微软在财报前获得多家分析师上调目标价：Jefferies、UBS 和 Citigroup 均提到 Azure/Microsoft 365 的强劲表现以及 AI 驱动的需求；UBS 指出近期上涨已推高预期，但基本面支撑其目标价。一个障碍是近期上涨后预期已被抬高。
逐段跳播
现在大家把目光转向微软以及那些基本上没有参与这轮大型科技股抛售的主要云计算公司。事实上，微软本周仅下跌了三分之一百分点，而SOX指数下跌了11%，对吧？因此，它在某种程度上受到了保护。
You are now turning to Microsoft and the major cloud computing companies that did not really participate in the wave of the big tech stock sell-off that we have seen. In fact, Microsoft fell by only a third of 1% this week , while the SOX index dropped by 11%, right? Therefore, it was somewhat protected.
所以，微软今天在华尔街获得了更多关注，多位分析师给出了更乐观的看法。Jefferies、UBS和Citigroup都在上调目标价。
So, Microsoft is getting more attention on Wall Street today, with more optimistic views from several analysts. Jefferies, UBS, and Citigroup are all raising their price targets.
Jefferies将其目标价从575上调至650。Jefferies表示，得益于Azure和Microsoft 365，其季度业绩处于有利位置。他们看到了这方面的加速，并认为估值看起来有吸引力。
Jefferies raises its price target from 575 to 650. Jefferies says its quarterly results are well positioned thanks to Azure and Microsoft 365. They see acceleration in this and believe the valuation looks attractive.
对Jefferies来说，在发布财报之前，微软和Alphabet是他们最看好的云计算公司。UBS将微软的目标价上调至675。这较525有所提高。这是该组中最高目标价。
For Jefferies, Microsoft and Alphabet are their favorite cloud computing companies before they release their earnings reports. UBS raises its price target for Microsoft to 675.
This represents an increase from 525. It is the highest target among the group.
UBS，这也是他们预测中上调幅度最大的一次。他们表示，微软的上涨已经推高了增长预期，但他们认为Azure和Microsoft 365的基本面强劲，支撑了他们对达到该目标价的乐观看法。
UBS, it's also the biggest increase in their forecasts. They say that Microsoft's rise has already raised growth expectations , but they see the fundamentals of Azure and Microsoft 365 as strong and support their optimism about reaching that price target.
在Citigroup，他们将微软的目标价上调至636。这较600有所提高。他们表示，对首席信息官的调查以及与分销商的沟通表明，随着企业增加在人工智能方面的支出，需求更加强劲。所以，我们知道Azure在这里是基础设施方面的机会，他们显然认为微软处于有利位置，能够在这一领域获得市场份额。
Microsoft 365则是这里工作环境方面的机会。
At Citigroup, they raised their price target for Microsoft to 636. This is up from 600. They say that a survey of chief information officers and an examination with distributors indicate stronger demand as companies increase their spending on artificial intelligence.
So, we know that Azure is the infrastructure opportunity here, and they clearly see Microsoft as being well-positioned to gain market share in this area. Microsoft 365 is the opportunity for a work environment here.
存在一个与预期相关的障碍，因为正如你提到的，微软近期总体处于上行轨道。不过，这不在今天或本周走势的讨论范围内，对吧？有小幅回落，但随着我们越来越接近财报公布，预期可能会上升，Nicole。
There is a hurdle related to expectations because, as you mentioned, Microsoft has been on an overall upward trajectory recently . Although this is outside the scope of today's or this week's movements, isn't it?
There is a slight decline, but expectations may rise as we get closer to the results announcement, Nicole.
这个频道对 $MSFT 的历次判断
Schwab Network 在这只股票上共 14 条判断，这里只列相邻的几条。