The company has laid out an aggressive new forecast, with a path to nearly quadrupling revenue by fiscal 2030 and a backlog that has already crossed the $500 billion mark.
Oracle said on Thursday it expects cloud infrastructure revenue to grow to $166 billion in fiscal 2030, which would make up nearly 75% of its total sales by then. Chief Executive Officer Clay Magouyrk ...
Oracle's recent financial update suggests that it is on track to deliver more upside over the next five years.
Oracle’s fair value estimate has held steady, slipping only marginally from $344.07 to $344.04, as analysts factor in modest shifts in risk and growth projections. The recent changes in the discount ...
Oracle Corp. (NYSE:ORCL) is one of the best stocks to buy according to Citadel LLC. On October 20, BMO Capital Markets analyst Keith Bachman reaffirmed his Outperform rating and unchanged price target ...
INTU serves as Oracle's counterpart in the Application Software sector, which possesses: 1) A lower valuation (P/OpInc) in ...
Catz stated, "For fiscal year 2026, we remain confident and committed to full year total revenue growth of 16% in constant currency." She added, "Total revenue are expected to grow from 12% to 14% in ...
Amazon's $38 billion investment in OpenAI marks a significant step in AI development, offering extensive cloud resources to ...
Oracle has put forth a bullish forecast for its future, projecting that its Cloud Infrastructure revenue will soar to $166 billion by 2030.
Oracle stock reversed Thursday's gains as investors weighted its aggressive revenue and gross margin forecasts.
Oracle investors are on cloud nine today as the stock reached record heights. The company’s fourth-quarter earnings results beat expectations yesterday and projected even more gains in cloud ...
“AWS is growing at a pace we haven’t seen since 2022, re-accelerating to 20.2% YoY,” Andy Jassy, the president and CEO of ...