance continues to be strong, driven by its diverse portfolio and consistent innovation.

Bottom Line

Investors should watch for Microsoft's upcoming earnings report on October 28, 2026, as it could provide further insights into the company's growth trajectory. Additionally, the recent price target adjustments from analysts suggest a favorable outlook for the stock, reinforcing its position in the technology sector.