Oracle Corporation (NYSE:ORCL) is highlighted as one of the AI Stocks in the Spotlight For Investors. UBS analyst Karl Keirstead raised the stock’s price target to $360.00 and maintained a Buy rating following Oracle’s disclosure of $317 billion in incremental backlog. The company’s cloud infrastructure segment is projected to grow from $10 billion in fiscal year 2025 to $144 billion in fiscal year 2030. OpenAI has reportedly signed a contract with Oracle to purchase $300 billion in computing power over five years. The quarter’s key highlight was the significant backlog increase, driving Oracle’s cloud infrastructure growth forecast.

Oracle Corporation (NYSE:ORCL) is a database management and cloud service provider. While the potential for ORCL as an investment is acknowledged, some AI stocks are seen to offer greater upside potential with lower downside risk. For those seeking an undervalued AI stock with benefits from current trends, a free report on the best short-term AI stock is recommended.

Read more at Yahoo Finance: Oracle’s (ORCL) Cloud Business Set to Grow 14x by 2030, UBS Says