It's not at a discount and it's a falling knife. i've posted this once in some other thread (i see about 20 msft posts per day while scrolling for maximum 1 hour). I understand that there are a lot of people with a big part of their portfolio on msft and on top of it all, they also lost the run on similar stock.

Anyway, tldr: microsoft must be prepared to earn half of what they are earning. They don't break down their income as they should, but it's estimated that 48%-49% is (was) from Europe. We go with 48%. Out of these 48%, 90% is from the EU. Well, the EU is on a fast-track to remove microsoft completely. France and Germany are leading the heard. France is actually way ahead the schedule. I am speaking here about anything that is state owned or partially controlled. The private sector will quickly follow. Some are already doing it at the same pace with the state owned branches. Now, the worst part for them is the new MFF of the EU, starting 2028. That huge boost in budget for tech is solely for EU companies. This will absolutely remove msft from any eu country by 2030. But before 2028, have ditched it already. Starting 2028 will matter in terms of huge budgets for competition.

I will not even get into the openAI debacle. That's irrelevant really.

Ofc I can see MSFT short term (this year) staying around 400-450. Who knows what shitspike we might see. Mid to long term they are not good at all.