๐ฅ 1. Strong Analyst Confidence
Evercore ISI: Raised price target to $200, maintaining an Outperform rating.
Cantor Fitzgerald: Initiated an Overweight rating, signaling high confidence in Oracle's growth.
Consensus Target: Analysts' mean price target of $197.07, with a high estimate of $220, highlights significant upside potential.
๐ฐ 2. Valuation and Earnings Strength
Current Price: Trading at $161, Oracle is well below its all-time high of $198.31.
Fair Value: Simply Wall Street values Oracle at $261.81, indicating the stock is 39% undervalued.
Earnings Growth: Oracle delivers consistent earnings growth at 16.5%, showcasing its financial resilience and expansion potential.
โก๏ธ 3. Growth Drivers
Cloud Leadership: Oracle continues to expand in cloud computing, challenging AWS and Microsoft Azure.
AI Integration: Oracleโs investments in AI-powered solutions position it to capitalize on the AI and data revolution.
Global Expansion: Enhanced data center infrastructure worldwide is strengthening Oracleโs market reach and competitiveness.
๐ 4. Technical and Price Action
Support: The price is respecting a long-term uptrend support, with a recent bounce confirming the start of a new bullish wave.
Momentum: RSI and Stochastic Oscillator indicate a reversal from oversold conditions, signaling increasing bullish momentum.
Historical Patterns: Previous rallies from the support of 27.93% and 38.20%, suggest Oracle could replicate similar upward moves.
๐น Price Targets:
๐ฏ $170 (+5.6%)
๐ฏ $180 (+11.8%)
๐ฏ $200 (+24.2%)
๐ก Conclusion
Oracle is backed by strong fundamentals, growing cloud and AI capabilities, and bullish technical indicators. With a clear path to $200, the stock offers an excellent opportunity to capture gains at current levels. ๐
Evercore ISI: Raised price target to $200, maintaining an Outperform rating.
Cantor Fitzgerald: Initiated an Overweight rating, signaling high confidence in Oracle's growth.
Consensus Target: Analysts' mean price target of $197.07, with a high estimate of $220, highlights significant upside potential.
๐ฐ 2. Valuation and Earnings Strength
Current Price: Trading at $161, Oracle is well below its all-time high of $198.31.
Fair Value: Simply Wall Street values Oracle at $261.81, indicating the stock is 39% undervalued.
Earnings Growth: Oracle delivers consistent earnings growth at 16.5%, showcasing its financial resilience and expansion potential.
โก๏ธ 3. Growth Drivers
Cloud Leadership: Oracle continues to expand in cloud computing, challenging AWS and Microsoft Azure.
AI Integration: Oracleโs investments in AI-powered solutions position it to capitalize on the AI and data revolution.
Global Expansion: Enhanced data center infrastructure worldwide is strengthening Oracleโs market reach and competitiveness.
๐ 4. Technical and Price Action
Support: The price is respecting a long-term uptrend support, with a recent bounce confirming the start of a new bullish wave.
Momentum: RSI and Stochastic Oscillator indicate a reversal from oversold conditions, signaling increasing bullish momentum.
Historical Patterns: Previous rallies from the support of 27.93% and 38.20%, suggest Oracle could replicate similar upward moves.
๐น Price Targets:
๐ฏ $170 (+5.6%)
๐ฏ $180 (+11.8%)
๐ฏ $200 (+24.2%)
๐ก Conclusion
Oracle is backed by strong fundamentals, growing cloud and AI capabilities, and bullish technical indicators. With a clear path to $200, the stock offers an excellent opportunity to capture gains at current levels. ๐
Trade active
Smashed the Take Profit 1 in no time! ๐
Note
Take Profit 2 as well! ๐