| 台棋电 | 11186 | ↑ 2.17% | 215.68 | | --- | --- | --- | --- | | 特斯拉 | 10601 | ↑ 1.17% | 329.13 | | 甲骨文 | ୧032 | + -1.91% | 211.1 | | 腾讯 | 5905 | ↑ 0.05% | 64.88 | | 奈飞 | 5214 | ↑ 1.09% | 1225.35 | | SAP SAP | 3451 | ↑ 0.85% | 295.84 | | O Palantir | 3242 | 1 2.92% | 141.41 | | ASML 阿斯麦 | 3061 | ↑ 1.87% | 775.23 | | 一星 | 2809 | ↑ 1.57% | 42.64 | | 阿里巴巴 | 2765 | 1 2.74% | 115.96 | | IEM IBM | 2619 | 1.66% | 281.83 | | cisco 思科 | 2594 | ↑ 2.22% | 65.51 | | 赛富时 | 2522 | ↑ 2.12% | 263.88 | | 财捷 | 2142 | ↑ 1.87% | ...

Shares of Oracle Corporation ORCL are gave back some of their recent gains on Monday. The shares rallied almost 20% in just three days, fueled by a strong earnings report and upbeat guidance.But now the shares are extremely overbought. We have made it our Stock of the Day because stocks that are overbought tend to reverse and sell off.Most of the time, a stock stays within its average or typical trading range.If there is aggressive and emotional trading, traders may push it below this range. When this happe ...

Core Insights - Oracle delivered strong fourth-quarter fiscal 2025 results, exceeding expectations, but caution is advised due to execution challenges despite cloud momentum [1][11][21] Financial Performance - Total revenues for the quarter ending May 31, 2025, reached $15.9 billion, reflecting an 11% year-over-year growth [2] - Cloud infrastructure services revenue surged 52% to $3 billion, while total cloud revenues increased 27% to $6.7 billion [2][11] - Remaining Performance Obligations hit $138 billion, a 41% increase, indicating strong future revenue visibility [3] - Fiscal 2026 total revenue guidance exceeds $67 billion, with cloud revenues expected to grow over 40% in constant currency [4][5] Strategic Positioning - Oracle's focus on AI and multi-cloud strategies is driving growth, with multi-cloud database revenues increasing 115% from Q3 to Q4 [7] - Partnerships with AMD and NVIDIA enhance Oracle's AI infrastructure capabilities, positioning the company to meet growing AI demand [8][9] Valuation and Market Position - Oracle's premium EV/EBITDA multiple of 21.06x suggests limited room for execution missteps [11][13] - The stock trades at a 3-year EV/EBITDA multiple of 26.7x, significantly above the industry average of 19.24x, indicating high expectations for growth [13] - Competitive pressures from major players like Amazon Web Services, Microsoft Azure, and Google Cloud pose challenges despite Oracle's differentiation in database workloads [16] Year-to-Date Performance - Oracle shares have increased by 29.2% year-to-date, outperforming the Zacks Computer and Technology sector [17] Future Outlook - The upcoming fiscal 2026 is critical for Oracle to convert its backlog into revenue while managing capital investment requirements [22][23]

Did you analyze how Oracle (ORCL) fared in its international operations for the quarter ending May 2025? Given the widespread global presence of this software maker, scrutinizing the trends in international revenues becomes imperative to assess its financial strength and future growth possibilities.In the current global economy, which is more interconnected than ever, a company's success in penetrating international markets is crucial for its financial health and growth journey. Investors must understand a ...

Investment Rating - The report maintains a "Buy" rating for key companies in the telecommunications sector, including China Mobile, Zhongji Xuchuang, Xinyi Sheng, Tianfu Communication, and others [10][50]. Core Insights - The report highlights the significant growth in AI training demand in North America, as evidenced by the strong performance of Oracle and CoreWeave in Q1 2025. Oracle observed a broad increase in AI training demand from multiple clients and raised its capital expenditure forecast for FY26. CoreWeave's revenue reached $982 million, exceeding market expectations by 14%, driven by substantial orders from major clients like Microsoft and OpenAI [2][3][14]. - The report suggests that the recent acceleration in overseas AI infrastructure development presents investment opportunities in related supply chains, including optical modules, CPO, copper connections, and AIDC [2][3][20]. Summary by Sections Market Performance - The telecommunications index fell by 0.78% last week, while the Shanghai Composite Index and Shenzhen Component Index decreased by 0.25% and 0.60%, respectively [2][13]. Key Companies and Developments - Oracle's Q1 FY25 revenue was $15.9 billion, an 11% year-over-year increase, with cloud infrastructure revenue growing by 52%. The company plans to invest over $25 billion in capital expenditures next fiscal year due to observed AI training demand [14][15]. - CoreWeave reported Q1 FY26 revenue of $982 million, a 420% year-over-year increase, driven by strong AI training demand from major clients. The company signed a $11.9 billion contract with OpenAI and has a remaining performance obligation of $25.9 billion [15][20]. Recommended Companies - The report recommends several companies for investment, including: - China Mobile (600941 CH) with a target price of 126.40 and a "Buy" rating - Zhongji Xuchuang (300308 CH) with a target price of 164.78 and a "Buy" rating - Xinyi Sheng (300502 CH) with a target price of 128.76 and a "Buy" rating - Tianfu Communication (300394 CH) with a target price of 119.12 and a "Buy" rating - Other companies such as Ruijie Networks and Hengtong Optic-Electric are also recommended [10][50][51].

Investment Rating - The industry investment rating is "Outperform the Market," indicating an expected industry index increase of over 5% in the next six months [40]. Core Insights - The report highlights a strong demand for AI infrastructure, as evidenced by Oracle's financial results, which exceeded expectations, and OpenAI's new model pricing significantly dropping [3][10]. - The AI industry is transitioning from a capability validation phase to large-scale commercialization, with increasing usage and revenue from AI applications [3][26]. Summary by Relevant Sections Oracle - Oracle's FY25Q4 revenue reached $15.9 billion, a year-on-year increase of 11%, surpassing Bloomberg's consensus estimate [10]. - Remaining Performance Obligations (RPO) reached $138 billion, an increase of 41% year-on-year, with cloud RPO accounting for nearly 80% [10][15]. - The company expects FY26 RPO growth to exceed 100%, driven by strong demand for cloud infrastructure [11][15]. Adobe - Adobe reported a record quarterly revenue of $5.87 billion, a year-on-year increase of 11%, exceeding expectations [16]. - The company raised its revenue guidance for FY25, driven by strong performance in its AI-driven products [18]. - The Firefly AI platform saw a 30% quarter-on-quarter increase in traffic, with paid subscriptions nearly doubling [18]. Global AI Dynamics - ByteDance's new models, including the Doubao 1.6, have seen a 137-fold increase in daily token usage compared to last year, indicating rapid growth in AI application demand [26]. - OpenAI's o3-Pro model was released with an 80% price reduction, significantly enhancing the cost structure for AI applications [30]. - AMD launched the Instinct MI350 series AI chips, boasting a 35-fold increase in inference performance, positioning itself competitively against NVIDIA [35].

报告要点 [Table_Summary] 2025 年第 24 周，通信板块下跌 0.55%，在长江一级行业中排名 18 位；2025 年年初以来，通 信板块上涨 1.32%，在长江一级行业中排名第 18 位。Oracle FY25Q4 云收入同比增长 27%， IaaS 年收入突破百亿美元并大幅扩产，豆包 1.6 模型发布推动 Agent 能力与性价比双提升，产 业链算力与 AI 应用持续提速。AI 与算力主线景气延续，板块估值处于历史低位，具备较高配 置性价比。 分析师及联系人 [Table_Author] 于海宁 SAC：S0490517110002 SFC：BUX641 请阅读最后评级说明和重要声明 丨证券研究报告丨 行业研究丨行业周报丨通信设备Ⅲ [Table_Title] 通信行业周观点：Oracle 云收入高增，Agent 规 模化落地在望 %% %% %% %% research.95579.com 1 通信设备Ⅲ cjzqdt11111 [Table_Title 通信行业周观点： 2] Oracle 云收入高增，Agent 规 模化落地在望 [Table_Summary2] 板块行情 202 ...

Core Insights - Oracle is experiencing significant growth, with all financial metrics showing strong performance and a positive trajectory ahead [1] Company Analysis - The company is leveraging a combination of human and algorithmic intelligence to identify missed opportunities across various sectors [1] - The analysis and calls made by the company are generally long-term and based on rigorous research [1]

12 June 2025 | 5:31AM PDT Oracle Corp. (ORCL) OCI AI Training Momentum Drives Ambitious FY26 Growth and RPO Targets ORCL 12m Price Target: $195.00 Price: $176.38 Upside: 10.6% We reiterate our Neutral rating and raise our PT to $195 ($145 prior) after strong F4Q results, which came in above Consensus on Revenue (+2%), Gross Profit (+1%), OpM (+40bps), and -200% below on FCF (as CapEx came in +140% higher than expected). The stock is +8% AH – reflecting the quarterly beat, +100bps raise on FY26 revenue guida ...

Market Insights | Markets | Equities 市场洞察 | 市场动态 | 股票板块 markets / macro 市场 / 宏观 FICC and Equities | 14 June 2025 | 10:37AM UTC 固定收益、货币及⼤宗商品与股票业务 | 2025 年 6 ⽉ 14 ⽇ | 协调世界 时上午 10:37 the character of this week was decidedly uneven: some good macro news (CPI) and good micro news (ORCL) was mixed with some positioning issues and renewed geopolitical volatility. 本周市场表现明显参差不⻬：利好的宏观数据（CPI）与积极的微观消息（甲⻣⽂ 财报）交织着仓位调整问题与地缘政治波动重燃的阴霾。 point-to-point, S&P was down a touch, and sits 3% from the February highs. 逐点来看，标普 500 指数 ...