Oracle Smashes Analyst Expectations, How Good Can It Get?
From Nasdaq:
Oracle Corporation (NYSE: ORCL) saw a 20% gain after a strong fiscal Q3 earnings report, with earnings per share beating expectations. CEO Safra Catz anticipates sustained demand for cloud infrastructure, setting a goal of $65 billion in sales by fiscal 2026. With a street-high price target of $150, Oracle shows potential for a 15% upside from current levels. The stock is set to open at an all-time high, signaling a new chapter for the company. Oracle’s recent performance marks a shift from previous lethargic trading to potential for sustained growth.
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