Is Oracle the next big cloud giant? Why these analysts think the stock can rally nearly 30% from here.

Core Insights - The company has set an ambitious forecast aiming to nearly quadruple its revenue by fiscal 2030 [1] - The company's backlog has surpassed the $500 billion mark, indicating strong future demand [1] Revenue Forecast - The company is targeting a significant increase in revenue, with plans to nearly quadruple it by fiscal 2030 [1] Backlog Status - The current backlog has exceeded $500 billion, reflecting robust order intake and future growth potential [1]