$Oracle(ORCL)$ A $450 price target by 2030 is not unrealistic. Based on Oracle's projected FY2030 adjusted EPS of $21, here is what different P/E multiples imply: 15x P/E gives $315, 18x gives $378, 20x gives $420, 22x gives $462, 25x gives $525, and 30x gives $630. A $450 share price implies a P/E of just 21.4x. If Oracle delivers its projected 35%+ annualized revenue growth through FY2030 while continuing to expand its AI cloud business, a 21.4x forward earnings multiple would hardly be aggressive. $Intel(INTC)$ $Palantir Technologies Inc.(PLTR)$ $NVIDIA(NVDA)$
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AI developers: $Anthropic(ANT)$ and OpenAI develop models and AI products.
Cloud providers: $Amazon.com(AMZN)$ and $Microsoft(MSFT)$ provide computing infrastructure and