Oracle Corporation (ORCL) has experienced recent growth thanks to a surge in the demand for
cloud infrastructure, a boom in
Artificial Intelligence (AI), as well as successful
international sales. The future of Oracle is interesting amidst Larry Ellison's prediction that Oracle will operate around
1,000 data centers, a significant leap from their existing 162. The stock has caught the attention of billionaires such as
David Tepper, being touted as one of top stock picks heading into 2025, and has become a preferred choice for
hedge funds. Analysts highlight Oracle as a strong investment considering their recent fiscal earnings, highlighting them as an undervalued AI stock. The company's
second quarter fiscal results for 2025 showed notable cloud infrastructure growth with strategic investments, whilst attracting investor attention with Q2 earnings smashing expectations. Notwithstanding, some analysts have concerns about the company's recent performance. Bernstein reaffirms their 'buy' rating, setting their price target at $202 whereas Monness Crespi & Hardt downgraded them to 'sell'. Oracle's future in cloud computing is highlighted with their partnership expansion with Microsoft, aimed at enhancing cloud integration and database services across Azure.
Oracle Corp ORCL News Analytics from Thu, 22 Aug 2024 07:00:00 GMT to Sat, 21 Dec 2024 09:31:36 GMT -
Rating 5
- Innovation 4
- Information 7
- Rumor 6
