Microsoft AI Sales Targets Lowered, Stock Dips Amid Market Concerns

Microsoft lowers AI sales growth targets amid Azure Foundry challenges, but analyst sentiment remains positive with strong buy ratings and high price targets.

  • Microsoft reduced sales growth targets for some AI products after missing goals for fiscal year ending June 2025.
  • Sales challenges affected the Azure Foundry platform, a service that helps companies develop and manage AI agents.
  • Microsoft stated total AI product sales quotas were not lowered, disputing reports that combined growth and quota concepts.
  • Despite the setback, analyst sentiment remains positive; most recommend buying Microsoft stock with price targets of $600 to $650.
  • Microsoft also reported a record $35 billion capital expenditure in its fiscal first quarter, raising concerns about spending amid AI market uncertainties.

Microsoft stock declined slightly on Wednesday after the company lowered sales growth targets for certain Artificial Intelligence software products. This adjustment followed missed sales goals in the fiscal year ending June 2025. The reduction in targets drew investor attention due to Microsoft’s size and historical performance.

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The sales shortfall mainly occurred in Microsoft’s Azure cloud computing division, especially involving the Foundry product. Foundry supports enterprises in building and managing AI agents. Reportedly, fewer than 20% of salespeople in one U.S. Azure unit met their sales growth goal of 50%.

In response to reports, a Microsoft spokesperson clarified that the news outlet had incorrectly merged the ideas of sales growth and quotas. The company emphasized that “aggregate sales quotas for AI products have not been lowered, as we informed them prior to publication.” It remains uncertain how this statement affects investor perceptions.

Microsoft is considered a major competitor in the expanding Ai technology sector, partly due to its early investment in OpenAI and ChatGPT integration. However, reduced growth targets have contributed to market concerns about actual AI tool adoption rates. Additionally, the company’s capital spending reached nearly $35 billion in the fiscal first quarter ending October, which may intensify worries about excessive AI-related investment amid debates over the AI market’s stability.

At the time of reporting, Microsoft shares traded around the midpoint of their 52-week range and stayed above the 200-day simple moving average. Analysts continue to hold a largely optimistic view. Of 62 analysts surveyed, 98% rate the stock as a buy and none as a sell. Several firms, including Bernstein, Evercore ISI Group, and Raymond James, have assigned Outperform ratings with price targets ranging between $600 and $650.

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