Is Oracle Stock a Buy for AI Upside?

From Nasdaq: 2024-05-21 10:51:28

In the fast-evolving world of artificial intelligence (AI), Oracle emerges as a promising investment with strong growth potential. Boasting a long history of stable earnings, Oracle recorded revenue and earnings growth over the past five years. Recent wins in the AI sector, including a $10 billion cloud contract with xAI, highlight Oracle’s foothold in the industry. Analysts remain bullish on Oracle stock, with a mean target price of $136.39, indicating an upside potential of about 9.5% from current levels.



Read more at Nasdaq: Is Oracle Stock a Buy for AI Upside?