Morgan Stanley: Microsoft Dividend Raised 8%, Price Target $600
Source：
www.techflowpost.com
According to Trend Research, a Morgan Stanley research report dated September 16, 2026 states that Microsoft will increase its quarterly dividend by 8% and maintain an Overweight rating, with a target price of $600 against a current price of $497.12, representing an upside potential of approximately 20.7%. Morgan Stanley expects the growth rate of Azure and other cloud services to accelerate from 40.7% in FY26 to 44.9% in FY27, while M365 commercial cloud growth will rise from 16.4% to 16.6%. The base case scenario assumes FY28 earnings per share of $24.06, applying a 25x P/E multiple.
