Oracle stock may climb higher than $250 price target due to strong earnings and growth projections
From Yahoo Finance: 2025-07-01 11:36:00
Oracle Corp. (ORCL) has seen a 55% surge in stock price in the last three months, indicating strong momentum in the technology sector. Robust fourth-quarter results and double-digit revenue growth set the stage for further upside in fiscal 2026, with total revenue surging and cloud services driving significant increases.
Oracle’s focus on cloud applications like ERP and AI agents positions it as a leader in enterprise solutions. The company’s Autonomous Database and AI data platform cater to AI-driven enterprises, with a revenue projection of over 70% growth for Oracle Cloud Infrastructure (OCI) in fiscal year 2026.
With an anticipated revenue exceeding $67 billion for FY26 and a growing cloud backlog, Oracle remains poised for sustained growth. Management foresees accelerated cloud revenue growth of over 40% in 2026, with its Cloud Infrastructure growth projected to surge from 50% to more than 70%, signaling robust demand and leadership in the enterprise cloud solutions market.
CEO Safra Catz highlighted a strong start to FY26, with Oracle’s MultiCloud database business growing over 100%. The company’s MultiCloud offering, which integrates with major competitors like Microsoft Azure and Amazon AWS, provides flexibility for enterprises. Oracle’s Cloud@Customer offering and multi-cloud data centers are also experiencing rapid growth, with revenue up 104% year-over-year.
Wall Street’s highest price target of $250 for Oracle stock suggests further potential gains, backed by solid earnings, a fast-growing cloud business, expanding AI capabilities, and a strong multi-cloud strategy. With strong momentum and growth projections, Oracle stock may climb even higher than the highest price target in the near future.
Read more at Yahoo Finance: Wall Street Eyes $250 for Oracle, But Could ORCL Stock Climb Even Higher?