๐ข BERNSTEIN TARGETS $660 โ MICROSOFT'S AI SPENDING FEAR IS OVERBLOWN ๐
Target: 660 ๐ฏ
๐ The 30% bounce off the late-July earnings print already sent the fear crowd scrambling โ and Bernstein says the tank isn't empty. ๐ก The $329B lease book stretches from FY27 to FY33, not jammed into one short-cycle spending spree. That's the tell: hardware commitments peak around $169B in FY27, then fade hard, leaving room to pivot resources into traditional cloud and software. ๐ No forced death spiral, just a long runway.
Valuation still trades below its prior high zone despite the recovery โ meaning the market hasn't fully priced the AI-cloud flywheel. โก With Azure and Copilot pulling the growth cart, this is institutional conviction with momentum behind it. ๐ฌ Are you buying the "overbuilt" narrative, or is the market still two steps behind the data? ๐
โ ๏ธ Not financial advice. Always manage your risk. ๐ก๏ธ
๐ท๏ธ #MSFT #Microsoft #Outperform #AI #Bullish
๐ฏ ๐ฆ
Target: 660 ๐ฏ
๐ The 30% bounce off the late-July earnings print already sent the fear crowd scrambling โ and Bernstein says the tank isn't empty. ๐ก The $329B lease book stretches from FY27 to FY33, not jammed into one short-cycle spending spree. That's the tell: hardware commitments peak around $169B in FY27, then fade hard, leaving room to pivot resources into traditional cloud and software. ๐ No forced death spiral, just a long runway.
Valuation still trades below its prior high zone despite the recovery โ meaning the market hasn't fully priced the AI-cloud flywheel. โก With Azure and Copilot pulling the growth cart, this is institutional conviction with momentum behind it. ๐ฌ Are you buying the "overbuilt" narrative, or is the market still two steps behind the data? ๐
โ ๏ธ Not financial advice. Always manage your risk. ๐ก๏ธ
๐ท๏ธ #MSFT #Microsoft #Outperform #AI #Bullish
๐ฏ ๐ฆ