MSFT - Microsoft Corporation
Chart Events
Performance Outlook
- Short Term2W - 6W
- Mid Term6W - 9M
- Long Term9M+
| Previous Close | 184.91 |
| Open | 184.82 |
| Bid | 184.55 x 3100 |
| Ask | 184.61 x 1100 |
| Day's Range | 183.62 - 185.07 |
| 52 Week Range | 124.21 - 190.70 |
| Volume | 5,117,844 |
| Avg. Volume | 51,070,178 |
| Market Cap | 1.395T |
| Beta (5Y Monthly) | 1.23 |
| PE Ratio (TTM) | 34.71 |
| EPS (TTM) | 5.30 |
| Earnings Date | Jul 16, 2020 - Jul 20, 2020 |
| Forward Dividend & Yield | 2.04 (1.10%) |
| Ex-Dividend Date | May 20, 2020 |
| 1y Target Est | 197.16 |
- Bloomberg
Zoom Transforms Hype Into Huge Jump in Sales, Customers
(Bloomberg) -- Zoom Video Communications Inc. demonstrated that paying customers have flocked to its virtual-meeting software, transforming the once-niche appmaker into a popular communications service and positioning it to benefit as the nature of work, school and life is upended.Zoom reported sales soared in the three months ended April 30, when the coronavirus pandemic spurred a wave of stay-at-home orders for millions of people worldwide. The company expects the trend to continue the rest of the year, and projected that revenue and profit will leapfrog investors’ earlier expectations.“A shift in work culture triggered by the Covid-19 pandemic urges corporations to pull forward adoption of cloud-based video-conferencing tools,” Boyoung Kim, an analyst at Bloomberg Intelligence, wrote Tuesday in a note. Zoom’s “intuitive technology and strong brand recognition should help the company pick up market share in video conferencing, outpacing the industry.”Sales in the current quarter will be as much as $500 million, the San Jose, California-based company said Tuesday in a statement. Revenue in the third and fourth fiscal quarters should be consistent with that performance, Chief Financial Officer Kelly Steckelberg said during a conference call. Overall, Zoom expects to generate as much as $1.8 billion this fiscal year, which is almost triple the size of the business last year. Analysts, on average, estimated $930.8 million, according to data compiled by Bloomberg.Zoom’s shares slid about 1% Wednesday morning in New York after closing at a record $208.08 on Tuesday. The stock has tripled this year.Chief Executive Officer Eric Yuan has tried to ensure that his virtual-meeting platform can cope with a swell of demand from people staying home to curtail the spread of Covid-19. While security and privacy issues plagued the system early in the quarantine, Zoom has become an essential service, attracting more than 300 million participants some days, up from 10 million in December. The software maker allows gatherings of as long as 40 minutes for no charge. While Zoom has attracted more buzz than corporate rivals, the results Tuesday suggested it can attract the paying clients needed to compete against services from Microsoft Corp., Cisco Systems Inc. and Alphabet Inc.’s Google.The software maker said its potential market has expanded beyond an estimate of $43 billion by 2022 made by analyst IDC, according to a 2019 regulatory filing. And executives said they have expanded hiring plans to take advantage of the opportunity. While Steckelberg warned that the lifting of stay-at-home orders may cause fewer people to use Zoom’s software, the company said it hadn’t seen the numbers decline yet in areas that have reopened.Many educational institutions that teach through Zoom have decided to host virtual classes through at least the fall, pointing to robust demand for the app through the rest of the year. To continue growing at a torrid pace, Zoom will sell its Phone software and Rooms hardware products to existing customers, Steckelberg added. Yuan vowed not to rely on advertising to make money from its legions of free users.In the fiscal first quarter, revenue increased about 170% to $328.2 million. Analysts, on average, expected $203 million, according to data compiled by Bloomberg. Profit, excluding some items, was 20 cents a share, compared with analysts’ average projection of 9 cents.The company said its expects adjusted profit in the fiscal year will be $355 million to $380 million, or $1.21 to $1.29 a share. Analysts had estimated 46 cents, just more than Zoom’s earlier forecast. The company has been spending to bolster its network capacity, including by buying cloud-computing services from Oracle Corp. during the pandemic. Zoom also continues to use Amazon.com Inc.’s cloud service, which provided the majority of the new capacity.Zoom’s daily meeting participants have dipped a bit below the blockbuster 300 million figure revealed in April, but Steckelberg said the company expects to consistently surpass that milestone in the future.The company said it ended the quarter with about 265,400 customers with more than 10 employees, a more than fourfold increase from the same period a year earlier. The company now has 769 corporate clients that have spent more than $100,000 on Zoom’s products over the last 12 months, about double from a year earlier.With Zoom’s popularity has come controversy over the company’s security practices. Trolls have invaded myriad meetings, religious gatherings and other events, to share pornography and shout profanity or racial epithets, in a phenomenon known as “Zoombombing.” The company highlighted or created a raft of tools users can employ to prevent the virtual attacks, including passwords and waiting rooms.There also were instances when Zoom calls were routed through servers in China even when no participant was based there and users were unwittingly sending metadata to Facebook Inc. when they signed in. Zoom put an end to both practices. The company pledged to commit to bolstering privacy over all other concerns for three months, purchasing a secure-messaging company, Keybase, to bring the highest standard of encryption to the platform, and hiring cybersecurity experts to guide safety efforts.Corporate clients will get access to Zoom’s end-to-end encryption service now being developed, but Yuan said free users won’t enjoy that level of privacy, which makes it impossible for third parties to decipher communications.“Free users for sure we don’t want to give that because we also want to work together with FBI, with local law enforcement in case some people use Zoom for a bad purpose,” Yuan said on the call.(Updates with shares in fifth paragraph.)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
- Investor's Business Daily
FANG Stocks, Long-Term Leaders Lift IBD Breakout Stocks Index
As the coronavirus stock market rebounds, FANG stocks and IBD Long-Term Leaders Microsoft, PayPal and ServiceNow enter the IBD Breakout Stocks Index.
- Motley Fool
Why Investors Should Consider Zscaler's Strong Results With Prudence
The cybersecurity specialist's fiscal third-quarter results exceeded expectations, but a closer look reveals a less rosy picture.
- MarketWatch
Why Skype will likely never be able to dethrone Zoom
Zoom is easy to use and doesn’t require integration with other software products, as Microsoft’s Skype does.
- Investor's Business Daily
Microsoft Seen Beating Apple To $2 Trillion Market-Cap Milestone
Microsoft could reach a market cap of $2 trillion in two years, an analyst said Tuesday. The prediction comes a day after another analyst said Apple could hit the milestone in four years.
- Motley Fool
Will Microsoft Be a $2 Trillion Stock?
Microsoft (NASDAQ: MSFT) is the odds-on favorite to be the first company to cross the $2 trillion market cap threshold according to Wells Fargo Securities analyst Philip Winslow, citing strong growth in Microsoft's Azure cloud computing business.
- Barrons.com
Microsoft Could Be a $2 Trillion Company. Analyst Sees Gains From Cloud Business.
Microsoft stock has climbed more than 15% in 2020 as the company has avoided much impact from Covid-19. Yet Wells Fargo argues that the shares have more room to run.
- MarketWatch
Zoom and Slack are worth nearly $50 billion more since coronavirus hit, and now we see the results
The COVID-19 outbreak brought waves of new users to Zoom Video Communications Inc. and Slack Technologies Inc., but this week we find out how many are actually paying for the services, and how much it is costing the companies to support them.
- Yahoo Finance
Why looting, protests and COVID-19 haven't pounded the stock market
Here's why stocks continue to be in rally mode despite the horrors sweeping America right now.
- Yahoo Finance
‘Now is not the time’: Video game makers announce delays
Video game companies are delaying the launch and debut of major titles amid George Floyd and police brutality protests.
- Yahoo Finance
'It's driving up the heat density within data centers:' Why AI and 5G are contributing to climate concerns
The increasing prevalence of artificial intelligence and 5G technology are threatening to drive up energy consumption, putting the technology sector on par with the aviation industry in the amount of CO-2 it releases, according to a leading researcher at Gartner. While data centers, tasked with processing the world’s data, have made significant investments to reduce energy consumption over the last several years, David Cappuccio, Gartner VP of Research, says that dynamic is likely to shift dramatically with the growing use of analytics and machine learning.
- MarketWatch
If you think the time is right for value stocks, this diversified dividend ETF may fit the bill
The Pacific Global U.S. Equity Income ETF is broadly invested, with a dividend yield of 3.74%, nearly twice that of the S&P 500.
- TheStreet.com
Here's When I'd Adjust My Position Size in Microsoft
Why am I even in Microsoft to begin with? Before there was a pandemic to deal with, and now a social crisis that will keep many downtowns shuttered for longer than they should have been, Microsoft was effectively growing the business through the firm's mutli-cloud environments for business. Azure (+59%) has been aggressively gaining market share on industry leader Amazon AWS.
- Barrons.com
Why Protests Rarely Rattle Markets
The U.S. is experiencing painful civil unrest in the aftermath of the Memorial Day killing of George Floyd. The stock market has yet to react.
- Motley Fool
Microsoft Is Taking a Different Approach to News Than Apple
Microsoft (NASDAQ: MSFT) has been involved in the news in some form or fashion for far longer than its longtime rival Apple (NASDAQ: AAPL), most prominently with its partnership with NBC for MSNBC that dates back to the mid-'90s; Microsoft exited that pact in 2012. More recently, the software giant revamped its mobile news offerings a couple years ago, including its Microsoft News platform, while still maintaining the MSN network. Meanwhile, Apple has continued to expand its Apple News platform, which now reaches 125 million people every month.
- MarketWatch
Warning of ‘green swan’ risks, climate group Ceres and bipartisan supporters lay out 50-step plan for markets and regulators
A new report outlines how and why U.S. financial regulators, who are responsible for protecting the stability and competitiveness of the U.S. economy, need to recognize and act on climate change as a systemic risk
- Motley Fool
Why Microsoft and Slack Compete
In this episode of Industry Focus: Tech, Dylan Lewis and Motley Fool contributor Brian Feroldi discuss the competitive dynamics between Slack (NYSE: WORK) and Microsoft (NASDAQ: MSFT) and the enterprise software segment in general. To catch full episodes of all The Motley Fool's free podcasts, check out our podcast center. Dylan Lewis: It's Friday, May, 29th, and we are talking about the ongoing war between Microsoft and Slack.
- Barrons.com
Merger Activity Is Down, Not Out. Why Bankers Are Feeling Optimistic.
A hint of optimism is wafting through an M&A market desperately in need of some good news. “The market is starting to open up,” one banker said. In a market devastated by coronavirus, that counts as progress.
- MarketWatch
Here’s why the ‘unloved but welcome’ U.S. stock market rally from March lows won’t last, Goldman says
The “unloved but welcome” stock market rally over the past two months is unlikely to persist, according to Goldman Sachs analysts. After opening lower on Monday amid civil unrest and U.S.-China trade tensions the Dow Jones Industrial Average (DJIA) reversed losses as investors focused on hopes of an economic recovery, closing 91.91 points higher. Optimism over the economic recovery from coronavirus, with all 50 states taking steps to reopen, has sent stocks higher in recent weeks.
- Investor's Business Daily
Breakout Watch: Tesla Stock Gaps Up Into Buy Zone
As SpaceX successfully takes flight, Elon Musk-chaired Tesla stock also rockets higher, and is added to Leaderboard.
- Motley Fool
Dow Jones Rises Despite Civil Unrest; Walmart and Apple Close Stores Over Weekend; Microsoft Replaces Editors With AI
The Dow Jones Industrial Average (DJINDICES: ^DJI) shook off some truly bad news on Monday, up about 0.2% at 11:40 a.m. EDT. Just as the U.S. economy was beginning to recover from the novel coronavirus pandemic, civil unrest in major U.S. cities threatened to impede that recovery. Shares of Apple (NASDAQ: AAPL) and Walmart (NYSE: WMT) made only small moves as the companies closed some stores on Sunday due to the unrest.
- Bloomberg
Okta Projects In-Line Revenue on Remote-Working Demand
(Bloomberg) -- Okta Inc. projected revenue in the current quarter in line with Wall Street estimates, suggesting that a swell of remote workers has created steady demand for its security software.Sales will be $185 million to $187 million in the period ending in July, the San Francisco-based company said Thursday in a statement. Analysts, on average, projected $185 million, according to data compiled by Bloomberg. Okta expects a loss, excluding some items, of 1 cent to 2 cents a share, better than analysts’ projection of a loss of 9 cents.The company affirmed its annual revenue forecast of as much as $780 million. The company now projects a narrower adjusted loss in the fiscal year of as much as 23 cents a share compared with an earlier forecast of 36 cents.Okta makes identity-management software used to log in to various systems. The company has benefited from businesses’ need to have employees remotely access corporate systems in a secure way. Chief Executive Officer Todd McKinnon has sought to integrate his technology with programs from various other companies in a bid to compete against larger rival Microsoft Corp. In April, Okta expanded an alliance with onetime foe VMware Inc. to help protect networks and applications from unsafe software and devices. The company announced similar pacts with CrowdStrike Holdings Inc. and Tanium Inc.“The good news for us is only 12% of our business is in Covid-19 impacted industries,” McKinnon said in an interview. “There are other companies going quickly to remote work and doing contracts that got fast-tracked.”Okta’s revenue climbed 46% to $183 million in the period that ended April 30, beating analysts’ estimates of $172 million. Excluding some items, the company lost $8.1 million in the quarter, or 7 cents a share. Analysts projected a loss of 18 cents.Okta’s remaining performance obligations, a measure of future business, jumped 57% in the quarter to $1.2 billion.(Corrects explanation of remaining performance obligations in final paragraph.)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
- MarketWatch
All the ways assisted living and senior housing could serve residents better
Ron, my significant other of 25 years, is a retired psychologist with Parkinson’s disease. A few days ago, for example, while were FaceTiming, I told Ron I had a 1 p.m. Zoom (ZM) date with my grandsons.
- Barrons.com
Zoom Reports Earnings Today. Here’s What to Expect.
(ZM) shares never cease to amaze. The stock has nearly tripled for the year to date, driving the company’s market capitalization to $56 billion, about 60 times projected revenues for the year. For the April quarter, Zoom has projected revenue of $199 million to $201 million, with profits of 10 cents a share.
- GuruFocus.com
American Pie
One of my favorite songs of all time is Don McClean’s 1971 hit, 'American Pie.' He tells the story of the aftermath of the plane-crash loss of his favorite music makers Continue reading...
