$Oracle(ORCL)$ All I can say is that analysts' expectations for Oracle were very high, and Oracle did beat expectations, including on guidance. The cloud sales numbers were a slight miss, but overall OCI revenue was a beat. However, Oracle failed to show that its remaining performance obligations (RPO) are starting to convert to revenue. The good thing is that Oracle has now set expectations for the rest of 2027 by reiterating its $90 billion revenue target. If Oracle beats again next quarter, it could lead to a huge, huge jump in the stock. In Oracle's history, it has never beaten revenue three times in a row without the stock returning to and surpassing its all-time high.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
