Microsoft Stock Dropped 30% From Its All-Time High: 2 Reasons It Could Double by 2030

Microsoft's stock has lagged the S&P 500 over three years but shows signs of recovery following strong earnings. J.P. Morgan raised its 2027 price target to $625, citing two key growth drivers: Azure's 43% year-over-year revenue growth and Copilot's expansion from 30 million to potentially 60-90 million paid seats, which could generate $41 billion in additional revenue. The company's controlled AI spending and competitive advantages position it for potential doubling by 2030.