Is Microsoft Corporation (MSFT) The Best Software Infrastructure Stock to Buy Now?

Microsoft Corporation (NASDAQ:MSFT) is among the best software infrastructure stocks to buy now. On May 1, TheFly reported that Patrick Colville from Scotiabank trimmed the price target on Microsoft Corporation (NASDAQ:MSFT) from $600 to $550 and reiterated an Outperform rating. While noting the strong third-quarter results, the analyst said that “full speed ahead” Q4 guidance and “all systems go” for FY27 targets stood out the most.

According to Colville, investors appear concerned about Azure’s growth momentum, Copilot adoption, OpenAI’s competitive standing, and potential increases in capex. The recent earnings helped lift these worries, driven by anticipated Azure re-acceleration through the year, greater M365 Copilot seat adoption, access to OpenAI technology at zero incremental cost, and updated capex targets, the analyst concluded.

On the other hand, BMO Capital lifted the price target on Microsoft Corporation (NASDAQ:MSFT) to $515 from $505 and reaffirmed an Outperform rating on April 30. The firm believes that the company is a strong defensive stock in a troubled software landscape. Thus, it remains one of the best software infrastructure stocks to buy now.

“MSFT reported a solid set of results, with Azure growth that was 1 point above consensus, and a June quarter Azure revenue guide of 39-40% y/y that was ahead of expectations.”

Microsoft Corporation (NASDAQ:MSFT) is a Washington-based company operating through Productivity and Business Processes, Intelligent Cloud, and Personal Computing segments. Founded in 1975, the company provides software, services, devices, and solutions worldwide.

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