MSFT
Microsoft Corporation
MSFT has the edge over UI overall, supported by stronger valuation and lower modeled downside.
UI
Ubiquiti Inc.
UI offers stronger fundamentals, but that advantage does not outweigh its weaker overall profile.
MSFT Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Strong | |
| Healthy | |
| Strong |
MSFT's revenue, profitability, cash flow and balance sheet are all currently healthy.
UI Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Strong | |
| Strong | |
| Strong |
UI's revenue, profitability, cash flow and balance sheet are all currently strong.
MSFT PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 25x | $523 | — |
| Cheap | 27x | $525 | +0.4% |
| Current | 27x | $523 | — |
| Fair | 34x | $652 | +25% |
| Expensive | 37x | $711 | +36% |
Historical ranges are pointers, not guarantees.
MSFT has the edge over UI in the historical PE scenario, which offers more potential upside but is not a forecast.
UI PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 27x | $475 | -31% |
| Forward | 34x | $683 | — |
| Fair | 36x | $634 | -7.2% |
| Current | 39x | $683 | — |
| Expensive | 48x | $858 | +26% |
Historical ranges are pointers, not guarantees.
UI's PE is in its fair range at 39x. If earnings grow as analysts expect, today's price would be 34x next year's earnings.
MSFT Forward outlook
| Metric | Outlook |
|---|---|
| Improving | |
| Strong growth | |
| Strong growth | |
| Stable | |
| Moderate | |
| High |
Analysts expect strong earnings and revenue growth for MSFT, with profitability holding steady.
UI Forward outlook
| Metric | Outlook |
|---|---|
| Improving | |
| Strong growth | |
| Strong growth | |
| Improving | |
| Limited | |
| High |
UI has the edge over MSFT on the outlook, with more favorable profitability expectations.
MSFT Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $20.79 | +8.6% |
| Q3 2026 | $19.15 | +36% |
| Q2 2026 | $17.95 | +32% |
| Q1 2026 | $16.80 | +30% |
| Q4 2025 | $15.99 | +29% |
| Q3 2025 | $14.06 | +16% |
| Q2 2025 | $13.64 | +16% |
| Q1 2025 | $12.93 | +12% |
| Q4 2024 | $12.41 | +12% |
MSFT's earnings per share have climbed steadily: $19.15 over the past year, up 36% from the year before, and higher year over year for 14 quarters in a row.
UI Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $20.37 | +15% |
| Q3 2026 | $17.71 | +36% |
| Q2 2026 | $15.85 | +35% |
| Q1 2026 | $15.55 | +71% |
| Q4 2025 | $14.67 | +99% |
| Q3 2025 | $13.07 | +102% |
| Q2 2025 | $11.76 | +103% |
| Q1 2025 | $9.08 | +57% |
| Q4 2024 | $7.36 | +20% |
UI has the edge over MSFT on earnings, with stronger typical year-over-year growth.
MSFT Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $92.3B | +19% |
| Q2 2026 | $90B | +18% |
| Q1 2026 | $82.9B | +18% |
| Q4 2025 | $81.3B | +17% |
| Q3 2025 | $77.7B | +18% |
| Q2 2025 | $76.4B | +18% |
| Q1 2025 | $70.1B | +13% |
| Q4 2024 | $69.6B | +12% |
MSFT's revenue has grown year over year every quarter since late 2020: $92.3B last quarter, up 19% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 50% | +0.9 points |
| Q2 2026 | 45% | +0.2 points |
| Q1 2026 | 46% | +0.7 points |
| Q4 2025 | 47% | +1.6 points |
| Q3 2025 | 49% | +2.3 points |
| Q2 2025 | 45% | +1.8 points |
| Q1 2025 | 46% | +1.1 points |
| Q4 2024 | 45% | +1.9 points |
MSFT has the edge over UI on profitability, with a higher operating margin.
UI Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $1B | +40% |
| Q2 2026 | $937.3M | +23% |
| Q1 2026 | $788.2M | +19% |
| Q4 2025 | $814.9M | +36% |
| Q3 2025 | $733.8M | +33% |
| Q2 2025 | $759.2M | +50% |
| Q1 2025 | $664.2M | +35% |
| Q4 2024 | $599.9M | +29% |
UI has the edge over MSFT on sales, with stronger typical year-over-year growth.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 38% | +2.5 points |
| Q2 2026 | 36% | +1.8 points |
| Q1 2026 | 37% | +2.7 points |
| Q4 2025 | 36% | +6.1 points |
| Q3 2025 | 36% | +4.9 points |
| Q2 2025 | 34% | +7.2 points |
| Q1 2025 | 34% | +12 points |
| Q4 2024 | 30% | +3.8 points |
UI's operating margin was 38% last quarter, up 2.5 points from the same quarter a year ago.
MSFT Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $18.6B | -27% |
| Q2 2026 | $19.6B | -23% |
| Q1 2026 | $15.8B | -22% |
| Q4 2025 | $5.9B | -9.3% |
| Q3 2025 | $25.7B | +33% |
| Q2 2025 | $25.6B | +9.6% |
| Q1 2025 | $20.3B | -3.2% |
| Q4 2024 | $6.5B | -29% |
MSFT's free cash flow has been positive every quarter for seven years: $60B over the past year, down 23% from the year before.
UI Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $312.4M | +62% |
| Q2 2026 | $293.1M | +134% |
| Q1 2026 | $162.2M | +34% |
| Q4 2025 | $260.3M | +73% |
| Q3 2025 | $193.3M | -16% |
| Q2 2025 | $125.2M | -45% |
| Q1 2025 | $120.7M | -25% |
| Q4 2024 | $150.4M | +101% |
UI has the edge over MSFT on cash flow, with more consistent year-over-year improvement.
MSFT Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.1% | -7M shares |
| 1 year | -0.3% | -20M shares |
| 3 years | -0.2% | -16M shares |
| 5 years | -1.6% | -121M shares |
| Available history | -3.2% | -245M shares |
MSFT has the edge over UI on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $4.4B |
| Q2 2026 | $4.6B |
| Q1 2026 | $4.6B |
| Q4 2025 | $7.4B |
| Q3 2025 | $5.7B |
| Q2 2025 | $4.5B |
| Q1 2025 | $4.8B |
| Q4 2024 | $5B |
MSFT spent $21B buying back its own shares over the past year, up 5.2% from the year before.
UI Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | 0% | -6K shares |
| 1 year | 0% | +5K shares |
| 3 years | +0.2% | +113K shares |
| 5 years | -3.2% | -2M shares |
| Available history | -6.9% | -4.5M shares |
UI has 61M diluted shares, about the same as a year ago.
| Quarter | Spent |
|---|---|
| Q3 2026 | $15M |
| Q2 2023 | — |
| Q1 2023 | — |
| Q4 2022 | — |
| Q3 2022 | — |
| Q2 2022 | $105.1M |
| Q1 2022 | $344.7M |
| Q4 2021 | $131.5M |
MSFT Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 0.1x | Very low |
| Q2 2026 | 0.1x | Very low |
MSFT's net debt is less than a year of its operating earnings (EBITDA).
UI Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -0.4x | Net Cash |
| Q2 2026 | -0.4x | Net Cash |
| Q1 2026 | -0.3x | Net Cash |
| Q4 2025 | -0.2x | Net Cash |
| Q3 2025 | 0.1x | Very low |
| Q2 2025 | 0.1x | Very low |
| Q1 2025 | 0.3x | Very low |
| Q4 2024 | 0.4x | Very low |
UI has the edge over MSFT on leverage, with a lower net debt burden relative to earnings.
MSFT Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 62.1 | Neutral |
| Stochastic | 68.0 | Neutral |
MSFT's weekly RSI is 62 (neutral) and its Stochastic is 68 (neutral).
UI Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 57.4 | Neutral |
| Stochastic | 62.6 | Neutral |
UI's weekly RSI is 57 (neutral) and its Stochastic is 63 (neutral).
MSFT PE vs Technology Sector
| Metric | MSFT | Sector median | Relative |
|---|---|---|---|
| PE | 27x | 28x | 2% below |
| PE % | 16 | 35 | 19 pts below |
MSFT has the edge over UI on valuation relative to its sector.
UI PE vs Technology Sector
| Metric | UI | Sector median | Relative |
|---|---|---|---|
| PE | 39x | 28x | 38% above |
| PE % | 60 | 35 | 25 pts above |
UI is trading at 39x earnings, a 38% premium to the Technology sector's median of 28x.
MSFT Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $524.7 | 0.3% below |
| 20 week MA | $484.8 | 7.9% above |
| 50 week MA | $446.9 | 17% above |
| 100 week MA | $453.8 | 15% above |
| 200 week MA | $411.5 | 27% above |
MSFT's trend is up, with a small recent dip: it's below only its 8-week average, and 27% above its 200-week average.
UI Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $608.3 | 12% above |
| 20 week MA | $580.1 | 18% above |
| 50 week MA | $648.1 | 5.4% above |
| 100 week MA | $548.4 | 25% above |
| 200 week MA | $365.8 | 87% above |
UI has the edge over MSFT on trend strength, trading above more of its moving averages.
MSFT Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $159.0 | $222.8 | +40% |
| 2021 | $222.8 | $334.7 | +50% |
| 2022 | $334.7 | $238.7 | -29% |
| 2023 | $238.7 | $376.0 | +58% |
| 2024 | $376.0 | $430.5 | +14% |
| 2025 | $430.5 | $487.7 | +13% |
| 2026 YTD | $487.7 | $523.0 | +7.2% |
MSFT has finished higher in five of the last six years, two of them by more than 50%. It's up 7.2% so far in 2026.
UI Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $189.4 | $273.0 | +44% |
| 2021 | $273.0 | $311.8 | +14% |
| 2022 | $311.8 | $271.6 | -13% |
| 2023 | $271.6 | $139.6 | -49% |
| 2024 | $139.6 | $340.8 | +144% |
| 2025 | $340.8 | $570.7 | +67% |
| 2026 YTD | $570.7 | $683.2 | +20% |
UI has the edge over MSFT on returns for 2026, with the stronger performance.