Will Oracle Be a Trillion-Dollar Stock by 2030?
(NYSE: ORCL) was once considered a slow-growth tech giant, but its stock has rallied more than 140% over the past five years and recently hit an all-time high. That rally lifted its market cap to about $350 billion -- but it's still a lot smaller than trillion-dollar leaders Microsoft (NASDAQ: MSFT), Apple, Amazon (NASDAQ: AMZN), and Alphabet.
Could Oracle continue growing and join that elite four-comma club by the end of the decade? Let's discuss its business model, growth strategies for the cloud and AI markets, and its valuations to find out.
Image source: Getty Images.
Source Fool.com
Oracle Corp. Stock
€109.84
-0.150%
The stock is an absolute favorite of our community with 30 Buy predictions and no Sell predictions.
With a target price of 121 € there is a slightly positive potential of 10.16% for Oracle Corp. compared to the current price of 109.84 €.
