Oracle Corporation (NYSE:ORCL) received a Buy rating from UBS with a price target of $380.00 following analyst Karl Keirstead’s attendance at Oracle’s AI World event. Customers expressed intentions to grow Oracle investments, while partners reported accelerating growth rates. Oracle’s sales reorganization led to a more customer-friendly approach.

Despite the positive outlook, there was no evidence of major migrations to Oracle from competitors like AWS, Microsoft Azure, or Google Cloud. Interest in migrating Oracle databases to Microsoft Azure is high, but transitions are expected to start in the second half of 2026 or 2027. Oracle is a database management and cloud service provider.

UBS analysis revealed that Oracle has significant potential, but other AI stocks may offer greater upside with less downside risk. For those seeking an undervalued AI stock, a free report on the best short-term AI stock is available. Check out 10 AI Stocks Analysts Are Watching Closely and 10 Trending AI Stocks on Wall Street’s Radar for more insights.

Read more at Yahoo Finance: UBS Reiterates Buy on Oracle (ORCL) with $380 Target After AI World Event Insights