Oracle Gains While $664 Billion Backlog Tests Capital Discipline

This article first appeared on GuruFocus. Oracle (NYSE:ORCL), the database and AI-cloud infrastructure provider, reported more than $30 billion of fresh AI-cloud contracts during its fiscal first quarter, adding another huge block of demand to an already swollen backlog. Shares gained approximately 1.3% to $149.47. The valuation picture is striking: Oracle trades 22.15% below its GF Value estimate of $191.99, suggesting the market is still discounting how efficiently the company can turn its AI backlog into cash. Warning! GuruFocus has detected 6 Warning Signs with ORCL. Is ORCL fairly valued? Test your thesis with our free DCF calculator.ORCL GF Value chartOracle Gains While $664 Billion Backlog Tests Capital Discipline·us.finance.