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Investing.com - BMO Capital has reiterated its Outperform rating on Oracle (NYSE:ORCL) while maintaining its $355.00 price target. The stock, currently trading at $313, has delivered an impressive 144% return over the past six months, with InvestingPro data showing strong momentum scores.
The firm noted that Oracle recently provided its fiscal year 2030 revenue and earnings per share targets, which BMO believes exceeded investor expectations, though the company’s fiscal year 2028 EPS target fell below consensus estimates. The company has demonstrated solid growth fundamentals, with revenue reaching $59 billion in the last twelve months and growing at nearly 10%.
BMO highlighted that Oracle stands out among its coverage universe as one of the few companies offering long-term guidance to investors.
The research firm acknowledged that investors may need time to process the various components affecting Oracle’s long-term growth potential and margin outlook.
BMO maintains its positive stance on Oracle, stating the company remains well-positioned to leverage its combination of applications, data platform, and Oracle Cloud Infrastructure (OCI)/cloud offerings.
In other recent news, Oracle has announced ambitious long-term financial targets, projecting $225 billion in revenue and $21 earnings per share by fiscal year 2030. These projections were shared during Oracle’s 2025 Analyst Day in Las Vegas, reflecting the company’s confidence in scaling its Oracle Cloud Infrastructure (OCI) business. Analyst firms have responded positively, with Stephens raising its price target on Oracle to $331 from $208, while maintaining an Equal Weight rating. Piper Sandler also increased its price target to $380 from $330, citing the updated long-term targets revealed at the analyst day.
KeyBanc reiterated its Overweight rating and a $350 price target, highlighting Oracle’s robust cloud infrastructure growth and ambitious financial targets. The firm noted the profitability of a 1 GW AI data center project, which stands at approximately 35%, exceeding their estimates. Cantor Fitzgerald maintained its Overweight rating and a $400 price target, expressing increased confidence in Oracle’s AI strategy. They emphasized Oracle’s unique position as an end-to-end platform for AI services, which includes infrastructure, database, and applications. These developments underscore Oracle’s strategic focus on cloud and AI technologies.
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