Microsoft's stock has plummeted 23% in Q1 2026, its largest drop since 2008, largely due to slow adoption of its AI-driven Copilot product, which boasts only a 3% user payment rate. Jim Cramer has voiced concerns about the tech giant's strategy and product execution, labeling the stock's pullback as 'ridiculous.' Nevertheless, Wall Street analysts maintain a long-term bullish outlook, with a consensus price target around $592, despite mixed sentiments regarding recent performance.