Technology

Report by Abacus Research

ORCL is entering a new phase of AI-driven growth, with a forecast 20-27% EPS CAGR through 2029. Abacus believes the company's success in cloud infrastructure (OCI) is now well-established, underpinned by accelerating demand and supportive long-term bookings. AI is driving a data layer investment cycle, boosting demand for modern databases - an area where ORCL is gaining share. A major potential upside comes from the $30bn Stargate contract, which Abacus forecasts will add ~$3.59 to EPS from 2028, leading to their FY29 estimate of ~$15.50 and supporting their TP of $400 (+70%). Despite some recent multiple expansion, they argue the full earnings potential is not yet priced in.

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Report by Alembic Global Advisors

Hassan Ahmed argues that the recent uptick in methanol prices is sustainable in the near-to-medium term based on cost curve support, potentially higher oil prices and tightening supply / demand fundamentals. Marginal methanol producers are making razor-thin margins at current prices, suggesting limited (if any) pricing downside. Beyond 2024, Hassan expects limited new methanol capacity builds, with demand growth outstripping supply growth and global utilisation rates tightening. He also anticipates that MEOH’s FCF generation will accelerate post-2024 as a result of the Geismar 3 start-up. Over the next five years, MEOH can cumulatively provide over 65% of its current share price in excess cash flow (excl. the acquisition of OCI's assets). 12-month TP $60 (30% upside).

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Report by Smart Insider

Nassef Sawiris (Chair since 2021, CEO since 1998) has purchased €251m of stock at €20.60, increasing his stake by 18%. He has a strong record as a buyer across his previous 44 trades, qualifying as a "Smart Buyer". The latest purchase is notable for its size, it is 6x larger than any previous purchase and comes after the shares have doubled from the lows. Stock Rank +1 (highest rating).