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Shares of Oracle would need to more than double for its market cap to hit the $1 trillion mark.
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?
Oracle stock is up by 72% in 2024 so far, and it's trading near a record high. ... Based on its trailing-12-month earnings per share of $3.88 and its stock price of $181.41 as of this writing ...
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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.
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 ...
Oracle (NYSE: ORCL) reported quarterly financial results that disappointed stock market investors. *Stock prices used were the afternoon prices of Dec. 10, 2024. The video was published on Dec. 12 ...