ORCL

Oracle Corp.

TMT


Presented:11/10/2023
Price:$113.07
Cap:$309.74B
Current Price:$174.09
Cap:$482.41B

Presented

Date11/10/2023
Price$113.07
Market Cap$309.74B
Ent Value$417.19B
P/E Ratio33.64x
Book Value$0.87
Div Yield1.34%
Shares O/S2,739.38M
Ave Daily Vol10,066,164
Short Int1.05%

Current

Price$174.09
Market Cap$482.41B
Oracle Corp. engages in the provision of products and services that address aspects of corporate information technology environments, including applications and infrastructure technologies. It operates through the following business segments: Cloud and License, Hardware, and Services. The Cloud and License segment markets, sells, and delivers enterprise applications and infrastructure technologies through cloud and on-premise deployment models including cloud services and license support offerings. The Hardware segment provides infrastructure technologies including Oracle Engineered Systems, servers, storage, industry-specific hardware, operating systems, virtualization, management, and other hardware-related software. The Services segment offers consulting, advanced support, and education services. The company was founded by Lawrence Joseph Ellison, Robert Nimrod Miner, and Edward A. Oates on June 16, 1977 and is headquartered in Austin, TX.

Publicly traded companies mentioned herein: Oracle Cloud Infrastructure (OCI), Oracle (ORCL)

Highlights

The presenter is short Oracle (ORCL), anticipating the company will miss cloud targets this year as investors are too excited on Oracle Cloud Infrastructure (OCI), which he believes is losing traction in the market, despite some larger wins (i.e., TikTok, Uber). He expects growth to come in below expectations as bookings slow and sees 25% downside in the stock as investors reevaluate the company’s position going forward.

  • Signing up and creating account with us unlocks this content for you. Contact us today for full access to DeMatteo Research and more.

  • Signing up and creating account with us unlocks this content for you. Contact us today for full access to DeMatteo Research and more.

Request access to DeMatteo Research for full access

Request Access

Already have an account?

Idea Discussion

Commentor 1 - 2 weeks ago

Signing up and creating account with us, unlocks this content for you. Contact us today for full access to DeMatteo Research and more.

Commentor 1 - 2 weeks ago

Signing up and creating account with us, unlocks this content for you. Contact us today for full access to DeMatteo Research and more.

Idea Discussions display submitted commentary from our investor community.

To read and participate in the discussion with the presenter and investor base, request access to DeMatteo

Request Access

Already have an account?

An error occurred loading this content. Try again later or contact us.