This Will Be Oracle’s Stock Price in 2030
-
Oracle is forecasting a significant acceleration in growth through 2030, owing to the terrific demand for its cloud infrastructure.
-
Importantly, Oracle seems to have a big-enough contract backlog that should allow it to achieve its goals.
-
The potential growth in Oracle’s revenue and earnings should ideally translate into a healthy jump in its stock price by the end of the decade.
The past five years have been quite rewarding for Oracle (NYSE: ORCL) investors. An investment of $1,000 in Oracle stock five years ago is worth more than $4,600, as of this writing.
The phenomenal rally in Oracle stock in the past five years has helped it become the 13th largest company in the world,…
