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Even more interesting is that Friday’s announcement could include a surprise for fans of Sony’s (SONY) PlayStation 5. The latest rumor claims that Xbox intends to announce a Halo game for the rival video game console. This would mark the first release of the Halo game on a PlayStation console.
Just a few years ago the idea of a Halo game on a PlayStation console would have been absurd. However, Microsoft’s Xbox strategy has changed over the years as it embraces multiconsole releases and its Game Pass subscription service. It has adopted a stance that everything can be an Xbox, even its own rivals’ game consoles. Even so, the latest leak rumor suggests that Nintendo’s (NTDOF) Switch 2 won’t get the new Halo game.
Microsoft Stock Movement Today
Microsoft stock was up 0.26% on Thursday, extending a 24.52% rally year-to-date. The shares have also increased 22.56% over the past 12 months. Investors will note that these gains have less to do with Xbox, and more to do with the company’s AI business, which has benefited from the 2025 boom.
Is Microsoft Stock a Buy, Sell, or Hold?
Turning to Wall Street, the analysts’ consensus rating for Microsoft is Strong Buy, based on 34 Buy ratings over the past three months. With that comes an average MSFT stock price target of $627.98, representing a potential 20.19% upside for the shares.
