|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||48.36 - 48.71|
|52 Week Range||42.57 - 53.48|
|PE Ratio (TTM)||53.91|
|Forward Dividend & Yield||0.76 (1.65%)|
|1y Target Est||N/A|
Most blue chips boast robust debates between bulls and bears. Not Oracle (NYSE:ORCL). When I was searching for bullish arguments favoring Oracle stock, most of my articles popped up!
Amazon.com Inc.'s lucrative division is fast eclipsing its rivals when it comes to the federal cloud.
Zuora CEO Tien Tzuo is no stranger to what it takes to build a trailblazing company from the ground up, having been at Salesforce in its early days of trying to prove a subscription-based approach to software could work.
Oracle (ORCL) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
A few more surprises are coming to light as more of the biggest tech employers reveal how much they pay a typical worker in Silicon Valley. It's clear that the most established companies aren’t necessarily the ones that pay the highest. Take for example chipmaker Intel Corp. With revenue last year of almost $63 billion, the Santa Clara-based chipmaker is neck-and-neck with Samsung for the title of the world's biggest semiconductor maker.
CenturyLink (CTL) plans to provide customers with private access to Oracle Cloud with Oracle Cloud Infrastructure FastConnect for cloud experience on a network.
Oracle Corp.'s ( ORCL) stock performance has been lackluster thus far in 2018, with shares up about 2% versus an S&P 500 that is up by about 5%. The stock plunged in mid-June, after posting uninspiring results that left analysts and investors with more questions than answers surrounding the company's transition to a cloud-based business. Meanwhile, an analysis of the technical chart also suggests an increase in the price by about 7%. Still, analysts have been slashing their price target for the stock in recent weeks and their earnings outlook for the upcoming fiscal first quarter.
The U.S. Defense Department is running a winner-take-all competition to choose a cloud-computing company to host its trove of information, perhaps including top national-security secrets, so that warfighters and military leaders can make data-driven decisions at "mission-speed." Amazon.com Inc., Microsoft Corp. and International Business Machines Corp. are among those vying for the multibillion-dollar contract. The massive scope of the project, and the Pentagon’s intention to choose just one winner, has caught the attention of the tech industry and U.S. lawmakers. Some technology companies think the Defense Department favors Amazon.
The solid fourth-quarter results from Oracle Corporation (NYSE:ORCL) put an end to the downside momentum. Declines in its Cloud and On-Premise Software unit (by 5 percent, to $2.5 billion), hardware (flat at $1.12 billion), and Services (down 1 percent, to $883 million) were offset by the 8 percent growth in Cloud Services and License Support ($6.77 billion in revenue). This gives Oracle the option of buying smaller growth firms in the software and cloud space if an opportunity comes up.
A few surprises are coming to light as some of the nation's biggest tech employers reveal how much they pay a typical worker. For starters, it's clear that the most established companies aren’t necessarily the ones that pay the highest. Take, for example, chipmaker Intel Corp. With revenue last year of almost $63 billion, the Santa Clara-based company is neck-and-neck with Samsung for the title of the world's biggest semiconductor maker.
Oracle’s tepid top- and bottom-line guidance for fiscal Q1 2019 has affected its stock price. Wedbush has downgraded Oracle stock from “outperform” to “neutral” and slashed its price target to $49 from $55.
Oracle’s (ORCL) EPS have continued to grow, driven by rising demand for its cloud and license business, adoption of its ERP1 and HCM2 SaaS3 products, the successful integration of NetSuite, and its autonomous database launch. The company’s strong product portfolio has helped it counter competition against tech giants such as IBM (IBM), Microsoft (MSFT), and Accenture (ACN).
Oracle (ORCL), the leading database service provider, has been selected by French-based ÏDKIDS COMMUNITY to help analyze consumers’ behavior and preferences—according to an announcement on July 9. Oracle’s retail planning and optimization cloud services will be implemented by ÏDKIDS COMMUNITY to achieve its objectives.
Another question is whether yesterday’s Treasury yield strength can roll into the new day. Last but not least, consider keeping an eye on the 2790 area for the S&P 500 (SPX). On the earnings front, PepsiCo Inc. (NASDAQ: PEP) earned an adjusted $1.61 a share in Q2, beating the average Wall Street analyst estimate.
As a latecomer to the cloud business, Oracle (ORCL) has implemented various strategies in terms of acquisitions, new product launches, and product upgrades. Oracle’s aggressive acquisition strategy not only saves time for the company to develop and upload new applications in its cloud but also provides customers easy access to its cloud products. Oracle Cloud’s fully autonomous self-driving database is also supporting customer growth.
The most established companies aren’t necessarily the ones that pay the highest — just look at how much more the median worker at Nvidia makes compared to the typical employee at much-larger rival Intel.
Oracle (ORCL) has continued to enhance its cloud platform through important acquisitions such as that of NetSuite, and by launching innovative product features. The company’s Fusion ERP1 and HCM2 products are hugely popular and remain key drivers of its overall cloud business. The company’s aim to combine innovative features such as voice recognition applications and autonomous database capabilities in the cloud may further drive business going forward.
Oracle (ORCL) has maintained a strong capital return policy to boost shareholders’ wealth. In the last five years, the company has put ~$55.9 billion toward stock buybacks and regular dividend payments, at an average of ~$11.2 billion per year. It has bought back $43.2 billion in stock at an average of $8.6 billion per year.
The launch of Oracle’s (ORCL) BYOL (bring-your-own-license) policy offers clients the opportunity to migrate their existing on-premises licenses to Oracle Cloud. As Oracle’s license revenue generated through the BYOL program did not fall under its on-premises or cloud business, the company changed its reporting segments in fiscal Q4 2018. Oracle now reports its software licenses under its new cloud license and on-premises license segment, and has combined its cloud SaaS1, PaaS2, IaaS3, software license updates, and product support into cloud services and license support. As shown in the graph above, the newly merged cloud service and license support business has grown at a compound annual rate of 2% over the last five quarters.