Oracle continues to secure major cloud deals, but investors are more concerned with converting those deals into realized revenue.Oracle (ORCL 1.86%) stock is trading down about 42% from where it was before it announced its fiscal 2026 first-quarter results on Sept. 9, which included news of a blockbuster $300 billion deal with OpenAI. Following the release of Oracle's latest quarterly results on Dec. 10, which showcased all-time high results and an upbeat forecast, the stock sold off about 15%. Despite two ...

Oracle Corporation (NYSE:ORCL) is one of the AI Stocks Analysts Are Watching Closely.  On December 11, Stifel analyst Brad Reback lowered the price target on the stock to $275.00 (from $350.00) while maintaining a “Buy” rating. The price target cut follows Oracle’s Q2 earnings report. The AI bellwether reported lower quarterly revenue than expected despite booming demand for its artificial intelligence infrastructure. Oracle reported earnings per share of $2.26, beating expectations of $1.64. Meanwhile, ...

Shares of Oracle (ORCL) dipped more than 10% in the after-hours trading session on Dec. 10, 2025, (as reported by Yahoo Finance) despite surpassing analysts’ bottom-line expectations for the second quarter of fiscal 2026. This pullback was most likely triggered by the company failing to meet revenue estimates, particularly for its cloud business. At the same time, investors remained worried about this cloud giant’s debt issues and a potential AI bubble. While this consistent share price slump might come as ...

Investors are concerned that Oracle's spending is too aggressive.The "Magnificent Seven" stocks have captured the spotlight in recent years because their success has driven the S&P 500 to new heights.Recently, I ranked all seven of these stocks for 2026, with Microsoft (MSFT +1.04%) in first place, followed by Meta Platforms, Nvidia, Alphabet, Amazon, Apple, and Tesla.If Oracle (ORCL 10.95%) were in the Magnificent Seven, I would rank it ahead of Meta and right behind Microsoft, even after the growth stock ...

公司转型与市场表现 - 公司正从传统数据库公司转型为主要的人工智能计算提供商 其股价在2025年因云和AI基础设施服务需求激增、大规模新合作以及收入预测大幅上调而飙升超过+30% [1] - 尽管年初至今回报可观且是疫情后市场表现最佳的公司之一 但公司股价已从今年9月创下的345美元每股的52周及历史高点下跌了36% [2] 第二财季业绩预期 - 根据Zacks估计 公司第二财季销售额预计同比增长15% 达到161.5亿美元 而去年同期为140.6亿美元 [3] - 得益于销售增长 公司第二财季每股收益预计同比增长11% 达到1.63美元 去年同期为1.47美元 [3] 人工智能与云业务增长 - 公司预计其云基础设施收入将从今年的180亿美元增长至未来四年的1440亿美元 这一预期震惊了华尔街 [4] - 公司已从OpenAI、xAI、Meta Platforms和TikTok获得了近5000亿美元与AI相关的承诺 分析师认为这可能使其显著扩大在云市场的份额 [4] - 富国银行分析师特别预测 公司云基础设施的市场份额将从目前的5%增长至2029年的16% 而当前云市场主要由亚马逊AWS、微软Azure和谷歌云控制 [5] 资本支出与财务状况 - 为满足AI需求而扩展云基础设施是资本密集且复杂的 公司今年的资本支出预计将激增至250亿美元 而2024年为23亿美元 [6][8] - 资本支出的大幅增加包括建设新的数据中心以支持超大规模AI工作负载 这应有助于缩小与AWS、Azure和谷歌云在云服务方面的差距 [8] - 公司资产负债表稳健 持有超过110亿美元的现金 [8] 估值水平 - 公司股价的回调可能是一次健康的修正 目前其远期市盈率为32倍 而一年前的高点为61倍 [10] - 与AI领域大多数参与者类似 公司股票的远期市销率溢价为9倍 尽管这已从今年早些时候13倍的高点回落 [10] 总结与展望 - 在目前水平 公司股价已部分缓解了其第二财季业绩的压力 并再次为更可持续的长期增长做好了定位 [12] - 公司股价能否重拾强劲上涨势头 将取决于其达到或超过季度预期的能力 以及在业绩指引中再次确认云业务指数级增长的可能性 [12]

Oracle Corporation (NYSE:ORCL) is one of the AI Stocks on the Market’s Radar. On December 4, TD Cowen reiterated its “Buy” rating on the stock with a $400.00 price target. The rating affirmation comes ahead of the company’s second-quarter earnings report scheduled for December 10. TD Cowen believes that there are two key factors that can reverse the recent negative sentiment surrounding the stock. These factors are Oracle Cloud Infrastructure (OCI) growth acceleration and clarification on capital expendit ...

Oracle (ORCL) stock fell more than 13% Thursday after the tech firm's quarterly AI costs rose ahead of Wall Street's expectations and revenue fell short. Oracle reported capital expenditures of $12 billion for its fiscal second quarter after the bell Wednesday, up from about $4 billion the previous year and the roughly $8 billion projected by analysts tracked by Bloomberg. The AI cloud player also hiked its guidance for full-year capital expenditures to $50 billion from its prior $35 billion estimate. At ...

Oracle (ORCL) is set to report quarterly earnings after the bell on Wednesday. Wall Street is closely watching the cloud firm's results for any signs of cracks in the AI bubble. The fast-growing AI player is expected to report earnings per share of $1.64 for its fiscal second quarter, according to consensus estimates of analysts tracked by Bloomberg, up from $1.47 the previous year. Oracle is projected to report revenue of $16.21 billion for the period, up 15% from the year-ago quarter. And the tech firm ...

Oracle (ORCL) stock fell as much as 15% Thursday after the tech firm's quarterly AI costs rose ahead of Wall Street's expectations and its revenue fell short. Oracle reported capital expenditures of $12 billion for its fiscal second quarter after the bell Wednesday, up from about $4 billion the previous year and the roughly $8 billion projected by analysts tracked by Bloomberg. The AI cloud player also hiked its guidance for full year capital expenditures to $50 billion from its prior $35 billion estimate ...

市场表现与估值重估 - 甲骨文股价在三个月内从历史高点约346美元跌至约217美元 市值损失近40% [2] - 市场关注点已从公司雄心转向其资产负债表 担忧公司为尚未产生充足自由现金流的基建项目积累大量债务 [3] - 股价下跌后 公司估值指标相比竞争对手显著下降 目前交易价格较主要超大规模云厂商（微软、亚马逊）略有折扣 [7][8] - 公司前瞻市盈率从超过40倍降至27倍 而微软的前瞻市盈率为32倍 [12] 核心业务与竞争分析 - 公司云基础设施业务是主要资产 本财年预计增长超过70% [12] - 主要技术优势在于其网络架构 特别是对大规模AI训练集群非常高效的RDMA技术 这使其早期赢得了英伟达和xAI等客户 [12] - 竞争策略聚焦于速度和可用性 与面向广泛企业工作负载的AWS和Azure形成差异化 并在周期初主动囤积英伟达GPU以提供即时可用性 [10][12] - 客户粘性源于AI模型在特定网络设置上训练后 迁移到其他供应商会涉及大量工程复杂性 但公司需证明其能依靠软件优势而非仅硬件可用性来维持客户忠诚度 [12] 增长驱动与风险焦点 - 增长催化剂在于将积压订单转化为收入 公司已成为AI革命的基础设施融资方 为xAI和Cohere等大型AI实验室建设基础设施 [11][12] - 公司拥有超过4000亿美元的剩余履约义务积压订单 但当前焦点已转向履行这些订单所需的资本支出 [12] - 市场已基本忽略此前股价中的“核电溢价” 因“核电数据中心”概念面临监管挑战 美国联邦能源管理委员会关于发电厂数据中心共址的裁决降低了小型模块化反应堆快速应用的预期 [12] - 核心问题在于庞大的积压订单虽前景可观 但无法偿付债务义务 投资者需要看到积压订单以更快速度转化为确认收入 [18] 未来展望与关键节点 - 12月10日的第二季度财报是关键节点 业绩可能取决于单一的“转化率”指标 [13] - 若公司能证明其巨额资本支出正迅速转化为可计费收入 则将挑战“现金消耗”的论点 若积压增加而收入停滞 则表明部署或需求满足存在瓶颈 [18] - 看涨情形是管理层宣布新的战略合作伙伴关系或超大规模云协议 以证明巨额资本支出的合理性并推动云基础设施业务增长 [18] - 看跌情形是业绩指引显示因利息义务或折旧导致利润率收缩 证实建设AI基础设施的成本超过了回报 [18] - 37%的跌幅似乎已计入了巨大的执行风险 对于长期投资者而言 此估值提供了一个更可接受的切入AI基础设施市场的点位 [15]