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Microsoft Stock Is on Track to Trail the S&P 500 for a 3rd Straight Year. History Says What Happened After Its Last 2 Streaks.

The software giant's past two lagging streaks ended very differently. Which one does this one look like?

Microsoft Stock Is on Track to Trail the S&P 500 for a 3rd Straight Year. History Says What Happened After Its Last 2 Streaks.

Published October 7, 2026 · Category: Finance

Overview

Microsoft (NASDAQ:MSFT) has made money for shareholders in both of the past two years. It just hasn't kept up with the market. Including reinvested dividends, the shares gained around 13% in 2024 and about 16% in 2025. The S&P 500 (SNPINDEX:^GSPC) returned about 25% and 18% on the same basis.

This year looks similar so far. Shares trade near $525 as of this writing, for a 2026 total return of about 9%, versus about 15% for the index. And that's even after the stock gained almost 50% from its late-June close of about $353.

Details

If Microsoft finishes 2026 behind, it'd be a third straight year of trailing the index. It's happened just twice since the software giant went public in 1986 -- from 2003 through 2005, and from 2010 through 2012.

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Source

Originally published at www.fool.com.

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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.