Tag: ORCL
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Analysts’ Top Software Picks: Microsoft, Salesforce, ServiceNow, Adobe, Workday, Snowflake, Oracle
The Potential Drivers for Adobe Inc Adobe Inc. (ADBE) is perceived as an “early winner” in the generative artificial intelligence trend. The company plans to reveal more details about its monetization objectives during an analyst day event scheduled for late March. Materne opines that this event could reveal important insights into Adobe’s future growth prospects […]
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Oracle Emerges as a Safer Bet Amidst Snowflake’s Valuation Woes
Snowflake’s Valuation: A Restriction on Potential Gains Snowflake witnessed an impressive surge in product revenue, which constituted the majority of its top line. Fiscal 2021 saw a 120% increase, followed by 106% growth in fiscal 2022, and a 70% rise in fiscal 2023. This growth trajectory can be partly attributed to Snowflake’s compatibility with various […]
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Oracle’s Cloud Infrastructure Faces Capacity Constraints but Analysts Remain Bullish
Analyzing the Potential Upside: “For those willing to take a ‘glass half full’ approach, the guidance implies revenue acceleration, and the company is witnessing a significant growth in backlog,” emphasized Evercore ISI analyst Kirk Materne in a client note. He further stated that if OCI growth stabilizes around 50% in the coming quarters, the risk/reward […]