These Analysts Revise Their Forecasts On Oracle Following Q4 Earnings
Summary
Oracle reported stronger-than-expected fourth-quarter revenue and earnings, driven by growing demand for cloud infrastructure used for AI training and inference. The company also said it expects to raise about $40 billion through debt and equity financing. Management guided to 27% to 29% first-quarter revenue growth and 57% to 63% cloud revenue growth. Several analysts updated their price targets after the earnings release, while Oracle shares fell sharply on the day.
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