Where Is Oracle’s Stock Headed?
- Monday, September 20, 2021, 7:15
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Oracle’s stock has fallen 11% since the end of FY 2021 (ended May 2021). As per Trefis’ Oracle’s valuation of $95, the stock currently looks to be below its near term potential. In the recently announced Q1 FY 2022 (ended Aug 2021) results, Oracle reported revenue of $9.7 billion, up 4% while…