$188.16
-7.5% vs S&P 12m
Business overview
Oracle Cloud Infrastructure (OCI) has become a meaningful third-source AI compute supplier with multi-billion dollar OpenAI/xAI/Meta contracts.
OCI's AI backlog has re-rated the stock; durability of those mega-deals and capex absorption are the swing factors.
Products
- OCI
- Database
- ERP/HCM applications
Competitors (3)
Composite score
Higher = stronger overall research case
Fundamental57
Technical47
Valuation76
AI relevance80
Risk-adjusted (higher = safer)36
Segment-relative fundamental percentile: 29
Synthetic 1Y price action
Deterministic price series; 50d (yellow) and 200d (orange) MAs shown
3M RS: 11.9%6M RS: -25.8%12M RS: -7.5%Vol30d: 61%DD52w: -42.7%
Financial summary
Curated, illustrative
Revenue
$64.08B
Growth (YoY)
21.7%
Gross margin
67.1%
Operating margin
32.7%
FCF
$-22.30B
Capex
$45.81B
Net cash / (debt)
$-123.03B
ROIC
6.3%
Customer conc.
Medium
Valuation
Market cap
$541.16B
Enterprise value
$664.19B
P/E (TTM)
33.8x
Forward P/E
23.4x
EV / Sales
10.4x
EV / EBITDA
24.2x
P / FCF
—
PEG
1.2x
Rule of 40
—
Risks
Severity 1 (low) to 5 (severe)
- 4AI backlog conversion risk
- 4High net debt
- 5Customer concentration on a handful of AI mega-deals
Score components
What drove the composite
Growth73
Profitability87
Cash generation20
Balance sheet24
Moat / AI relevance88
Capital intensity (higher = lighter)20
Customer diversification60
Valuation discipline (dilution)65
Trend (MA50/MA200)29
Momentum (3/6/12m)53
Relative strength77
Realized vol (higher = lower vol)32
Segment peers
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