Honestly, if you've been checking your portfolio today, you probably noticed things feel a bit jittery. As of January 12, 2026, the current price of microsoft stock is sitting at $477.18. It’s down a tiny bit—about 0.44%—from the last close.
Is that a big deal? Not really, in the grand scheme of things. But for a company that basically powers the world's cubicles and data centers, every dollar move gets analyzed like a crime scene.
Microsoft has had a wild ride lately. Just a few months ago, it hit a 52-week high of $555.45. Since then, it’s been drifting. You've got this tug-of-war between "AI is the future" and "Wait, how much are they spending on servers?" That tension is exactly why the stock is hovering where it is. It's like the market is holding its breath before the next big earnings report later this month.
What’s Actually Driving the Price Today?
Microsoft isn't just a software company anymore. It’s a massive, sprawling AI infrastructure play. When people talk about the current price of microsoft stock, they’re really talking about two things: Azure and OpenAI.
In the last quarterly report (FY26 Q1), revenue hit $77.7 billion. That’s an 18% jump. Azure, their cloud baby, grew 40%. That is a massive number for a business that size. But here’s the kicker: they also took a $3.1 billion hit because of their investment in OpenAI.
It’s weird, right? They’re winning, but it’s costing them a fortune to keep the lead.
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The Copilot Factor
Have you used Copilot yet? Microsoft says they’ve got 150 million monthly active users across their AI tools now. That’s a 50% jump in just one quarter.
- Big companies like PwC and Lloyds Banking Group are buying tens of thousands of seats.
- Small businesses can now jump in for about $21 a user.
- The goal is simple: make AI as standard as the "Save" button.
The Bear Case vs. The Bull Case
If you talk to analysts, they’re mostly bullish, but there’s some grumbling in the back of the room.
The Bulls (The "Buy the Dip" Crowd):
Most Wall Street folks have a price target way above the current price of microsoft stock. We’re talking a consensus around $625. Goldman Sachs recently suggested that Microsoft’s next decade could look as good as its last one. They love the "foundry" approach—where Microsoft provides the plumbing for everyone else's AI apps.
The Bears (The "It’s Too Expensive" Crowd):
The skeptics point to the $80 billion they're planning to spend on AI infrastructure this year alone. That is an eye-watering amount of cash. If companies don't start seeing a massive ROI on those AI features soon, investors might lose patience. Plus, there’s always the risk of a "mega-cap rotation," where big investors move money out of tech and into boring stuff like banks or energy.
Why $477 Matters
Technically speaking, $477 is an interesting spot. It’s well above the 52-week low of $344.79, but it’s definitely in a "cool down" phase.
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The market is waiting for January 28. That’s when the next earnings report drops. Analysts are expecting an EPS (earnings per share) of about $3.86. If they beat that, $477 will look like a bargain. If they miss, or if the "OpenAI drag" is worse than expected, we might see it test lower support levels.
Real-World Impact: What Should You Do?
If you're holding MSFT or thinking about it, don't just stare at the daily ticker. The current price of microsoft stock is a snapshot, not the whole movie.
- Watch the Capex: Keep an eye on how much they spend on those "Fairwater" data centers. High spending is fine if revenue follows.
- Look at the Margins: Cloud margins dipped slightly to 68% recently because of AI costs. If that keeps dropping, it's a red flag.
- The January 28 Earnings: This is the big one. Mark your calendar for after the market closes.
- Dividends: Don't forget they still pay a dividend (yield is around 0.76%). It’s not much, but it’s been growing for 19 years straight.
The bottom line? Microsoft is a titan in transition. It’s trying to rebuild itself around a technology that didn't really exist three years ago. That kind of change is never a straight line up.
Check the latest filings on the Microsoft Investor Relations page if you want the raw numbers. Otherwise, keep an eye on that $480 resistance level—if it breaks above that with volume, the path to $500 looks a lot clearer.