Added to YB: 2024-06-13
Pitch date: 2024-06-12
ORCL [bullish]
Oracle Corporation
+76.2%
current return
Author Info
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Company Info
Oracle Corporation offers products and services that address enterprise information technology environments worldwide.
Market Cap
$697.4B
Pitch Price
$138.58
Price Target
N/A
Dividend
0.81%
Sector
Software
Category
growth
Oracle Corporation - $ORCL
ORCL Q4: Cloud rev +20.5% YoY, RPO +44% to $98B on huge AI/cloud demand. 30+ AI deals worth $12B+. OCI seen as faster, cheaper, more secure vs rivals. Cloud margins expanding. FY25 guidance: double-digit rev growth, cloud infra +50%+. Partnering MSFT, GOOG for hybrid cloud. Appealing for cost, flexibility, security. Debt high but cash flow to improve. Raising portfolio allocation from 2% to 3% on strong results.
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