Microsoft Corporation (NASDAQ:MSFT) is one of the Best Quantum Computing Stocks to Buy for 2026. On January 15, Reuters reported that the company agreed with Indigo Carbon to purchase a record 2.85 million soil carbon credits linked to regenerative agriculture in the US, with Microsoft Corporation (NASDAQ:MSFT) aiming to become carbon negative by 2030. This is despite increased emissions associated with AI.
Becoming carbon negative means the company aims to make sure that it facilitates more removals of carbon than the amount its operations emit globally.
While Microsoft Corporation (NASDAQ:MSFT) didn’t disclose the cost of the tie-up, Reuters, citing a person with knowledge of the matter, noted that it falls between $60 and $80 per ton for Indigo Carbon’s credits. This will value the deal at $171 million to $228 million.
Elsewhere, on January 12, Goldman Sachs initiated coverage of Microsoft Corporation (NASDAQ:MSFT)’s stock with a “Buy” rating and a price objective of $655. As per the firm, there are numerous areas of discovery value in the stock associated with AI, where market perception remains more bearish compared to the firm’s assessment of the company’s competitive position.
While we acknowledge the potential of MSFT as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
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Disclosure: None. This article is originally published at Insider Monkey.