Oracle (ORCL) Reports $664 Billion Backlog-to-Revenue Ratio in 2026
Published on · Source: finance.yahoo.com
AI Summary
Summarized by AI from the source belowOracle's (ORCL) share price is down about 28% year-to-date and 57% from its lifetime high. However, the company reported a remaining performance obligation (RPO) of $664 billion, which suggests strong demand for its cloud infrastructure services. Over the past twelve months, Oracle's sales reached approximately $71.8 billion, indicating its backlog is 9.2 times recent sales. With guidance pointing to an expected revenue growth of around 34% this year and earnings growth of about 19%, investors may see significant returns if Oracle successfully capitalizes on its AI initiatives.
Informational only, not financial advice. Content is AI-generated and may contain errors. How this works.
About Oracle Corporation (ORCL)
Oracle is an enterprise-software veteran best known for its databases, now expanding aggressively in cloud infrastructure and applications.
The Information Technology sector covers hardware, software and semiconductor companies driving the digital economy.
Earlier ORCL news
- AVGO, ORCL and MU: Analyzing AI Infrastructure Stocks Post-Selloff
- Oracle (ORCL) Reports $664B Backlog and 121% Cloud Revenue Growth
- Oracle Founder Larry Ellison to Sell Up to $7.5bn in Stock
- Oracle (ORCL) Earnings Report Addresses Bear Cases
- Premarket Stock Moves: GameStop, Oracle, Adobe Insights
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