Oracle share on record course: strong sales and new cloud partnerships!

Oracle share on record course: strong sales and new cloud partnerships!

In the world of technology, it hardly stalls good news, and Oracle Corporation (NYSE: ORCL) is no exception. After a strong quarterly report, the mood on Wall Street has attracted considerably. Loud daily chhattisgarh Buy ”rated. Of a total of thirty -thirty -thirty companies, twenty -one give a purchase recommendation, two even recommend a strong buy, while ten recommend the stop position. The share price currently opened at $ 205.06, close to the one -year high of $ 216.60.

This positive sentiment has been nourished primarily by the recent results of June 11th. Oracle announced a profit of $ 1.70 per share (consensus estimate: $ 1.64) and sales of $ 15.90 billion (consensus assessment: $ 15.58 billion). This corresponds to sales growth of 11.3% compared to the previous year. Analysts have also raised the price goals: Westpark Capital sees the share at $ 246.00, BMO Capital Markets at $ 235.00, and Citigroup and Evercore ISI have confirmed their positive assessment.

A look at the numbers

The numbers speak for themselves: Oracle has a market capitalization of $ 573.53 billion and a price-profit ratio (P/E) of 47.25. The dividend yield is 0.98%, and the latest payment is $ 0.50 per share. The insider behavior is also remarkable; Over 442,000 stocks were sold for more than $ 76.1 million, with insiders belonging to 42.20% of the company. Despite this long -lasting success, analysts also have an eye on the financial risks, in particular the high evaluation and debt of 4.07 in the ratio of debts to equity.

an exciting development is growth in the cloud division. According to MarketBeat , Oracle has recently closed a partnership with Amazon that drives the integration of Oracle into AWS. Oracle opens new doors in the cloud market with an impressive 45%increase in IAAS services. In the same breath, the SaaS division records growth of 10%. This clearly shows that Oracle understood to successfully develop from traditional product lines to cloud -based services.

Future view and further growth

The future looks promising: according to reports from The Motley Fool will even get over 70% in 2026. In addition, Oracle built 162 new data centers in the last financial year or being planned. The forecasts for the coming years are optimistic, with an increase in sales of over 16% in the next financial year. The cloud division, which now makes the largest share of sales from Oracle, will continue to grow with an estimate of over 30% in cloud sales.

With all of these developments, it is clear: Oracle has the right sense of technology trends and is well positioned to continue in cloud racing. In particular, the growth potential that arises from innovative projects and strategic partnerships could raise Oracle to a new level in the coming years.