Citi Raises Microsoft Copilot Adoption Forecast to +8M M365 Users on Wednesday

MSFT2.76%
According to Citi analysts, on Wednesday the bank raised its expectations for Microsoft's Copilot adoption, citing stronger momentum and improving customer feedback. The analysts now expect M365 Copilot net additions of +8 million versus +5 million in the prior quarter, with improving foundation expected to drive accelerating revenue and earnings growth through fiscal 2030. Based on industry checks, Citi said it picked up notably stronger Copilot adoption momentum and improving feedback from customers. Microsoft shares rose more than 3% on Wednesday following the report.
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