Microsoft Stock Is Down 22%, but Here's Why It Could Soar After April 29
Microsoft's stock has dropped 22% from its all-time high, but its upcoming quarterly earnings report on April 29 could be a bullish catalyst. The report will provide updates on its AI products and services, including Copilot and Azure.
Microsoft's stock is down 22% from its record high, partly due to investor concerns about its cloud order backlog. The company's quarterly earnings report on April 29 will provide updates on its AI products and services. Copilot, Microsoft's virtual assistant, has been integrated into existing software products, including Windows and the 365 productivity suite. As of December 31, businesses had purchased 15 million Copilot for 365 licenses, representing a 3.7% penetration rate. Microsoft's Azure cloud platform has been a growth engine, with revenue growing at least 39% year over year in the first two quarters of fiscal 2026. The company's investment in data centers and specialized chips from Nvidia has enabled businesses to develop AI models and software.
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