Bar chart of Microsoft stock moves the session after each of its last 8 earnings reports, October 2024 to July 2026, from a 10.0% drop in January 2026 to a 15.5% gain in July 2026

Microsoft stock has moved an average of 7.0% either way in the session after each of its last 8 earnings reports.

Microsoft reports again Wednesday after the close.

The stock rose after 3 of those 8 reports and fell after the other 5.

Its biggest move was a 15.5% jump after its July 2026 report.

Its worst was a 10.0% drop after its January 2026 report.

Microsoft closed Friday at $524.51.

Here is how the stock moved the session after each report.

  • October 2024 -6.1%

  • January 2025 -6.2%

  • April 2025 +7.6%

  • July 2025 +3.9%

  • October 2025 -2.9%

  • January 2026 -10.0%

  • April 2026 -3.9%

  • July 2026 +15.5%

Microsoft and Alphabet both report Wednesday, two of the 10 big names on this week's earnings calendar.

The last two reports sent the stock down 3.9% and then up 15.5%, so Wednesday night is no time to expect a quiet Microsoft.

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Phil Rosen
Phil Rosen

Phil Rosen is co-founder and CEO of Opening Bell Media and chief market strategist for Silvia Inc. (NASDAQ: SVIA). He hosts Full Signal and writes Opening Bell Daily — the markets briefing read by over 200,000 investors and published on Bloomberg Terminals — and has also published two books and won a Fulbright award for his reporting. Contact him at [email protected].