Foxconn taps Microsoft Azure for smart EV manufacturing

  • Apple assembler Foxconn/Hon Hai (OTCPK:HNHAF) will use Microsoft 's (NASDAQ:MSFT) Azure AI and databases, ESG governance technologies, and 365 products to create a hybrid workplace and enhance its electric vehicle ecosystem.
  • The digital transformation is meant to help Foxconn adapt to quickly changing demand, which is a common goal after the pandemic's supply chain disruptions.

    Fundamentals Microsoft

    For this year the company from Redmond could earn a total revenue around 164.21 billion USD. This is according to the average of the analysts' estimates. This is hugely more than 2020's revenue of 143.02 billion USD.

    Historical revenues and results Microsoft plus estimates 2020

    aandelenanalyse

    The analysts expect for 2021 a net profit of 56.33 billion USD. According to most of the analysts the company will have a profit per share for this book year of 7.4 USD. Based on this the price/earnings-ratio is 31.3.

    For this year the analysts expect a dividend of 2.2 USD per share. Microsoft 's dividend yield thus equals 0.95 percent. The average dividend yield of the software & services companies is a poor 0.5 percent.

    Newest target prices around 268 USD

    UBS , Wedbush Morgan Securities and Oppenheimer & Co recently provided recommendations for the stock.

    Microsoft 's market value equals around 1770.12 billion . The Microsoft stock was the past 12 months quite volatile. Since last March the stock is even 45 percent higher. This year the stock price moved between 133 and 246 dollar.

    Historical stock prices Microsoft from 2007 till 2021

    stock microsoft

    Click here for dividend Microsoft. At 19.30 the stock trades 0.34 percent lower at 231.6 USD.

    Analist.nl Nieuwsdienst: +31 084-0032-842
    nieuws@analist.nl

    Copyright analist.nl B.V.
    All rights reserved. Any redistribution, duplication or archiving prohibited. Analist.nl doesn't warrant the accuracy of any News Content provided and shall not be liable for any errors, inaccuracies or for any actions taken in reliance thereon.