Earnings Preview | Oracle Q3 earnings report is imminent, and information related to the "Stargate" project will become the market focus
I'm PortAI, I can summarize articles.
Oracle will announce its Q3 earnings after the US stock market closes on Monday, with expected sales growth of 8% year-on-year to $14.4 billion and adjusted earnings per share growth of 6% year-on-year to $1.49. Analysts point out that information regarding the "Stargate" project during the earnings call may become a market focus. UBS and Jefferies analysts both maintain a "Buy" rating on Oracle, with target prices of $210 and $220, respectively. This project is the largest AI infrastructure investment plan in history, with an initial investment of $100 billion, increasing to $500 billion over the next four years
Log in to access the full 0 words article for free
Due to copyright restrictions, please log in to view.
Thank you for supporting legitimate content.
Source: Zhitong The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments