Microsoft's AI Revenue Set To Surpass $10 Billion: Piper Sandler Maintains Overweight Rating
1. Piper Sandler anticipates AI revenue for MSFT to reach $10 billion. 2. Azure's annual revenue run rate surpassed $50 billion, projected above $100 billion by 2026. 3. Short-term challenges include currency headwinds and AI infrastructure investments. 4. Analysts maintain an 'overweight' rating with a price target of $520. 5. MSFT stock shows a potential upside of 19.66% from its current price.