#1 - Microsoft (NASDAQ:MSFT)
Microsoft Corporation's (NASDAQ: MSFT) role in esports includes its proprietary Xbox platform and its own Xbox tournaments. The company also acquired Activision Blizzard in 2022, which not only helped position Microsoft in the metaverse but also brought under its control two professional esports competitions, the Overwatch League and Call of Duty League.
Although Microsoft doesn’t break out esports revenue specifically, Xbox content and services revenue appears under the company’s More Personal Computing segment, which is responsible for about 21% of the company’s total revenue.
Microsoft’s exposure to the emerging esports sector shows that it’s a leading technology stock as well as a must-own stock in a buy-and-hold portfolio. The company has delivered a total return of 132.9% in the five years. And if you take that out to 10 years, the total return is over 1,000%. The company also pays a reliable dividend that it has increased for 20 consecutive years.
About Microsoft
Microsoft Corporation develops and supports software, services, devices and solutions worldwide. The Productivity and Business Processes segment offers office, exchange, SharePoint, Microsoft Teams, office 365 Security and Compliance, Microsoft viva, and Microsoft 365 copilot; and office consumer services, such as Microsoft 365 consumer subscriptions, Office licensed on-premises, and other office services.
More about Microsoft- Current Price
- $367.78
- Consensus Rating
- Moderate Buy
- Ratings Breakdown
- 27 Buy Ratings, 4 Hold Ratings, 0 Sell Ratings.
- Consensus Price Target
- $499.97 (35.9% Upside)
