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Microsoft Corporation (MSFT)
Chart Events
Performance Outlook
| Previous Close | 209.44 |
| Open | 209.35 |
| Bid | 0.00 x 800 |
| Ask | 0.00 x 800 |
| Day's Range | 206.81 - 210.07 |
| 52 Week Range | 132.52 - 232.86 |
| Volume | 22,793,494 |
| Avg. Volume | 34,870,421 |
| Market Cap | 1.568T |
| Beta (5Y Monthly) | 0.89 |
| PE Ratio (TTM) | 35.98 |
| EPS (TTM) | 5.76 |
| Earnings Date | Oct 21, 2020 - Oct 26, 2020 |
| Forward Dividend & Yield | 2.24 (1.07%) |
| Ex-Dividend Date | Nov 18, 2020 |
| 1y Target Est | 229.83 |
Fair Value
Related Research
- Bloomberg
Alibaba Expects First Profit From its Cloud Arm This Year
(Bloomberg) -- Alibaba Group Holding Ltd. foresees its cloud services arm turning profitable for the first time this year, a milestone for the decade-old business that underscores how Asia’s largest corporation expects a return to pre-pandemic levels as China’s economy rebounds.Alibaba’s shares rose as much as 4% in Hong Kong, their biggest intraday gain in over a month. Its internet computing business is growing roughly 60% at an annual revenue run rate of about $7 billion, Chief Financial Officer Maggie Wu told investors at an annual company conference. The unit should turn profitable in the year ending March, she said.Cainiao, the logistics service Alibaba folded fully into its broader empire in 2017, should generate positive cash-flow on an operating basis over the same period, she added.China’s most valuable corporation has invested billions in hosting computing for corporations over the cloud, while building a nationwide logistics network that can handle the billions of parcels its e-commerce business throws out. Achieving profitability will boost Alibaba as it tries to revitalize growth alongside a recovery in the broader Chinese economy. The e-commerce giant is riding a pick-up in consumer spending -- particularly online -- in a country among the first to recover from Covid-19.“We typically spend 8 to 10 years incubating, nurturing and growing a new business,” Chief Executive Officer Daniel Zhang told investors. “We still regard ourselves to be in the nascent stage of the global cloud era.”Like Amazon.com Inc.’s, Alibaba’s cloud service emerged from the computational power needed to handle billions of online shopping transactions to become one of its fastest-growing initiatives. The Chinese company today relies on the service, which competes globally with Amazon Web Services, Microsoft Corp. and Google, to underpin both its global expansion and forays into newer arenas such as live-streaming.Read more: Alibaba Touts Post-Virus Rebound While Watching ‘Fluid’ U.S.What Bloomberg Intelligence SaysChina’s investment in new infrastructure -- including 5G networks and data centers -- could reach 8-10 trillion yuan in its 14th Five-Year Plan, taking the limelight from traditional projects that may still make up more than 80% of infrastructure spending. A dual development push could buttress the economy while laying the foundation for technology-driven long-term growth.\- Denise Wong, analystClick here for the research.Alibaba’s cloud business continued to grow during the global Covid-19 shutdowns this year. It held a leading 40.1% share of China’s total cloud infrastructure services spending in the June quarter, more than double its closest competitors, according to industry researcher Canalys. Even as economies start to recover, the company is aiming to take advantage of the shift to upgrade more corporate IT infrastructures to the cloud and boost cloud-based collaboration at work, Zhang told investors Wednesday.Retail sales in the world’s No. 2 economy rose for the first time this year in August, after virus restrictions eased. The comeback in consumer spending has allowed Alibaba to further expand a $700 billion empire that already spans online retail, food delivery and internet computing. It owns a third of Ant Group, the Chinese financial titan pursuing potentially the world’s largest initial public offering, and most recently outlined plans to create a new line of business by modernizing factories.Excluding its stake in Ant, Alibaba’s strategic investments are currently valued at $45 billion, Wu told investors on Wednesday, adding that the company will continue to invest in technology and research. Alibaba last year reported an $83 billion stake in its global portfolio of investments, which included its 33% stake in the fintech behemoth.Zhang -- credited with orchestrating Alibaba’s last big foray into a new arena, with a move into brick-and-mortar retail -- is responding in part to intensifying competition on multiple fronts. Pinduoduo Inc. has lured small-town buyers away with cheaper bargains, while traditional foe JD.com Inc. has ventured beyond its traditional strength in consumer electronics into groceries, a category that leapt to the fore during nationwide lockdowns.Even social media companies like ByteDance Ltd. and Tencent Holdings Ltd. are increasingly reaching out to shoppers through live-streaming -- a route Alibaba pioneered with Taobao Live -- after Covid-19 fueled online entertainment. While rival video apps like Tencent-backed Kuaishou and ByteDance’s Douyin typically directed traffic to Alibaba platforms, they’re now seeking to handle the transactions by themselves.Then there’s sustained competition in food delivery. Alibaba’s Ele.me now directs flowers, housekeepers and masseurs to doorsteps in addition to lunchboxes, while Tencent-backed Meituan Dianping tries its hand on beauty products and smartphones.With more than 1 billion annual active consumers, Alibaba generated over $1 trillion in gross merchandise value in the 12 months ended June, Wu said. Spending on its platforms accounted for about 18% of China’s total retail sales, up from about 10% in 2015.“Domestic consumption, cloud computing and data intelligence, and globalization -- these are the three growth engines for Alibaba’s future,” Zhang said. “Digitalization is the biggest opportunity of our time.”Read more: Chinese Consumers Join Industrial Recovery From Covid-19(Updates with comments from CFO and CEO starting from seventh 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.
- Bloomberg
Microsoft Says Russia Behind Most Nation-State Cyber-Attacks
(Bloomberg) -- Russia-based hackers are responsible for the majority of nation-state attacks on Microsoft customers, according to new data from company.Microsoft Corp. has issued 13,000 alerts about nation-state hacking attempts to its customers in the last two years, with 52% of incidents between July 2019 and June 2020 related to Russian hackers -- whose targets have ranged from elections to the Olympics, according to a report published Tuesday. Iran was responsible for a quarter of the alerts while China was responsible for 12%. The remainder of the nation-state activity observed by Microsoft came from North Korea and other countries.Russian hackers have targeted elections and political organizations in multiple countries, as well as non-profit groups, professional services and higher education, according to Microsoft. Kremlin-linked hackers also tried to break into 16 sporting and anti-doping organizations on three continents amid doping investigations into Russia athletes.“We see nation-state actors constantly evolving, trying new techniques,” said Tom Burt, a vice president at Microsoft. “As it stands today the attackers are winning in that they are so well resourced, so determined and so agile.” Foreign hackers have continued to target organizations related to American politics in recent weeks, he said.Iranian hackers have also been prolific, stepping up the volume of their attacks in the last six months, according to Burt. In August 2019 alone, Iranian hackers attacked 241 Microsoft accounts associated with a U.S. presidential campaign, current and former U.S. officials, political journalists and well-known Iranians living abroad, the report said. While only four of these attacks were successful, Microsoft anticipates an increase activity as the U.S. election approaches.Hackers based in China have “attempted to gain intelligence on organizations associated with the upcoming U.S. presidential election,” according to Microsoft. Those hackers have also been active in cyber-attacks related to medical research. Among multiple attempts to hack medical research institutions in the U.S. and Asia, China-based hackers attacked an unnamed U.S. university that was researching a coronavirus vaccine in March.China is one of 16 nation-state actors that Microsoft has observed targeting customers involved in the global Covid-19 response efforts. Targets of these attacks have included global medical relief and humanitarian aid groups along with government health-care organizations.China was also a victim of attacks that sought to leverage the pandemic. “China, the United States, and Russia were hit the hardest, but every country in the world saw at least one Covid-19-themed attack, with the volume of successful attacks in outbreak-hit countries increasing as fear and the desire for information grew,” the Microsoft report said.Hospitals and other entities have also been hit with ransomware -- in which files are locked from users until payment is made. Ransomware is the “most problematic” and “fastest growing” threat in cybercrime, Burt said.(Updates with comments from Tom Burt and additional context from him.)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.
- Moody's
Microsoft Corporation -- Moody's announces completion of a periodic review of ratings of Microsoft Corporation
Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Microsoft Corporation and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers.
