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Microsoft shares near $530 as next earnings on Oct. 28 draws focus

The stock is within 5% of its 52-week high of $553.72, after gaining about 37% in the third quarter of 2026.

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Microsoft shares were trading around $530, putting the stock within 5% of its 52-week high of $553.72, according to MarketBeat Ratings.

The outlet attributes the rebound to a strong Q4 earnings beat and subsequent analyst upgrades, saying the easy part of the rally may be over as investors look ahead to the next earnings report expected on Oct. 28.

MarketBeat Ratings also notes the stock is heading into a period where expectations are higher than they were three months earlier, after Microsoft gained about 37% in the third quarter of 2026, its best quarterly performance since 1998.

The piece frames the upcoming earnings as a test for investor behavior, describing how investors may be tempted to sell after positions move back to breakeven, even as the fundamentals have supported the rally.

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