Added to YB: 2024-03-15
Pitch date: 2024-03-12
ORCL [bullish]
Oracle Corporation
+51.14%
current return
Author Info
No bio for this author
Upgrade to Yellowbrick Premium to unlock investor returns. Upgrade to Yellowbrick Premium
Company Info
Oracle Corporation offers products and services that address enterprise information technology environments worldwide.
Market Cap
$635.8B
Pitch Price
$125.69
Price Target
150.00 (-21%)
Dividend
0.90%
EV/EBITDA
26.42
P/E
41.87
EV/Sales
12.13
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)