Oracle beat Q1 estimates as cloud revenue surged and AI contracts topped $30B; analysts highlighted strong OCI growth and raised forecasts.
Oracle signed $30B in AI infrastructure contracts, lifting RPO to $664B with cloud revenue up 61%. RPO conversion accelerating with 850 MW deployed, positioning Oracle as a credible hyperscaler AI infrastructure alternative.
Oracle Corp (NYSE:ORCL) Thursday reported upbeat fiscal first-quarter results.
Here are some key analyst takeaways:
Guggenheim Securities analyst John DiFucci reiterated a Buy rating and price target of $400.
Citizens JMP Securities analyst Patrick Walravens maintained a Market Outperform rating and price target of $285.
Stephens analyst Brett Huff reaffirmed an Equal Weight rating and price target of $175.
Sept 11 : Oracle shares rose 6 per cent before the bell on Friday after it reported a $26 billion jump in first-quarter revenue…
Sept 11 : Oracle's shares gained 3 per cent in early trading on Friday after a $26 billion jump in revenue backlog eased some…
Oracle shares rose significantly after reporting strong quarterly results. The company secured over thirty billion dollars in new…
Oracle Corp (NYSE:ORCL) reports fourth-quarter financial results for fiscal 2026 after the closing bell on Wednesday.
Oracle boosted its revenue backlog total by $30 billion during the February quarter.
The initial spike in ORCL shares may not last once the algos start fading the initial euphoria.
