Analysts generally like what they heard from Oracle, but shares are down
I'm PortAI, I can summarize articles.
Analysts are generally positive about Oracle's outlook following the AI World conference, where the company announced potential 35% margins on cloud infrastructure and a $166 billion revenue forecast by 2030. UBS raised its price target for Oracle shares to $380, citing undervaluation. However, shares fell over 7% due to concerns about Oracle's significant capex plans and high cash burn related to AI infrastructure deals. Despite a strong performance this year, investors are cautious about financing options for expansion, marking a shift in how the AI trade is evaluated.
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: Sherwoodnews 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