Bank of America Adjusts Microsoft Stock Forecast Ahead of Earnings
Bank of America has revised its forecast for Microsoft stock ahead of its Q3 fiscal year 2026 earnings report. Microsoft's stock has declined by about 13% year to date, while the S&P 500 index has risen 4% in the same period. The company's reliance on OpenAI for 45% of its $625 billion in remaining performance obligations is seen as a risk by investors.
Topics: AI Strategy Bank of America Earnings Microsoft Stock Forecast