Is It Too Late to Buy Oracle Stock?
(NYSE: ORCL) just delivered one of the most eye-catching updates in large-cap tech. Shares ripped higher on Wednesday after the database pioneer and cloud infrastructure provider revealed a bookings spike that reframes the growth outlook. The headline wasn't a modest guidance tweak or a one-off. It was a flood of contracted demand arriving all at once.
The question for investors is simple: After a move like this, is it too late to buy into this compelling growth story? The short answer is no. The stock is more expensive, but the scale and visibility of future revenue suggest Oracle can grow into today's valuation as new capacity comes online and customers start consuming what they've already signed up for.
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Source Fool.com
Oracle Corp. Stock
The stock is one of the favorites of our community with 103 Buy predictions and 1 Sell predictions.
With a target price of 235 € there is a hugely positive potential of 85.21% for Oracle Corp. compared to the current price of 126.88 €.
