핵심요약

• 2026년 3분기 매출액 $82.89억 달러, 전년 대비 18% 성장
• Azure 성장률 40%, AI 비즈니스 연간 수익률 $37억 달러 (+123% YoY)
• 포춘 500 기업 중 65%가 Azure OpenAI 서비스를 사용 중
• 순수익 배당률(P/E) 23배, 1년 목표치 $483.97
• 분석가 95%가 긍정적 평가

도입

마이크로소프트의 2026년 6월 실적은 AI 인프라 투자와 기업용 클라우드 수요가 어떻게 장기적인 성장을 지원하는지 보여줍니다. 투자자들은 단기적인 AI 투자 부담보다 장기적인 수익 가능성에 주목해야 합니다. 특히 Azure와 AI 비즈니스의 급성장이 지속될 수 있는지를 평가하는 것이 중요합니다.

본문 1: Azure와 AI 비즈니스의 성장 동력 분석

Azure의 40% 성장률과 AI 비즈니스의 $37억 달러 수익률은 마이크로소프트의 AI 전략이 기업 고객층에 어떻게 확산되고 있는지를 보여줍니다. 특히 포춘 500 기업 중 65%가 Azure OpenAI 서비스를 사용 중인 것은, 마이크로소프트가 기업용 AI 솔루션 시장에서 선두적인 위치를 확보하고 있음을 의미합니다. 이는 2020년대 후반에도 지속적인 수익 성장을 기대할 수 있는 핵심 요인입니다.

본문 2: AI 투자 부담과 단기적 리스크

AI 인프라에 대한 대규모 투자($30.88억 달러, 전년 대비 84% 증가)는 단기적으로 자유현금흐름을 압박하고 있습니다. 특히 More Personal Computing 세그먼트의 1% 하락은 소비자 시장 수요의 변동성을 반영합니다. 그러나 이러한 투자 부담은 장기적인 AI 플랫폼 구축을 위한 필수적 비용으로 해석될 수 있습니다. 투자자들은 단기적인 현금흐름 압박보다 AI 생태계 구축의 장기적 가치를 평가해야 합니다.

본문 3: 장기적 전망과 투자 포인트

마이크로소프트의 AI와 클라우드 비즈니스는 2030년까지도 지속적인 성장을 예상할 수 있습니다. 특히 Azure의 기업용 AI 솔루션 수요는 글로벌 기업들의 디지털 전환 요구가 지속되는 한 안정적일 것으로 보입니다. 다만, AI 경쟁사의 대응과 기술 표준의 변화는 지속적인 모니터링이 필요합니다.

결론

마이크로소프트의 AI와 클라우드 비즈니스는 장기적인 성장 동력이지만, 단기적인 투자 부담은 고려해야 할 리스크입니다. 투자자들은 AI 생태계 구축의 장기적 가치를 평가하면서도, 자유현금흐름의 회복 속도에 주목해야 합니다. 향후 Azure와 AI 비즈니스의 수익화 속도가 주요 관찰 포인트가 될 것입니다.

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원문 링크: https://247wallst.com/investing/2026/06/24/3-no-brainer-stocks-to-buy-in-june-and-hold-forever/?.tsrc=rss

3 No-Brainer Stocks to Buy in June and Hold Forever

Mid-year 2026 is a stress test for long-term conviction. The S&P’s mega-cap leaders have diverged sharply this year, with Microsoft giving back gains as AI capex skeptics resurface, Visa drifting on litigation noise, and Apple riding the iPhone 17 cycle. For investors thinking in decades rather than quarters, that divergence is the opportunity. The three names below share the only trait that matters for compounding: durable moats, fortress balance sheets, and capital return programs that turn time into the investor’s ally.

The case here is owning the businesses through cycles, with no pretense of timing a lump-sum entry.

Microsoft ( NASDAQ:MSFT | MSFT Price Prediction ) trades at $373.20 after a brutal first half, down 22% year-to-date. The drawdown reflects AI capex anxiety, not deteriorating fundamentals. Q3 FY26 results filed April 29, 2026 showed EPS of $4.27 against a $4.07 consensus, the fourth straight quarter meeting expectations, on revenue of $82.89 billion, up 18% year-over-year.

The AI engine is real. Azure grew 40%, the AI business hit a $37 billion annual run rate (up 123% year-over-year), and commercial remaining performance obligations climbed to $627 billion. CEO Satya Nadella framed the moment plainly: “Our AI business surpassed an annual revenue run rate of $37 billion, up 123% year-over-year.” Roughly 65% of Fortune 500 companies now use Azure OpenAI services, anchoring the enterprise franchise for the next decade.

Forward P/E sits at roughly 23, with a base-case 1-year target of $483.97 and Wall Street’s mean target at $561.39, supported by 95% bullish analyst consensus with zero sell ratings.

The risk: capex reached $30.88 billion in the quarter, up 84% year-over-year, compressing free cash flow until AI monetization fully scales. The More Personal Computing segment also declined 1%. For long-duration holders, that is the price of building the next compute platform.

Visa ( NYSE:V ) is the toll booth on global commerce. The stock closed at $330.36, off 6% year-to-date, but the fundamentals tell a different story. Q1 FY26 delivered non-GAAP EPS of $3.17 against a $3.14 consensus on revenue of $10.90 billion, up 15%. Processed transactions hit 69.4 billion, cross-border ex-intra-Europe volume grew 11%, and data processing revenue jumped 17%.

Visa processes over 200 billion transactions annually and operates a near-duopoly with massive switching costs. CEO Ryan McInerney called it a “payments hyperscaler” in the Q1 call, and the capital return engine confirms the model: Visa repurchased about 11 million shares at an average of $342.13 with $21.1 billion still authorized, and declared a $0.670 quarterly dividend. The company has raised its dividend for 15-plus consecutive years.

Forward earnings imply a P/E near 28, with analyst consensus at 92% bullish and a target of $398.83. Earnings growth ran 36% year-over-year, and beta of 0.77 makes Visa a lower-volatility compounder.

The risk: Q1 carried a $707 million interchange MDL litigation provision, the latest in a recurring series. Regulatory scrutiny on interchange and competition from stablecoins and fintech rails remain structural overhangs, though neither has bent the volume curve yet.

Apple ( NASDAQ:AAPL ) trades at $295.28, up 8% year-to-date and 47% over the past year. The iPhone 17 super-cycle is doing exactly what bulls predicted. Q2 FY26 revenue hit $111.18 billion, up 17%, with EPS of $2.01 against a $1.94 estimate, the eighth consecutive quarterly beat.

iPhone revenue printed a March-quarter record at $56.99 billion, Services hit an all-time high of $30.98 billion, and every geographic segment grew double digits. Tim Cook described it as the “best March quarter ever” driven by “extraordinary demand for the iPhone 17 lineup.” The installed base now exceeds 2.5 billion active devices, the high-margin Services flywheel that anchors the long-term thesis.

Capital return remains aggressive: management authorized a fresh $100 billion buyback and raised the dividend 4% to $0.27 per share. Apple generates over $100 billion in annual free cash flow and remained Berkshire Hathaway’s largest holding at 22% of the Q1 2026 portfolio per the 13F filed May 15, 2026.

The risk: at a P/E near 39, Apple is the most expensive of the three on trailing earnings, and the iPhone still accounts for roughly half of revenue. Tariff and component-concentration risk in China remains an unresolved variable, even as Greater China revenue reaccelerated to $25.53 billion.

Three earnings cycles before year-end will tell investors whether the compounding thesis is intact: Microsoft’s Q4 print should clarify AI capex returns; Visa’s next quarter will test cross-border resilience as consumer spending normalizes; Apple’s September event and holiday quarter will determine how much of the iPhone 17 cycle has been pulled forward. The investing edge comes from owning the names through those windows, not trading around them.

Source: https://247wallst.com/investing/2026/06/24/3-no-brainer-stocks-to-buy-in-june-and-hold-forever/?.tsrc=rss