Microsoft Corp ( MSFT ) shares are in the spotlight Tuesday ahead of earnings after the bell. Here’s what you need to know before the print.

What To Know: Microsoft ( MSFT ) is due to report fourth-quarter financial results after the market close on Tuesday. Analysts are looking for earnings of $2.93 per share and revenue of $64.357 billion, according to estimates from Benzinga Pro.

Last quarter, Microsoft ( MSFT ) beat analyst estimates on the top and bottom lines as revenue jumped 17% year-over-year driven by strong sales execution.

"Microsoft Copilot and Copilot stack are orchestrating a new era of AI transformation, driving better business outcomes across every role and industry," Microsoft ( MSFT ) chairman and CEO Satya Nadella said at the time.

Microsoft ( MSFT ) has topped analyst estimates for earnings and revenue in five consecutive quarters heading into Tuesday’s print.

See Also: How To Earn $500 A Month From Microsoft Stock Ahead Of Q4 Earnings

Wedbush analyst Dan Ives will be looking to get a reading on the pace of AI adoption when Microsoft ( MSFT ) reports after the bell.

The Wedbush analyst said in a recent note that channel checks pointed to a potentially “robust” quarter for Microsoft ( MSFT ), as the company is in “the driver’s seat” of the AI revolution. Ives maintained an Outperform rating and price target of $550 ahead of earnings.

Here’s a look at other recent analyst changes leading up to earnings:

BMO Capital analyst Keith Bachman maintained Microsoft ( MSFT ) with an Outperform and raised the price target from $465 to $500.

Piper Sandler analyst Brent Bracelin reiterated Microsoft ( MSFT ) with an Overweight and raised the price target from $465 to $485.

Mizuho analyst Gregg Moskowitz maintained Microsoft ( MSFT ) with an Outperform and raised the price target from $450 to $480.

BofA Securities analyst Brad Sills maintained Microsoft ( MSFT ) with a Buy and raised the price target from $480 to $510.

TD Cowen analyst Derrick Wood maintained Microsoft ( MSFT ) with a Buy and raised the price target from $470 to $495.

MSFT Price Action: Microsoft ( MSFT ) shares were down 0.36% at $425.18 at the time of publication Tuesday morning, according to Benzinga Pro.

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