Since the end of October, companies returning relatively large amounts of cash to shareholders through dividends and buybacks have seen their stocks outperform others.
ORCL and CRM are Synopsys's competitors in the Application Software industry that possess:
Oracle (ORCL) closed at $219.86 in the latest trading session, marking a -1.34% move from the prior day.
Analysts at Jefferies have highlighted Oracle Corp (NYSE:ORCL, XETRA:ORC)'s favorable risk/reward profile following a recent 32% decline in the company's shares from their September peak. The analysts have a ‘Buy' rating on Oracle and $400 price target, implying upside of 79% from Oracle's share price at their time of writing.
Oracle's stock has come well off its highs, but a Jefferies analyst says concentration and debt concerns are overblown.
Oracle Corp bonds have taken a hit in recent days following a report that the cloud and artificial intelligence service provider plans to add another $38 billion to its heavy debt load to fund its AI infrastructure, according to analysts and investors.
Oracle is increasingly relying on debt markets to fund the buildout of its artificial intelligence infrastructure. Investors are growing concerned, pushing the stock down more than 30% from its high in September.
DA Davidson's Gil Luria joins 'Fast Money' to talk the current state of AI as Oracle shares take a hit on valuation concerns.
Oracle (ORCL) reached $236.15 at the closing of the latest trading day, reflecting a -1.94% change compared to its last close.
ORCL's 44.5% YTD surge rides on booming cloud growth, but lofty valuations raise questions on whether it's time to buy or simply hold.
Oracle Corporation is rated a Buy with a $280 price target, suggesting 17% upside driven by AI and cloud momentum. ORCL's cloud revenue surged 28% YoY, fueled by a $300B OpenAI deal and $455B in remaining performance obligations, despite legacy business stagnation. Management projects aggressive cloud infrastructure growth, but execution and conversion risks remain as the company pivots to AI-heavy contracts.
Several companies are racing to claim the coveted $1 trillion market cap, backed by strong fundamentals.