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It's just a question of whether that happens before or after 2030. Still a modestly priced buy. Oracle's stock has been a hot buy this year, but it's still modestly priced at a forward price-to ...
However, for the company to hit a valuation of $1 trillion by 2030, Oracle's stock would need to grow at a compound annual growth rate (CAGR) of 18.1%. Over the last five years, Oracle's market ...
Oracle's market cap of $450 billion still makes it much smaller than Microsoft, which is worth a whopping $3.2 trillion, but could it keep growing and eclipse the tech titan's valuation by 2030?
Based on its trailing-12-month earnings per share of $3.88 and its stock price of $181.41 as of this writing, it trades at a price-to-earnings (P/E) ratio of about 47.
That was right in line with the 8% to 10% growth it forecast and just below the $14.1 billion analyst consensus. Cloud revenue climbed 24% year over year to $5.9 billion.
If the stock reached the analysts' median price target of $197 within a year, it would trade for approximately 32 times trailing earnings, or about 30 times analysts' current estimates for fiscal ...
Oracle (NYSE: ORCL) is an underappreciated AI stock that investors should not ignore. Stock prices used were the afternoon prices of Nov. 26, 2024. The video was published on Nov. 28, 2024.
If Oracle stock just manages to climb alongside these financial trends, returning about 16.5% per year, the company would hit a trillion-dollar market capitalization with a stock price of around ...
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