Oracle (ORCL) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
Oracle (ORCL) reported earnings 30 days ago. What's next for the stock?
Legendary investor Warren Buffett had a 2024 to remember with Berkshire Hathaway Inc BRK BRK reaching the $1 trillion market capitalization milestone for the first time.
Despite a post-earnings slump this month, Oracle stock has rallied 60% in 2024. The post Oracle Stock Wraps Up Best Year Since 1999 Despite Recent Pullback appeared first on Investor's Business Daily.
Warren Buffett's company Berkshire Hathaway (BRK.A 0.80%) (BRK.B 0.95%) has been stockpiling cash all year. At the end of the third quarter of 2024, Berkshire had over $320 billion of cash and short-term Treasury bills.
Larry Ellison's net worth has increased by over $75 billion this year, largely due to Oracle ramping up its position in the artificial intelligence market. The company signed deals with companies including Meta and OpenAI.
Recently, Zacks.com users have been paying close attention to Oracle (ORCL). This makes it worthwhile to examine what the stock has in store.
An analyst downgraded the stock to sell, citing "gen AI hype" and recent uninspiring" results. The post Oracle Downgraded To Sell On 'Surprisingly Uninspiring' Results After AI-Fueled Rally appeared first on Investor's Business Daily.
A big cap rival to Oracle in the supply chain software arena has been on a strong run amid surging earnings. It is eyeing a potential entry.
Evaluate Oracle's (ORCL) reliance on international revenue to better understand the company's financial stability, growth prospects and potential stock price performance.
Oracle's Q2 results missed top- and bottom-line estimates, but strong growth in OCI and SaaS segments suggests the miss is an outlier. The Meta deal and partnerships with major AI players indicate sustained demand for Oracle's Cloud Infrastructure, bolstering long-term growth prospects. Despite recent stock decline, Oracle's valuation is attractive with a forward P/E of 31.94x and a projected FY25 EPS of $6.18, suggesting a 13.6% upside.
Oracle (ORCL -1.10%) share prices have had a strong year on the back of renewed interest due to strength in its cloud infrastructure business. However, the stock was falling following its fiscal 2025 second-quarter results after the company missed analyst estimates and offered tempered guidance.