Microsoft Corporation (NASDAQ:MSFT) is one of the AI Stocks in Focus on Wall Street. On November 29, JPMorgan reiterated the stock as “Overweight,” stating that Microsoft has a “compelling vision” after attending the company’s Ignite Conference. The firm has a $575 price target on the stock.
“We attended Microsoft’s Ignite conference held in San Francisco, CA. Throughout the presentations and announcements, Microsoft brings to the forefront the concept of ‘frontier firms’ that are reimagining how business is done by placing AI at the operational core to enable employees and catalyze productivity.”
The firm noted how Microsoft has laid out a strong vision for enterprise AI, partiucalry as organziations are now shifting to AI deployment. The company announced Agent 365, a software that can help organizations deploy, organize, and govern agents securely.
Citing an IDC study, the company noted how as many as 1.3B AI agents will be deployed by 2028, reinforcing the need for Agent 365, as well as an Intelligence layer that can help unify structured and unstructured data for utilization by said agents.
Microsoft announced an App Builder for M365 Copilot.
“With App Builder, users can create an app within a matter of minutes through the combination of natural language and the intelligence layer within Microsoft’s platform that provides business-specific context to AI apps. This complements Microsoft’s GitHub Copilot family of products, helping provide development tools to users from the technical to the non-technical.”
JP Morgan also highlighted the new partnership between Microsoft, Nvidia (NVDA) and Anthropic (ANTHRO). Microsoft will invest up to $5 billion into Anthropic, while Nvidia will invest up to $10 billion. Anthropic has also committed to spend $30B on Microsoft’s Azure compute capacity as well as to contract additional compute capacity up to one gigawatt.
Microsoft Corporation (NASDAQ:MSFT) provides AI-powered cloud, productivity, and business solutions, focusing on efficiency, security, and AI advancements.
While we acknowledge the potential of MSFT as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 10 AI Stocks in Focus on Wall Street and 10 Hot AI Stocks to Keep on Your Radar Disclosure: None.