MSFT34 Stock Price and Chart — BMFBOVESPA:MSFT34

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Microsoft reported a $25.8 billion profit for the March quarter, with earnings of $3.46 per share. Revenue hit $70.1 billion, driven by strong cloud growth, boosting shares 8%.

Microsoft reported better-than-expected earnings, which contributed to improved market sentiment.

Mizuho has raised its price target for Microsoft (MSFT) to $500 from $475 while keeping an outperform rating.

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About Microsoft Corp.

Microsoft Corp. engages in the development and support of software, services, devices, and solutions. It operates through the following segments: Productivity and Business Processes, Intelligent Cloud, and More Personal Computing. The Productivity and Business Processes segment is composed of products and services relating to productivity, communication, and information services such as Office Commercial, Office Consumer, LinkedIn, and Dynamics business solutions. The Intelligent Cloud segment consists of public, private, and hybrid server products and cloud services for businesses and developers, as well as enterprise and partner services. The More Personal Computing segment refers to products and services including Windows operating system, Windows cloud services, Surface, HoloLens, personal computer accessories, Xbox hardware, Xbox Cloud Gaming, Microsoft News, and Microsoft Edge. The company was founded by Paul Gardner Allen and William Henry Gates, III in 1975 and is headquartered in Redmond, WA.