Microsoft (NASDAQ:MSFT) is gearing up to announce its quarterly earnings on Wednesday, 2026-01-28. Here’s a quick overview of what investors should know before the release.
Analysts are estimating that Microsoft will report an earnings per share (EPS) of $3.86.
The announcement from Microsoft is eagerly anticipated, with investors seeking news of surpassing estimates and favorable guidance for the next quarter.
It’s worth noting for new investors that guidance can be a key determinant of stock price movements.
Performance in Previous Earnings
During the last quarter, the company reported an EPS beat by $0.47, leading to a 2.92% drop in the share price on the subsequent day.
Here’s a look at Microsoft’s past performance and the resulting price change:
| Quarter | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 |
|---|---|---|---|---|
| EPS Estimate | 3.66 | 3.37 | 3.22 | 3.10 |
| EPS Actual | 4.13 | 3.65 | 3.46 | 3.23 |
| Price Change % | -3.00 | 4.00 | 8.00 | -6.00 |

Microsoft Share Price Analysis
Shares of Microsoft were trading at $470.28 as of January 26. Over the last 52-week period, shares are up 6.32%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.
Analyst Views on Microsoft
For investors, grasping market sentiments and expectations in the industry is vital. This analysis explores the latest insights regarding Microsoft.
Microsoft has received a total of 21 ratings from analysts, with the consensus rating as Outperform. With an average one-year price target of $621.0, …