Trump Is Set to Kill Tesla’s EV Tax Credit. This Matters Way More.
Updated Nov 15, 2024, 4:17 pm EST / Original Nov 15, 2024, 12:19 pm EST
Friday, June 13, 2025
Trump Kills California ‘EV Mandate.’ Why Tesla Investors Don’t Care.
Trump Kills California ‘EV Mandate.’ Why Tesla Investors Don’t Care.
Updated June 12, 2025, 4:24 pm EDT / Original June 12, 2025, 1:33 pm EDT
Tesla Stock Drops. 4 Things to Watch With Its Robo-Taxi Launch.
Tesla Stock Drops. 4 Things to Watch With Its Robo-Taxi Launch.
Updated June 12, 2025, 4:20 pm EDT / Original June 12, 2025, 4:07 am EDT
Oracle price target raised to $220 from $200 at Jefferies
Oracle price target raised to $220 from $200 at Jefferies
Published 2025-06-13, 01:24 p/m
Jefferies raised its price target on Oracle (NYSE:ORCL) to $220 from $200 on Thursday, while maintaining a Buy rating on the stock. Oracle, currently trading at $213.70 with a market capitalization of $598 billion, has shown remarkable momentum with a 45% return over the past year. According to InvestingPro analysis, the stock appears overvalued at current levels. The research firm cited Oracle’s robust revenue performance obligations (RPO) growth of 41% and fiscal year 2026 guidance of over 100% growth, not including the company’s Stargate initiative.
The firm highlighted that Oracle’s cloud revenue growth is expected to accelerate in fiscal year 2026, reaching 40% compared to 24% in fiscal year 2025. Infrastructure-as-a-Service (IaaS) growth is projected at 70% versus 51% in the previous year, which Jefferies believes underscores a widening supply-demand gap in cloud services. With a robust gross profit margin of 71% and revenue of $57.4 billion in the last twelve months, Oracle continues to demonstrate strong financial performance.
Jefferies acknowledged that Oracle’s fourth-quarter results were mixed, with Software-as-a-Service (SaaS) performance exceeding expectations while IaaS fell short of projections. Despite this mixed performance, the firm expressed confidence in Oracle’s future prospects.
The research firm maintained its Buy rating based on the potential for RPO momentum and revenue conversion to support upside from 32 times calendar year 2026 earnings per share. This outlook reflects Jefferies’ positive view on Oracle’s positioning in the expanding artificial intelligence infrastructure market.
Oracle’s strong RPO growth reinforces the breadth of the ongoing AI buildout across the technology sector, according to Jefferies. The firm’s analysis suggests Oracle is well-positioned to capitalize on increasing demand for cloud infrastructure supporting artificial intelligence applications. InvestingPro data shows Oracle maintains a "GOOD" overall financial health score, with particularly strong momentum and profitability metrics. For deeper insights into Oracle’s valuation and growth potential, including 20 additional ProTips and comprehensive financial analysis, check out the Pro Research Report available on InvestingPro.
In other recent news, Oracle reported better-than-expected revenue and earnings per share for its fiscal fourth quarter, which has led to analysts adjusting their forecasts. BNP Paribas (OTC:BNPQY) Exane raised its price target for Oracle to $226, maintaining an Outperform rating, while UBS increased its target to $225, citing significant backlog growth projected to over $275 billion by fiscal year 2026. DA Davidson also raised its target to $170, noting accelerated growth in Oracle Cloud Infrastructure (OCI), which grew 62% during the quarter. Cantor Fitzgerald adjusted its price target to $216, highlighting Oracle’s strong guidance for Infrastructure as a Service revenue growth, expected to exceed 70% in fiscal 2026.
Oracle’s recent collaboration with AMD (NASDAQ:AMD) involves deploying AMD Instinct MI355X GPUs in its cloud infrastructure, enhancing AI computing resources. This new offering aims to provide improved price-performance and advanced networking capabilities for AI workloads. Oracle’s management has projected 16% constant currency revenue growth for fiscal year 2026, with OCI growth potentially reaching $20-25 billion in annualized revenue by the end of that period. The company also plans significant capital expenditures, primarily due to the demand for AI compute on OCI. Despite concerns about potential margin erosion, analysts remain optimistic about Oracle’s growth prospects, driven by robust demand for AI-related infrastructure.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.
Oracle Announces Fiscal 2025 Fourth Quarter and Fiscal Full Year Financial Results
Oracle Announces Fiscal 2025 Fourth Quarter and Fiscal Full Year Financial Results
June 11, 2025
- Q4 Remaining Performance Obligations up 41% to $138 billion
- Q4 GAAP Earnings per Share $1.19, non-GAAP Earnings per Share $1.70
- Q4 Total Revenue $15.9 billion, up 11%
- Q4 Cloud Revenue (IaaS plus SaaS) $6.7 billion, up 27%
- Q4 Cloud Infrastructure (IaaS) Revenue $3.0 billion, up 52%
- Q4 Cloud Application (SaaS) Revenue $3.7 billion, up 12%
- Q4 Fusion Cloud ERP (SaaS) Revenue $1.0 billion, up 22%
- Q4 NetSuite Cloud ERP (SaaS) Revenue $1.0 billion, up 18%
- FY 2025 Total Revenue $57.4 billion, up 8%
AUSTIN, Texas, June 11, 2025 /PRNewswire/ -- Oracle Corporation (NYSE: ORCL) today announced fiscal 2025 Q4 and full-year 2025 results. Total quarterly revenues were up 11% year-over-year in USD and constant currency to $15.9 billion. Cloud services and license support revenues were up 14% in USD and constant currency to $11.7 billion. Cloud license and on-premise license revenues were up 9% in USD and up 8% in constant currency to $2.0 billion.
Q4 GAAP operating income was $5.1 billion. Non-GAAP operating income was $7.0 billion, up 5% in USD and up 4% in constant currency. GAAP net income was $3.4 billion, and non-GAAP net income was $4.9 billion. GAAP earnings per share was $1.19 while non-GAAP earnings per share was $1.70.
Short-term deferred revenues were $9.4 billion. Operating cash flow was $20.8 billion during fiscal year 2025, up 12% in USD.
Fiscal year 2025 total revenues were up 8% in USD and up 9% in constant currency to $57.4 billion. Cloud services and license support revenues were up 12% in USD and constant currency to $44.0 billion. Cloud license and on-premise license revenues were up 2% in USD and up 3% in constant currency to $5.2 billion.
Fiscal year 2025 GAAP operating income was $17.7 billion, and non-GAAP operating income was $25.0 billion. GAAP net income was $12.4 billion while non-GAAP net income was $17.3 billion. GAAP earnings per share was $4.34, while non-GAAP earnings per share was $6.03.
"FY25 was a very good year—but we believe FY26 will be even better as our revenue growth rates will be dramatically higher," said Oracle CEO, Safra Catz. "We expect our total cloud growth rate—applications plus infrastructure—will increase from 24% in FY25 to over 40% in FY26. Cloud Infrastructure growth rate is expected to increase from 50% in FY25 to over 70% in FY26. And RPO is likely to grow more than 100% in FY26. Oracle is well on its way to being not only the world's largest cloud application company—but also one of the world's largest cloud infrastructure companies."
"MultiCloud database revenue from Amazon, Google and Azure grew 115% from Q3 to Q4," said Oracle Chairman and CTO, Larry Ellison. "We currently have 23 MultiCloud datacenters live with 47 more being built over the next 12 months. We expect triple-digit MultiCloud revenue growth to continue in FY26. Revenue from Oracle Cloud@Customer datacenters grew 104% year-over-year. We have 29 Oracle Cloud@Customer dedicated datacenters live with another 30 being built in FY26. Overall Oracle Cloud Infrastructure consumption revenue grew 62% in Q4. We expect OCI consumption revenue to grow even faster in FY26. OCI revenue growth rates are skyrocketing—so is demand."
The board of directors declared a quarterly cash dividend of $0.50 per share of outstanding common stock. This dividend will be paid to stockholders of record as of the close of business on July 10, 2025, with a payment date of July 24, 2025.
- A sample list of customers which purchased Oracle Cloud services during the quarter will be available at www.oracle.com/customers/earnings/.
- A list of recent technical innovations and announcements is available at www.oracle.com/news/.
- To learn what industry analysts have been saying about Oracle's products and services see www.oracle.com/corporate/analyst-reports/.
Earnings Conference Call and Webcast
Oracle will hold a conference call and webcast today to discuss these results at 4:00 p.m. Central. A live and replay webcast will be available on the Oracle Investor Relations website at www.oracle.com/investor/.
About Oracle
Oracle offers integrated suites of applications plus secure, autonomous infrastructure in the Oracle Cloud. For more information about Oracle (NYSE: ORCL), please visit us at www.oracle.com.
Trademarks
Oracle, Java, MySQL, and NetSuite are registered trademarks of Oracle Corporation. NetSuite was the first cloud company—ushering in the new era of cloud computing.
"Safe Harbor" Statement: Statements in this press release relating to future plans, expectations, beliefs, intentions and prospects, including projections for our growth in FY26 and our expectations of relative size among cloud applications and infrastructure companies, are "forward-looking statements" and are subject to material risks and uncertainties. Risks and uncertainties that could affect our current expectations and our actual results, include, among others: our ability to develop new products and services, integrate acquired products and services and enhance our existing products and services, including our AI products; our management of complex cloud and hardware offerings, including the sourcing of technologies and technology components; our ability to secure datacenter capacity; significant coding, manufacturing or configuration errors in our offerings; risks associated with acquisitions; economic, political and market conditions; information technology system failures, privacy and data security concerns; cybersecurity breaches; unfavorable legal proceedings, government investigations, and complex and changing laws and regulations. A detailed discussion of these factors and other risks that affect our business is contained in our SEC filings, including our most recent reports on Form 10-K and Form 10-Q, particularly under the heading "Risk Factors." Copies of these filings are available online from the SEC or by contacting Oracle's Investor Relations Department at (650) 506-4073 or by clicking on SEC Filings on the Oracle Investor Relations website at www.oracle.com/investor/. All information set forth in this press release is current as of June 11, 2025. Oracle undertakes no duty to update any statement in light of new information or future events.
Bezos And Zuckerberg — As Oracle Stock Mounts Big Rally
Bezos And Zuckerberg — As Oracle Stock Mounts Big Rally
Jun 13, 2025, 02:20pm EDT
Topline
Larry Ellison reclaimed his spot among the world’s two richest people and then some this week as shares of his cloud computing titan shot to an all-time high following earnings, marking the latest back-and-forth near the top of Forbes’ rich list amid the artificial intelligence arms race.
Key Facts
Oracle stock followed its 13% rally Thursday with a scorching 7% gain by midafternoon Friday, trading at a record of about $215 per share.
Ellison’s net worth accordingly rocketed by more than $40 billion to $258 billion from Wednesday to Friday, enjoying easily the largest daily bump of any billionaire on both Thursday and Friday when his fortune rose by about $25 billion and $16 billion, respectively, according to Forbes data.
That gain was enough to vault Ellison past Amazon chairman Jeff Bezos ($228 billion net worth) and Meta CEO Mark Zuckerberg ($238 billion) for the second spot on Forbes’ real-time billionaires ranking.
Ellison is now only less wealthy than his longtime friend Elon Musk ($414 billion net worth).
Big Number
$104 billion. That’s how much market capitalization Oracle has gained over the last two trading sessions. That’s more than the total valuation of Intel or Nike.
Why Oracle Stock Rose This Week
Oracle’s surge follows a Wednesday afternoon earnings report revealed stronger profits ($1.70 adjusted earnings per share) and sales ($15.9 billion revenue) than Wall Street expected for the company’s financial quarter ending last month. Deutsche Bank analyst Brad Zelnick described the earnings update as a “watershed” moment for Oracle, adding in a note to clients: “When Larry Ellison speaks of entering a new era of cloud computing, all should pay careful attention,” nodding to Oracle’s position as one of the powering forces in the generative and agentic AI push.
Crucial Quote
Oracle’s 2026 fiscal year starting this month will be a “major inflection point” for Oracle’s core cloud infrastructure service “driven by massive demand for AI training workloads,” predicted TD Cowen analyst Derrick Wood in a note.
Key Background
Oracle is an enterprise software colossus, making much of its hay selling cloud computing and data storage, notably hosting the U.S. data of the social media platform TikTok. Ellison owns about 41% of Oracle, the company he cofounded in 1977. The 80-year-old Ellison is no stranger from the public eye. He served on Tesla’s board of directors from 2018 to 2022, spent at least $20 million to help elect GOP candidates during 2022 midterm elections, bought a Hawaiian island for $300 million and even contributed to a record sum paid to bring the nation’s top quarterback recruit to the University of Michigan’s football team, the alma mater of his 33-year-old wife Kere Zhu. Ellison also appeared alongside President Donald Trump in January to unveil Stargate, the joint venture between Oracle, SoftBank and OpenAI to supercharge the U.S.’ AI push.
WOLF stock | Creditors offer US chipmaker $600mn refinancing to avert bankruptcy
Creditors offer US chipmaker $600mn refinancing to avert bankruptcy
Move sets up potential showdown at Wolfspeed between junior investors and private equity giant Apollo
Junior creditors of Wolfspeed Inc., a strategically sensitive US chipmaker, have offered rescue financing to the struggling company to pre-empt a potential bankruptcy filing.
A group of hedge funds and other investors sent a proposal on Sunday that would provide Wolfspeed roughly $600mn to refinance a large convertible bond coming due in 2026, as well as fund fresh working capital.
The offer comes after Wolfspeed, which manufactures silicon carbide wafers for electric vehicles and other energy applications, announced last Thursday it was considering a bankruptcy filing after negotiations to restructure the bond reached an impasse.
The stand-off pits some of Wall Street’s savviest financiers against one another as they seek to profit from a distressed company that is at the centre of US efforts to promote domestic production of a crucial technology.
Wolfspeed currently shoulders $6.5bn in total debt including a $1.5bn senior secured loan held by a group led by Apollo Global Management. The senior lender group controls the ability for Wolfspeed to sell any additional secured debt.
The convertible bond holders, which include Balyasny Asset Management and Shaolin Capital Management, are concerned the company may choose the bankruptcy option too quickly when it holds a large cash buffer.
A bankruptcy could give Apollo and its co-investors an advantage in a court-supervised recapitalisation that could leave heavy losses for the junior creditors. An Apollo representative declined to comment.
Adding to the conflict, Renesas Electronics, a Wolfspeed customer, extended a $2bn unsecured loan to the company as a deposit on future product purchases.
The company reached a deal with the Biden administration last fall to secure $750mn from the Chips Act, but it has yet to receive the funding after the change in administration. Its market capitalisation has fallen from $4bn in 2024 to just $500mn now.
Wolfspeed has touted its US-based manufacturing operations against competitors who are based in China. It had been borrowing and spending heavily on manufacturing capability in recent years with the expectation that revenue, driven by growing EV sales, will soon jump to over $800mn annually, a level it has said is enough to put the company as cash flow positive.
But weak sales to date, in part due to moderating EV popularity, has left it vulnerable to its heavy debt load. Its executives described the business as soon reaching an “inflection point”.
They said Wolfspeed had $1.3bn in existing “cash and liquidity” and that it “continue[d] to maintain a constructive dialogue with the Trump administration in the chips programme office regarding federal funding.”
According to multiple people briefed on negotiations, the company is grappling with the dilemma between narrowly solving the immediate 2026 maturity using what may be higher cost debt against a wider bankruptcy where its debt load could be deeply slashed, leaving equity shareholders zeroed out.
In a statement last week, Wolfspeed said: “We will likely need a comprehensive solution to strengthen our balance sheet over the next 12 months.”
Oracle shares surge on strong results, ambitious cloud forecast
Oracle shares surge on strong results, ambitious cloud forecast
Published: 23:56 12 Jun 2025 EDT
Oracle Corp (NYSE:ORCL, ETR:ORC)’s shares jumped in US trading overnight after the company released impressive results for the fourth quarter and full financial year, with total quarterly revenues up 11% year-over-year to $15.9 billion.
The strong performance was driven by robust demand for Oracle’s cloud infrastructure and applications, with cloud revenues climbing 27% to $6.7 billion, marking a major growth area for the company. In particular, cloud infrastructure (IaaS) revenue surged 52%, underscoring the strength of Oracle’s cloud offerings as enterprises increasingly turn to artificial intelligence (AI) and cloud-based services.
The results were above Wall Street expectations, with Oracle’s adjusted earnings per share of $1.70 surpassing analyst estimates. The company’s strong quarterly performance, combined with its positive full-year growth of 8%, sent Oracle’s stock price soaring by 13% on Thursday to a record high of $199.86 per share.
Cloud infrastructure driving future growth
Oracle's management expressed confidence that the 2026 financial year will be even stronger, with the company projecting a dramatic acceleration in its cloud growth rate. Chairman Larry Ellison highlighted that cloud infrastructure revenue is expected to surge over 70%, improving on the significant fourth-quarter growth.
With MultiCloud database revenue growing 115% quarter-on-quarter, Oracle’s cloud business is expected to continue its upward trajectory, fuelled by the growing demand for AI services and cloud databases.
The company is also expanding its footprint in the cloud infrastructure space, with plans to grow its MultiCloud datacentres. Oracle’s continued investments in its cloud infrastructure business are likely to solidify its position as one of the largest cloud infrastructure providers globally.
Solid financials and strategic investments
For the 2025 financial year, Oracle posted total revenue of $57.4 billion, an 8% increase from the previous year. The company’s cloud services and license support revenues were up 14% year-over-year to $11.7 billion. Non-GAAP net income for the year reached $17.3 billion, with earnings per share hitting $6.03, an increase of 10% from the prior year.
Oracle also demonstrated robust cash flow, with operating cash flow of $20.8 billion, a 12% increase from the previous financial year. The solid cash flow supports Oracle’s aggressive expansion strategy, including its focus on cloud infrastructure and the launch of new Oracle Cloud@Customer datacentres, which grew by 104% year-over-year in the quarter.
Oracle’s shares jumped more than 13% following the announcement, with investors encouraged by the optimistic cloud growth projections and expansion plans. The results and positive outlook reflect Oracle’s successful pivot to cloud infrastructure, positioning it as a major player in the cloud space as enterprise adoption of AI and cloud services accelerates.
Subscribe to:
Posts (Atom)