From Zacks Investment Research: 2025-06-27 13:00:00

Oracle’s collaboration with xAI to deploy Grok models via OCI is expected to boost cloud service revenues. OCI offers end-to-end solutions for enterprise workloads, including AI services. Partnerships with Cohere, LLAMA 2, and NVIDIA have enhanced OCI performance. Total cloud revenues expected to grow 26-30% in Q1 2026 and over 40% in fiscal 2026. Oracle faces competition from Alphabet and Amazon in the cloud services market. ORCL’s shares have outperformed industry averages and competitors YTD. The Zacks Consensus Estimate projects growth in revenue and earnings for fiscal 2026. Oracle currently holds a Zacks Rank #3 (Hold).



Read more at Zacks Investment Research: Oracle Benefits From AI Cloud Service Adoption: A Sign of More Upside? – June 27, 2025