# Currently, Oracle carries a Zacks Rank #3 (Hold)
#Amphenol (APH - Free Report) , NVIDIA (NVDA - Free Report) and CommScope (COMM - Free Report) are some better-ranked stocks in the broader Zacks Computer & Technology sector.
# Oracle posts $16.1B Q2 revenues, up 14% but missing estimates and sending shares lower.
- Cloud revenues hit $8B as infrastructure surges 66% and backlog jumps to $523B.
- Oracle's CapEx spikes to $12B, driving free cash flow to negative $10B for the quarter
# Oracle's Q2 earnings and revenues rose year over year, driven by accelerating cloud momentum.
- ORCL saw cloud infrastructure revenues jump 68% as AI demand and multicloud growth surged.
- Oracle added $68B in new commitments, lifting Remaining Performance obligations to $523B.
Conclusion
Given elevated capital expenditures pressuring near-term cash flows, competition from Microsoft, Amazon, and Google in cloud infrastructure, and premium valuation metrics, current investors should hold positions while prospective buyers await a more attractive entry point following improved operational execution and cash flow generation. ORCL stock currently carries a Zacks Rank #3 (Hold).
