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<Research> HSBC Research Cuts Oracle Corporation (ORCL.US) TP to USD316, Maintains Buy
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HSBC Global Investment Research issued a report stating that Oracle Corporation (ORCL.US) recorded a 20.6% YoY increase in revenue for 4Q of fiscal 2026, slightly beating both the broker’s and market expectations. Non-GAAP operating margin reached 44.78%, expanding by 0.54 ppts YoY, slightly above the broker’s and market forecasts of 44.38% and 43.42%, respectively. Non-GAAP EPS was USD2.11, up 24.2% YoY, also exceeding expectations. The broker noted that Oracle Corporation’s revenue and Non-GAAP EPS guidance for fiscal 2027 are USD90 billion and USD8.05, respectively, both slightly above market expectations. Based on the company’s latest financial guidance, the broker revised down its fiscal 2030 revenue forecast from USD244 billion to USD205 billion and lowered its Non-GAAP EPS forecast from USD19.24 to USD17.81. The TP was cut from USD345 to USD316, with the Buy rating maintained. (sl/u) Auto-translated by AI This article was automatically translated by AI, the original language version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation. More Details
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