FINWIRES · TerminalLIVE
FINWIRES

Microsoft Remains Among Market Leaders in Enterprise Software, RBC Says

By

Microsoft (MSFT) continues to be a market leader in enterprise software markets and is positioned to expand its position in the age of artificial intelligence, RBC Capital Markets said in a Thursday note.

The company's Microsoft 265 Copilot service is now inline with Microsoft Outlook, potentially indicating a "key habit-formation signal," the investment firm said. Microsoft is also transitioning to a hybrid seat-plus-consumption model from a per-seat model, which could signal customer predictability RBC added.

RBC also noted Microsoft's stake of about a 27% in OpenAI and the company's several expansion opportunities, according to the report.

RBC has an outperform rating and $640 price target on Microsoft

Price: $418.83, Change: $-0.26, Percent Change: -0.06%

Related Articles

Wire

Zoom Expands Beyond Video Conferencing With AI-Powered Enterprise Tools, RBC Says

Zoom Communications (ZM) continues to expand beyond video conferencing into a "broader enterprise communications and collaboration platform" spanning messaging, calendaring, email and artificial intelligence-powered workflow tools, RBC Capital Markets said in a report emailed Friday.The company delivered fiscal Q1 results above consensus estimates and raised its fiscal 2027 guidance across most metrics, with reported revenue of $1.239 billion, up 5.5% year over year and above consensus estimates of $1.224 billion, while non-GAAP earnings per share came in at $1.55, topping expectations of $1.42.The brokerage said "enterprise fundamentals remain strong," supported by growth in customers contributing more than $100,000 in annual revenue and improving "net dollar expansion" rates. RBC also highlighted continued strength in Zoom's "contact center" business and said AI products are contributing more meaningfully to revenue growth.Zoom's "Custom AI Companion" secured notable customer wins during the quarter, including deployments at Raymond James Financial (RJF) and MongoDB (MDB), while the company's "My Notes" product reached 1.5 million monthly active users within four months of launch, according to the report.RBC raised its price target on Zoom to $130 from $110 while maintaining its outperform rating.Price: $107.94, Change: $+11.19, Percent Change: +11.57%

$MDB$RJF$ZM
Wire

Imperial Petroleum Shares Rise After Q1 Adjusted Earnings, Revenue Increase

Imperial Petroleum (IMPP) shares were up over 7% in Friday trading after it reported Q1 adjusted earnings of $0.61 per share, up from $0.34 a year earlier.Revenue for the quarter ended March 31 was $61.7 million, compared with $32.1 million a year earlier. A single analyst surveyed by FactSet expected $48.1 million.Price: $5.36, Change: $+0.23, Percent Change: +4.46%

$IMPP
Wire

Market Chatter: Meta Platforms Launches Forum App With AI Tools for Facebook Groups

Meta Platforms (META) has quietly launched a standalone app called "Forum" for Facebook Groups, positioning it as a dedicated space for deeper community discussions and engagement similar to Reddit, TechCrunch reported Friday.The app integrates users' existing Facebook Groups, profiles, and activity after login, allows posting under nicknames, and keeps shared content visible within Facebook Groups.Meta said Forum's feeds focus on ongoing group conversations rather than trending content and include an AI-powered "Ask" tab that summarizes answers from group discussions, along with an AI assistant for moderation and administrative support, TechCrunch added.Meta Platforms did not immediately respond to' request for comment.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)Price: $609.67, Change: $+2.29, Percent Change: +0.38%

$META