Citigroup stays neutral on Oracle Corporation (ORCL) amid the company's impressive cloud revenue and earnings per share growth. With new strategic insights, the company is at the center of investor attention. Oracle's investment strategy in Morocco reveals an expansion of their R&D Capabilities, which could potentially make them a more attractive investment option. However, they have faced some underperformance compared to competitors. The company has a strong backing from institutional investors, owning approximately 44% of the company. Despite having some inconsistent trading days, the company's share price has seen a strong return of 131% over the past five years. On the flip side, the revenue miss and slower cloud growth pulled down ORCL stock, counterbalanced slightly by the announced dividend payout of $0.40. CEO Safra Catz sold a significant number of shares recently, raising eyebrows among market watchers. Despite optimism related to strong AI demand helping Oracle's transformation into a true cloud company, concerns about cloud growth were reflected in a recent stock slump. Oracle closes with a robust performance in the cloud computing business and is set to invest more than $8B in Cloud Computing & AI, indicating a promising future.
Oracle Corp ORCL News Analytics from Mon, 04 Dec 2023 08:00:00 GMT to Sun, 12 May 2024 19:26:00 GMT -
Rating 7
- Innovation 8
- Information 6
- Rumor -4
