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's recent financial update suggests that it is on track to deliver more upside over the next five years.
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 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’s Azure-OCI interconnect and Database@Azure let OpenAI run Oracle databases and GPU compute seamlessly with Azure.
Amazon's $38 billion investment in OpenAI marks a significant step in AI development, offering extensive cloud resources to ...
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 ...
INTU serves as Oracle's counterpart in the Application Software sector, which possesses: 1) A lower valuation (P/OpInc) in ...
Oracle stock reversed Thursday's gains as investors weighted its aggressive revenue and gross margin forecasts.
Oracle has put forth a bullish forecast for its future, projecting that its Cloud Infrastructure revenue will soar to $166 billion by 2030.
Wall Street analysts are big fans of Oracle ( ORCL 0.91%). Across the 43 analysts that currently cover the stock, most of the ...
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 ...
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