Microsoft's (MSFT, Financial) Bethesda has officially announced plans to remake the classic 2006 video game, "The Elder Scrolls IV: Oblivion." This news was confirmed amidst growing anticipation among fans of the iconic role-playing series.
Further insights into the project will be shared during a live presentation scheduled for Tuesday at 11:00 am EST. Enthusiasts are particularly eager to learn more about the remake, especially with speculation suggesting that it could be available on Xbox Game Pass as early as this week.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 49 analysts, the average target price for Microsoft Corp (MSFT, Financial) is $492.36 with a high estimate of $650.00 and a low estimate of $423.00. The average target implies an upside of 37.85% from the current price of $357.18. More detailed estimate data can be found on the Microsoft Corp (MSFT) Forecast page.
Based on the consensus recommendation from 60 brokerage firms, Microsoft Corp's (MSFT, Financial) average brokerage recommendation is currently 1.8, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Microsoft Corp (MSFT, Financial) in one year is $497.03, suggesting a upside of 39.15% from the current price of $357.1795. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Microsoft Corp (MSFT) Summary page.
