盘前市场动向 1. 6月12日(周四)美股盘前，美股三大股指期货齐跌。截至发稿，道指期货跌0.62%，标普500指数期货跌0.47%，纳指期货跌 0.46%。 | = US 30 | 42,600.00 | 42,887.50 | 42,568.00 | -265.80 | -0.62% | | --- | --- | --- | --- | --- | --- | | = US 500 | 5,993.90 | 6,027.90 | 5,984.40 | -28.40 | -0.47% | | 트 US Tech 100 | 21,760.40 | 21,874.10 | 21,699.30 | -100.40 | -0.46% | 2. 截至发稿，德国DAX指数跌1.29%，英国富时100指数跌0.05%，法国CAC40指数跌0.74%，欧洲斯托克50指数跌0.97%。 | 德国DAX30 | 23,665.88 | 23,811.00 | 23,616.69 | -310.23 | -1.29% | | --- | --- | --- | --- | --- | --- | | 瑞 英国富时100 | ...

TD COWEN：将甲骨文(ORCL.N)目标价由210美元上调至225美元。 ...

德意志银行将甲骨文的目标股价由200美元上调至240美元。 ...

摩根大通将 甲骨文的目标价从135美元上调至185美元。 ...

智通财经6月12日电，摩根大通将甲骨文目标股价从135美元上调至185美元。 ...

Core Insights - Oracle's fourth-quarter results exceeded Wall Street expectations with earnings of $1.70 per share and sales of $15.9 billion, surpassing consensus estimates of $1.64 and $15.6 billion respectively [2] - The growth in cloud services, particularly cloud infrastructure, was a significant driver, with a 52% increase in Q4 and a projected 70% growth for fiscal year 2026 [2] - Following the positive results, Oracle's stock rose 8% to approximately $190 in extended trading [2] Financial Performance - Oracle's revenues have shown notable growth, with a 10.7% average annual increase over the last three years compared to 5.5% for the S&P 500 [8] - In the last 12 months, revenues grew 8.4% from $53 billion to $57 billion, while quarterly revenues increased 11% to $16 billion from $14 billion a year ago [8] - The company reported an operating income of $18 billion, resulting in a high operating margin of 30.8% [15] Valuation Metrics - Oracle's price-to-sales (P/S) ratio stands at 9.5, significantly higher than the S&P 500's 3.0, and its price-to-earnings (P/E) ratio is 43.7 compared to the benchmark's 26.4 [8] - The current P/S ratio of 9.5 is above Oracle's three-year average of 6.6, reflecting a justified increase in valuation due to strong growth prospects [12] Financial Stability - Oracle's balance sheet is described as neutral, with a debt figure of $104 billion and a market capitalization of $494 billion, resulting in a moderate debt-to-equity ratio of 21.0% [15] - Cash and cash equivalents amount to $11 billion out of total assets of $168 billion, leading to a cash-to-assets ratio of 6.7% [15] Resilience During Downturns - Oracle's stock has shown resilience during market downturns, outperforming the S&P 500 in several recent crises [11][16] - The stock fully recovered from significant declines during past market crises, indicating strong recovery potential [16]

加皇银行将甲骨文目标价从145美元上调至195美元。 ...

智通财经6月12日电，杰富瑞将甲骨文目标价从200美元上调至220美元。 ...

What to Expect from the Stock Market Tomorrow With tomorrow being Thursday, as per normal, we'll see Weekly Jobless Claims once again. Last week showed something of an uptick in new claims — as well as longer-term claims remaining at fairly elevated levels — so it will be interesting to see if this narrative was temporary or ongoing. Also, the sister report to CPI, the Producer Price Index (PPI) reports on May's wholesale price levels. Expectations are for monthly PPI to swing to positive on both headline a ...

Financial Performance - Oracle reported fiscal 2025 fourth-quarter revenue of $15.9 billion, an 11% increase, and annual revenue of $57.4 billion, up 9%, surpassing earlier guidance [1] - The company raised its fiscal 2026 revenue target to over $67 billion, forecasting a 16% growth [1] - Cloud revenue grew by 27% to $6.7 billion in the quarter, with remaining performance obligation (RPO) rising 41% to $138 billion [1] Capital Expenditures and Supply Constraints - Oracle's cloud infrastructure services reached an annualized revenue run rate of nearly $12 billion, but supply was insufficient to meet demand [2] - The company laid out $9.1 billion in capital expenditures, resulting in negative free cash flow of $2.9 billion [2] - Projected capex for fiscal 2026 is expected to exceed $25 billion, up from $21.2 billion in fiscal 2025, primarily for revenue-generating data center equipment [2] Strategic Positioning in AI and Database - Oracle's database business is crucial for cloud migrations and AI integration, with autonomous database consumption revenue surging 47% [4] - The company positions itself as a key enabler for enterprises to utilize their data with popular AI models, enhancing its database business growth potential [5] - Oracle's ability to operationalize AI securely across multicloud environments differentiates its offerings, benefiting from global AI adoption [5] SaaS Growth and Market Strategy - Annualized revenue from strategic back-office SaaS applications rose 20% to $9.3 billion [6] - The company is gaining market share by providing end-to-end vertically integrated product suites, reducing the need for multivendor integration [6] - Oracle aims to consolidate customers transitioning from legacy systems, expanding its long-term recurring revenue base [8] Future Outlook - Management guided for fiscal 2026 revenue of at least $67 billion, with RPO projected to grow by more than 100% [9] - The company expects to exceed previously stated revenue growth targets for fiscal 2027 and fiscal 2029 [9]