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Forbes
68 days

Is Oracle Stock A Buy At $190?

1. Oracle reported Q4 earnings of $1.70 per share, exceeding expectations. 2. Strong growth in cloud services surged 52% in Q4, indicating robust demand. 3. Oracle's projected revenue for 2029 now targets $104 billion, up from $57 billion. 4. Stock jumped 8% post-results to around $190, reflecting positive investor sentiment. 5. High valuation poses risk; sensitive to market downturns and competition threats.

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FAQ

Why Bullish?

Oracle's significant growth in cloud services suggests sustained demand and profitability.

How important is it?

Strong earnings and growth prospects can significantly influence market perception of ORCL.

Why Long Term?

Projected revenue growth supports a bullish outlook over the next several years.

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