Oracle Stock Climbs On $104 Billion FY29 Revenue Forecast: What To Know
Oracle Stock Climbs On $104 Billion FY29 Revenue Forecast: What To Know
Oracle Corp. (NYSE:ORCL) shares are trading higher Friday after the company said annual revenue will rise to at least $104 billion in fiscal year 2029.
甲骨文公司（NYSE:ORCL）股價在週五上漲，因該公司表示，截至2029財年，年度營業收入將至少達到1040億美元。
The Details: According to a Bloomberg report, Executive Vice President Doug Kehring delivered the forecast at Oracle's annual briefing for financial analysts on Thursday. Oracle also raised its revenue outlook for fiscal year 2026 to at least $66 billion, up from the prior target of $65 billion, as the company expands its cloud infrastructure business.
詳情：據彭博社報道，執行副總裁 Doug Kehring 在週四的甲骨文財務分析師年度簡報會上發佈了這一預測。甲骨文還將2026財年的營收展望上調至至少660億美元，高於之前的目標650億美元，因爲該公司正在擴展其雲基礎建設業務。
Collaborations with AWS, Microsoft and Google have boosted Oracle's cloud infrastructure unit, with the segment posting a 45% revenue increase in the latest quarter.
與亞馬遜網絡服務（AWS）、微軟和谷歌的合作推動了甲骨文的雲基礎建設業務，該業務在最新一個季度實現了45%的營業收入增長。
Kehring told analysts at Thursday's event that most database customers have not yet moved to the cloud and that moving on-premise database customers to the cloud will be a major pillar of revenue growth for Oracle.
Kehring 在週四的活動上告訴分析師，大多數數據庫客戶尚未轉向雲端，將現有的數據庫客戶轉移到雲端將成爲甲骨文營業收入增長的一個重要支柱。
Analysts React: Several analysts raised price targets on Oracle's stock following Thursday's briefing:
分析師評論：週四的簡報會後，數位分析師提高了對甲骨文股票的目標價：
- Piper Sandler reiterated its Overweight rating and raised its price target on the stock from $175 to $185.
- Guggenheim analyst John Difucci maintained a Buy rating and raised the price target from $185 to $200.
- Keybanc analyst Jason Ader maintained Oracle with an Overweight and raised the price target from $175 to $190.
- Evercore ISI Group maintained its Outperform rating and raised its price target from $175 to $190.
- 派傑投資重申其對該股票的超配評級，並將目標價從175美元上調至185美元。
- 古根海姆分析師 John Difucci 維持買入評級，並將目標價從185美元上調至200美元。
- Keybanc 分析師 Jason Ader 維持對甲骨文的超配評級，並將目標價從175美元上調至190美元。
- Evercore ISI集團保持了其跑贏大盤的評級，並將其價格目標從175美元上調至190美元。
ORCL Stock Prediction 2024:
ORCL股票預測 2024：
Equity research can be a valuable source of information for learning about a company's fundamentals. Analysts create financial models based on the fundamentals and expected future earnings of a company to arrive at a price target and recommendation for the stock.
股權研究是了解公司基本面的寶貴來源。分析師們基於公司的基本面和預期的未來收益創建財務模型，以得出股票的價格目標和建議。
Shares of Oracle have an average 1-year price target of $169.08, representing an expected upside of 4.77%.
甲骨文的股票有一個平均的1年價格目標爲169.08美元，代表了預期的上漲4.77%。
Because of differences in assumptions, analysts can arrive at very different price targets and recommendations. No analysts have bearish recommendations on Oracle, while 18 analysts have bullish ratings. The street high price target from Guggenheim is $200, while the street low from Morgan Stanley is $125.
由於假設的差異，分析師可能會得出非常不同的價格目標和建議。沒有分析師對甲骨文持有看跌建議，而有18位分析師持有看好評級。古根海姆的最高股價目標是200美元，摩根士丹利的最低目標是125美元。
ORCL Price Action: According to Benzinga Pro, Oracle shares are up 2.60% at $165.57 at the time of publication Friday.
ORCL股價走勢：根據Benzinga Pro的數據，甲骨文股票在本週五發佈時上漲了2.60%，報165.57美元。
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譯文內容由第三人軟體翻譯。