MSFT vs. AMZN: Which AI Stock Looks More Attractive Ahead of Earnings, According to Analysts?

Analysts expect Azure and Copilot to support Microsoft’s growth, while Amazon is counting on strong AWS performance.

Let’s dig deeper.

Microsoft Stock Forecast: What Analysts Expect from Q4 Earnings

Microsoft is scheduled to announce its Q4 FY26 results after the market closes on Wednesday, July 29. MSFT stock has declined 21% year-to-date amid concerns about returns on the company’s heavy AI spending. Wall Street expects Microsoft to report earnings per share (EPS) of $4.24 for Q4 FY26, reflecting 16% year-over-year growth. Revenue is estimated to grow about 15% to $87.62 billion.

Ahead of the earnings report, Truist analyst Terry Tillman reiterated a Buy rating on MSFT stock with a $575 price target. He expects Microsoft to report solid results and provide a strong outlook. Tillman remains bullish on Azure’s long-term growth and expects AI revenue to rise as more customers adopt Copilot. He also sees growth from Microsoft’s own AI products and third-party AI services.