As Cloud Revenue Soars, Is It Time to Buy Microsoft Stock?

Microsoft delivered strong quarterly results driven by cloud computing growth and Copilot adoption. Azure revenue surged 43% year-over-year with $678 billion in future commitments, while total revenue rose 18% to $90 billion. Despite the stock's recent 3% pop, it remains down year-to-date. The company projects 16% revenue growth for fiscal 2027 Q1 and trades at an attractive forward P/E ratio below 23.5, suggesting solid upside potential.