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 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 stock could be a strong contender to capitalize on the current momentum. Why? Because it possesses strong margins, low-debt capital structure, and strong momentum ...
Oracle's recent financial update suggests that it is on track to deliver more upside over the next five years.
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 ...
Interview: Nathan Thomas outlines how Oracle is advancing multicloud and AI strategy through Zettascale GPU clusters, unified ...
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 stock reversed Thursday's gains as investors weighted its aggressive revenue and gross margin forecasts.
“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 ...