Oracle: By 2030, EPS Could Double or Even Triple – Single-Digit P/E. Reasons to Buy the Stock!

After a 60% price correction from the 52-week high, Oppenheimer upgraded the Oracle (i) stock from "Perform" to "Outperform," which has a price-to-earnings ratio of only 18. The price target is set at 185 USD. Oppenheimer cites several reasons for the new rating: Even if management's goals are cut by 25%, EPS should double by 2030. In an optimistic scenario, a tripling is even possible. AI Winner: While traditional software providers (SaaS) may come under pressure due to AI, Oppenheimer sees Oracle as largely immune and benefiting directly...