Latest Breaking News

muriel_volestrangler

(104,693 posts)

8. Appears to be since the CEO made incredibly optimistic predictions about cloud revenue

Wed Sep 10, 2025, 12:04 PM

Sep 10

"We expect Oracle Cloud Infrastructure revenue to grow 77% to $18 billion this fiscal year — and then increase to $32 billion, $73 billion, $114 billion, and $144 billion over the subsequent four years," CEO Safra Catz said in a statement on Tuesday.

The stock's gain comes despite Oracle reporting earnings for the first quarter of its fiscal year 2026 that fell below Wall Street's expectations. The company reported revenue of $14.9 billion, slightly below the $15 billion expected by analysts polled by Bloomberg. The software giant's adjusted earnings per share of $1.47 also came in below the projected $1.48.
...
"We signed four multibillion-dollar contracts with three different customers in Q1," Catz said in a statement Tuesday. Catz said this resulted in the company's contract backlog increasing 359% to $455 billion in its first quarter. The executive added that the company expects to sign up several additional multibillion-dollar customers and for its RPO to exceed half a trillion dollars.

https://finance.yahoo.com/news/oracle-stock-soars-after-ceo-says-ai-fueled-cloud-revenue-set-to-jump-to-144-billion-154530523.html

The market cap is now of the order of $900 billion: https://finance.yahoo.com/news/oracle-stock-soars-after-ceo-says-ai-fueled-cloud-revenue-set-to-jump-to-144-billion-154530523.html
Yes, they have a growth area; but for market cap to increase by $230bn for a predicted $126bn revenue increase in 5 years seems optimistic. Unless that revenue can be seen as obscenely profitable.

Edit history

Please sign in to view edit histories.

Recommendations

1 members have recommended this reply (displayed in chronological order):

IronLionZion

29 replies

= new reply since forum marked as read

Highlight:

Elon Musk just lost his title as world's richest person [View all] BumRushDaShow Sep 10 OP

Ugh. Larry is almost as bad as Elon. Eugene Sep 10 #1

Yep... regnaD kciN Sep 10 #13

Up 40% is insane for a "mature" battleship of a company like oracle unblock Sep 10 #2

Appears to be since the CEO made incredibly optimistic predictions about cloud revenue muriel_volestrangler Sep 10 #8

met Larry once, back in the day lapfog_1 Sep 10 #3

my ex once shared a stage w him. used to worship him. mopinko Sep 10 #9

Well, Shit. GB_RN Sep 10 #4

Over promise, under deliver, makes tons of profit IronLionZion Sep 10 #12

A Coworker Of Mine... GB_RN Sep 10 #18

Dormant? IbogaProject Sep 10 #5

"Dormant?" BumRushDaShow Sep 10 #6

Are you sure? Oracle's provided cloud services for the Pentagon for a while. ancianita Sep 10 #19

As I mentioned BumRushDaShow Sep 10 #20

I see. Thanks. ancianita Sep 10 #22

This is why the business and tech media are making a big deal about Oracle at the moment BumRushDaShow Sep 10 #23

Understood. I've read a bit about his wanting to ancianita Sep 10 #24

See this BumRushDaShow Sep 10 #25

Sounds complicated in terms of security, and the "trust us" message with all this Texas 2.0 ancianita Sep 10 #26

If DOGEshit hadn't ditched many of the CISA folks BumRushDaShow Sep 10 #27

Absolutely. Trump himself has wanted to end CISA, anyway. I try to keep up with what Chris Krebs' folks ancianita Sep 10 #28

Prof positive that our system is rigged Nigrum Cattus Sep 10 #7

Well, they both suck and are MAGA ass kissing assholes. Initech Sep 10 #10

Has Musk set up a GoFundMe that I can contribute to? Midnight Writer Sep 10 #11

I wonder if Putin is still actually #1 William Seger Sep 10 #14

It's disgusting that any one person should have that much money. hamsterjill Sep 10 #15

makes me want to barf reading about this kind of money rurallib Sep 10 #16

Reminds me of the Twlight Zone pool shark episode... C Moon Sep 10 #17

They can now whip them out and compare now that they finally no longer need to work. Brainfodder Sep 10 #21

But he still holds the title for world's biggest jerkwad. marble falls Sep 10 #29