UBS Maintains Buy Rating on Oracle Corp with a Target Price of USD 135

Oracle Corporation, recognized as the premier business software publisher globally, continues to uphold its strong stance in the market. UBS analyst Karl Keirstead recently reviewed the company’s stock performance and has reiterated a Buy rating on the stock. Keirstead retains confidence in Oracle, sustaining a target price of USD 135.

Oracle's Diverse Revenue Streams

With its expansive portfolio, Oracle derives the bulk of its net sales, approximately 71.1%, from its robust combination of software license support and cloud services. Furthermore, sales of cloud and on-premise software licenses, accounting for 13.9% of net sales, showcases Oracle’s compelling offerings in database software, customer relationship management, supply management, and various other decision support applications.

Global Sales Distribution

In the global market, Oracle demonstrates a broad reach with the United States contributing a substantial 47.7% to net sales. Other significant markets include the United Kingdom at 5.5%, Japan at 4.4%, Germany at 4.2%, and Canada at 3.2%, with the remaining 35% spread across various international regions. This widespread distribution underscores Oracle's expansive influence and the diverse demand for its services and products across different economies.

Oracle, Rating, UBS