EL7.AI
StocksUpdated×5•Originally published 27 April 2026•Updated 29 April 2026•
1 min read

Microsoft Q3 Earnings Preview: Analysts Bullish Ahead of April 29 Report

Key Facts

1Evercore ISI analysts maintain a bullish outlook on Microsoft heading into its fiscal Q3 earnings report on April 29th.
2Consensus estimates project earnings of $4.07 per share on revenue of $81.4 billion.

Analysts at Evercore ISI maintain a bullish outlook on Microsoft ahead of its fiscal Q3 earnings report, even as the stock recently experienced its worst quarterly performance since 2008. This optimism persists alongside expectations of a 16% year-over-year expansion in total revenue, fueled by Azure's continued strength. Investor attention remains fixed on the rising costs of AI infrastructure, with consensus estimates projecting earnings of $4.07 per share on revenue of $81.4 billion. Technical indicators remain supportive as the stock trades above its 100-day moving average despite the historical quarterly slump. This report will be pivotal in determining if Microsoft can sustain its growth trajectory while managing heavy capital expenditures in artificial intelligence.