Oracle Stock Skyrockets on $30 Billion Deal

Oracle (ORCL) stock is on the rise, gaining 40% in the last month and 42% year-to-date, outperforming the S&P 500. Fourth quarter earnings for fiscal 2025 show $3.4 billion net income, $1.70 per share, and $15.9 billion revenue, beating estimates. Cloud revenue grew 27% to $6.7 billion. Guidance for fiscal 2026 predicts revenue of at least $66 billion.

A new deal worth over $30 billion annually caused Oracle shares to surge 4%. CEO Safra Catz is optimistic about the company’s performance, citing recent cloud service deals. Oracle is also active in artificial intelligence initiatives and expanding partnerships with companies like IBM. Analysts give Oracle a consensus “Moderate Buy” rating with a mean price target of $219.78.

Read more at Yahoo Finance: A $30 Billion Reason to Buy Oracle Stock Now