From Yahoo Finance: 2025-06-13 16:45:00

Oracle’s stock surged after a strong earnings report, leading to multiple analyst upgrades and a subsequent increase in price targets. The company’s revenue and adjusted EPS beat expectations, with CEO Safra Catz raising fiscal 2026 guidance to $67 billion, driven by cloud growth. Can Oracle become a major player in AI?

Investors were initially concerned about Oracle’s ability to compete in the cloud market, but recent performance and guidance have silenced critics. The company’s focus on cloud infrastructure is capitalizing on the increasing demand driven by artificial intelligence. Oracle’s stock continues to rally, outperforming the broader tech sector.

Analysts, including those from Goldman Sachs and BMO Capital Markets, raised price targets for Oracle following its strong earnings report. The company’s stock surged over two consecutive days, with notable analyst support contributing to the positive momentum. Oracle’s growth outlook and cloud strategy are attracting investor attention.

Read more: Why Oracle Rallied Today for the Second Day in a Row