Microsoft (NASDAQ:MSFT) closed at a record $543.45 on Oct. 13, and it hasn’t moved far since. Shares trade near $530 as of this writing, about 2% off the high. Microsoft posts results for the fiscal first quarter of 2027 (the three months ended Sept. 30, 2026) after the market closes on Wednesday, Oct. 28.

The company has earned a good chunk of that climb. Microsoft’s adjusted earnings per share jumped 22% for fiscal 2026, which ended June 30.

Missed AI’s “Act 1”? Act 2 Could Be 14x Bigger. Most investors think they missed the AI boat because they didn’t buy Nvidia in 2005. But according to our analysts, we’re only at the end of “Act 1″—the R&D phase. “Act 2” is the global rollout. Continue »