Truist Securities Raises Microsoft (MSFT) Price Target to $600

On October 26, 2026, Truist Securities raised its price target on Microsoft Corporation (MSFT) to $600 from a prior target of $575. The firm maintained a Buy rating, reflecting its positive outlook for the tech giant. This change comes as Microsoft shares were recently trading around $528.05, which is about 12% below the new target price.

MSFT Microsoft Corporation

$524.51 ▲ +11.61% year to date

1M 3M YTD

Daily close · Oct 23, 2026

Truist Securities' Call on Microsoft

Truist Securities moved its price target on Microsoft to $600, up from $575. This adjustment signals the firm's confidence in Microsoft's growth potential, especially as the stock trades below the new target. The firm did not initiate coverage but reiterated its Buy rating, suggesting that it believes the stock has room to grow.

Other Institutional Activity in Microsoft

Several other institutional investors have been active with Microsoft shares. BSN Capital Partners bought 816,767 shares, worth about $405.2 million. In contrast, Mondrian Investment Partners reduced its holdings by 222,484 shares, leaving it with 291,748 shares valued at approximately $149.6 million. HB Wealth Management increased its stake by 56,226 shares, ending with 609,049 shares worth about $312.4 million. These moves reflect a mix of confidence and caution among institutional investors.

Microsoft Corporation Stock Up 1.3%

Microsoft shares closed at $528.78 on October 26, 2026, just slightly below the recent trading price of about $528.05. The stock is currently above its 50-day moving average by 3.9% and its 200-day average by 21.0%. However, it is still about 4.6% below its 52-week high of $553.72, indicating some potential upside as analysts adjust their targets.

Recent Earnings

Microsoft reported trailing twelve-month revenue of approximately $331.8 billion, reflecting a year-over-year growth of 17.7%. The company's net margin stands at 40.3%, and it has a return on equity of 34.0%. Investors will be watching for the next earnings report, scheduled for October 28, 2026, to see how these figures translate into future performance.

Insider Buying and Selling at Microsoft Corporation

In recent months, several insiders have sold shares. Judson Althoff, an officer, sold 10,000 shares on August 5, 2026, for about $4.9 million. CEO Satya Nadella sold 86,525 shares on September 1, 2026, valued at approximately $43.4 million. CFO Amy E. Hood sold a total of 49,979 shares across two transactions, with the latest on October 13, 2026, for about $3.98 million. These sales were made before the recent price target adjustments and do not necessarily indicate negative sentiment.

Analysts Set New Price Targets

On October 26, 2026, Truist Securities reiterated its Buy rating on Microsoft with a new target of $600. Earlier, BMO Capital upgraded its target from $515 to $600, while Bernstein maintained its Outperform rating with a target of $662. The consensus target price among analysts is around $601.73, reflecting a positive outlook on the stock's performance.

About Microsoft Corporation

Microsoft Corporation is a leading technology company based in Redmond, WA. It develops a wide range of technology solutions, including operating systems, server applications, and business software, along with consumer products like PCs and gaming consoles. The company's strong market position and continued innovation contribute to its financial growth and appeal among investors.

Bottom Line

Investors should keep an eye on Microsoft's upcoming earnings report on October 28, 2026, as it may provide further insights into the company's performance. With analysts raising their price targets, the stock's current trading level suggests potential for growth as market conditions evolve.