Recent reports highlight that Oracle Corporation (ORCL)'s long-term investments are beginning to yield positive results with the firm's cloud business witnessing 27% growth. Oracle's collaborations for 'mega deals' are fuelling this growth, leading Jefferies to increase the company's price target. Despite some analyst warnings that Oracle may need to raise cash soon, the firm's stock has grown 17.6% since the last earnings report. Key growth factors include the expansion of Oracle's cloud presence with a new Indonesian center and the firm's collaboration with OpenAI.
The firm has also been offering substantial software discounts to the U.S. government. There have been suggestions Oracle's stock could hit $275 by 2025. Alongside these developments, OpenAI's commitment to Oracle's Stargate infrastructure has caused the company’s stock to soar.
Oracle's database launched on AWS, marking the expansion of cloud options. The firm solidified its top position in the Gartner Magic Quadrant due to their implementation of AI-powered analytics. However, concerns around Oracle's loss of a key contract led to a warning from Jim Cramer. Nevertheless, with robust business growth, the firm continues to outperform the S&P 500.
Oracle Corp ORCL News Analytics from Mon, 03 Mar 2025 08:00:00 GMT to Fri, 11 Jul 2025 15:30:01 GMT - Rating 8 - Innovation 7 - Information 9 - Rumor -4
