Microsoft Stock Target Hit With New $690 Bullish Outlook

Microsoft is gaining momentum after breaking the $500 barrier in August. The software giant recently hit a yearly peak of $505 before settling near $499. This growth marks a sharp recovery from the stock's low point of $384 seen earlier in the third quarter of 2026.

Ivan Feinseth, the Chief Investment Officer at Tigress Financial, recently issued a note advising clients to accumulate the stock. He predicts the price could reach $690, which represents a potential 38 percent increase from current levels. If this forecast holds, investors could see a gain of $190 per share.

The outlook remains positive among other analysts as well. Citi recently raised its own price target for the stock from $570 to $600. These updates suggest that institutional confidence in the company remains high as it continues to grow.

Traders are watching to see if the stock can sustain this upward trend toward these new targets. While past performance does not guarantee future results, the analyst ratings reflect a strong bullish sentiment surrounding the company's recent market performance.