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-0.00072960470984022 -0.00294943229604715 -0.00162952060555089 -0.00318019343986553 -0.000841042893187535 -0.00205004205214474 -0.00205004205214474 -0.00205004205214474
Stock impact report

Goldman Sachs Initiates Coverage on Oracle (ORCL) With Buy Rating and $240 Target, [Yahoo! Finance]

Oracle Corporation (ORCL) 
Last oracle corporation earnings: 3/12 04:02 pm Check Earnings Report
Company Research Source: Yahoo! Finance
coverage on the stock with a “Buy” rating and a set a price target of $240. Firm analysts are bullish on Oracle's compute advantage, anticipating gross profit acceleration. Borges noted how the firm is positive on Oracle's technology advantage in AI compute workloads and its potential to increase share of new cloud revenue from less than 10% today to an estimated 25% within three years. Analysts question when Oracle's heavy spending will translate into profits, anticipating improved visibility over the next 12 months. In particular, they believe revenue will reaccelerate this year as additional phases of the 1.2GW Abilene data center comes online. Moreover, gross profit will be seen bottoming out before meaningful acceleration. The firm also believes that Oracle is close to peak debt raises, noting that the company should execute its data center build with less than $80 billion in debt raised, broadly in line with guidance. "For Oracle to be an investment rather than a trade, Show less Read more
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