Michael Burry's MSFT Long Bet Lifts Shares 4% as Analysts Stay Bullish
On June 26, Microsoft shares rose 4.09% after Michael Burry disclosed a long position in December 2028 LEAP calls struck in the low $700s. This follows Stifel's June 23-24 Hold rating and $415 target on Project Kilby execution risks, with first power not expected before 2028. Wall Street's broader view remains strongly positive, with an average recommendation of 1.26 from 50 firms (42 Strong Buy) and consensus targets near $562, despite Zacks Rank #3 (Hold).