Microsoft Cloud Revenue Hits $59.3B, Azure Up 43%
MSFT sits 38% above its 52-week low of $349.2.
Summary
Microsoft's cloud revenue reached $59.3B with Azure and cloud services growing 43% year-over-year, confirming strong demand despite heavy AI capex. The company also reports a sizable backlog supporting ongoing capacity and AI spending. The stock trades about 16% below its GF Value, suggesting potential upside if growth persists. This follows the FY26 10-K showing 18% revenue growth and 41% Azure growth, but today's figures add a fresh quarterly cloud revenue number and valuation context.
At the time of this announcement, MSFT was trading at $483.49 on NASDAQ in the Technology sector, with a market capitalization of approximately $3.6T. The 52-week trading range was $349.20 to $553.72. This news item was assessed with positive market sentiment and an importance score of 7 out of 10. Source: Wiseek News.