tl;dr
Microsoft (NASDAQ:MSFT [https://email-st.seekingalpha.com/click/34027244.85370/aHR0cHM6Ly9zZWVraW5nYWxwaGEuY29tL3N5bWJvbC9NU0ZUP3V0bV9zb3VyY2U9c2Vla2luZ19hbHBoYSZ1dG1fY2FtcGFpZ249cnRhLXN0b2NrLW5ld3MmbWVzc2FnZWlkPTI5MDAmbWFpbGluZ2lkPTM0MDI3MjQ0JnNlcmlhbD0zNDAyNzI0NC44NTM3MCZ1dG1fdGVybT0zNDAyNzI0NC44N...
Microsoft (NASDAQ:MSFT) expanded access this week to its artificial intelligence chatbot Copilot, which earned a mark of Incremental Positive from Citi in a note released Wednesday.
The Copilot subscription plan, offered to individuals and small businesses, now starts at $20 per month for individuals and $30 per month per user for the commercial plans. Citi said a 5% adoption rate by its 77M customers using Microsoft 365 could add $925M in revenue by fiscal year 2025, with an adoption rate of 15% adding $2.7B in sales. Copilot Pro, bringing Copilot AI capabilities to Microsoft 365 Personal and Family subscribers, is intended to assist writers, programmers, creators, and designers. Microsoft also announced the general availability of its Copilot app for iOS and Android phones.
Microsoft's full embrace of AI could result in a nearly 12% jump in annual sales by 2025, as projected by Citi. This strategic move may significantly impact market sentiment and, ultimately, stock performance for MSFT. If the AI chatbot adoption rates meet Citi's forecasts, the potential revenue gains would mark a substantial milestone for Microsoft.
More about Microsoft Corporation
Microsoft Corporation is a leading American multinational technology company with a market capitalization of $2.9 trillion. The stock is currently trading at $412.71, with a 10.3% year-to-date return and a 0.272 dividend yield. The company's financial metrics indicate strong performance and stability. The stock has shown bullish trends, with a Relative Strength Index (RSI) of 29.35, indicating a potential buying opportunity. However, it is important to consider potential risks and uncertainties in the market sentiment, as past performance is not always indicative of future results.
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