Added to YB: 2024-06-18
Pitch date: 2024-06-16
ORCL [neutral]
Oracle Corporation
-0.33%
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
$416.5B
Pitch Price
$134.91
Price Target
160.00 (+19%)
Dividend
1.46%
EV/EBITDA
14.67
P/E
21.54
EV/Sales
7.72
Sector
Software
Category
growth
Oracle Corporation – Its cloud computing edge is finally materializing
ORCL: Q4 EPS & rev miss but cloud rev +20%, OCI +42%. AI boom: 30 deals worth $12B RPO, OpenAI a customer. Op margin 47%, +300bps YoY. EPS $1.63 (-2% tax hit). FCF $11.8B, debt -$10B. Targets conservative, sees accelerating growth each Q in FY25. Trades at 22x P/E, 7% discount to sector. $160 PT, 7.7% return. Hold on valuation.
Read full article (9 min)