There is an option now in https://portal.azure.com/ You need to log in with your Azure credentials. Browse -> Virtual Machines -> Select Your Virtual Machine -> Select Setting on top -> Password Reset
https://portal.azure.com/# > on left, "Virtual machines" and not Virtual machines (classic) > line with your VM > Reset password at bottom of middle column, under SUPPORT + TROUBLESHOOTING > Eureka!
There is an option now in https://portal.azure.com/ You need to log in with your Azure credentials. Browse -> Virtual Machines -> Select Your Virtual Machine -> Select Setting on top -> Password Reset
https://portal.azure.com/# > on left, "Virtual machines" and not Virtual machines (classic) > line with your VM > Reset password at bottom of middle column, under SUPPORT + TROUBLESHOOTING > Eureka!
Takes a minute or so.
Actually you can with PowerShell's help. For more details read "Microsoft Azure Virtual Machines: Reset Forgotten Admin Passwords with Windows PowerShell".
There is no way to do this now, but you can get the data off of the drive if you need to. Please see the Microsoft answer here: http://social.msdn.microsoft.com/Forums/nb-NO/WAVirtualMachinesVirtualNetwork/thread/92a55a09-19c9-4731-b7a6-2b1a9ea909f7