Added to YB: 2024-03-15
Pitch date: 2024-03-12
ORCL [bullish]
Oracle Corporation
+15.08%
current return
Author Info
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Company Info
Oracle Corporation offers products and services that build, run and support enterprise information technology frameworks worldwide.
Market Cap
$404.0B
Pitch Price
$124.93
Price Target
150.00 (+4%)
Dividend
1.43%
EV/EBITDA
16.37
P/E
24.06
EV/Sales
8.09
Sector
Software
Category
growth
Show full summary:
$ORCL's Upside Surprise: Guggenheim's Bullish Outlook and Target Price
ORCL: Guggenheim's 'Best Idea' with $150 PT. OCI surprise upside, organic Cloud low-end but buy-side okay. New ARR growth accelerated for IaaS (24%) & Cloud (28%) in tough macro. SaaS pressure offset by superior OCI price/performance. Strategy change to large deals not yet seen, more to come with 100%+ bookings growth YoY.
Read full article (2 min)