Microsoft stock (NASDAQ: MSFT) fell more than 2.2% on Thursday as the tech sector experienced heightened volatility. It closed the day’s trading session at $381, after touching a high of $402 on Monday, early this week. The correction comes after tech titans are once again being scrutinized for their AI capex, which is increasing in value. On the heels of the recent dip, investment banking firm Oppenheimer urged investors to accumulate the dip, citing the downturn as a temporary phase that will soon shed its skin into a new form.
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Microsoft Stock: Oppenheimer’s New Price Target
Brian Schwartz, Oppenheimer’s Managing Director and Enterprise Software Equity Research, maintained his buy rating for Microsoft stock. He wrote in a note to clients on Wednesday (July 22, 2026) that MSFT could climb above the $500 level next. This makes the software titan a must-watch equity, as the upside potential is bigger. Magnificent seven stocks are always in demand, as they are the pioneers in ushering the world into the next-gen technology, which is artificial intelligence (AI).
Oppenheimer’s analyst has predicted that Microsoft stock would reach a new price target of $515. That’s an uptick and return on investment (ROI) of approximately 35% from its current price of $381. Therefore, an investment of $1,000 could turn into $1,350 if the price prediction turns out to be accurate. That’s stellar gains, as not every asset in the market can generate double-digit gains for traders.
While Oppenheimer’s price prediction on Microsoft is bullish, other Wall Street giants have given bigger targets. Wells Fargo gave MSFT a target of $625, and Bernstein gave it a target of $646. Therefore, Wall Street is confident in Microsoft stock’s price prospects, and taking an entry position in the equity while it is trading below the $400 mark could be beneficial for traders.