Oracle (ORCL) closed at $247.71 in the latest trading session, marking a +1.06% move from the prior day.
Oracle is experiencing a major resurgence, driven by strong investments in Oracle Cloud Infrastructure and a robust application software portfolio. Multi-year, non-cancelable deals are fueling a surge in backlog, with management expecting RPO to double in FY26—unprecedented for a large-cap tech company. Oracle's revenue growth is accelerating, with projections of 16% y/y in FY26 and further gains in FY27, justifying its growth stock status despite a richer valuation.
ORCL stock delivered strong gains year-to-date, fuelled by the rapid deployment of the AI infrastructure pipeline. The valuation accumulated a notable premium, but the market sentiment has shifted, valuing the profitability factor now to a greater extent. ORCL has a potential for up to 11% incremental upside when incorporating profitability into evaluations.
Whenever there is a high level of conviction that a certain stock will make a move shortly, investors can observe an anomaly, specifically in terms of volume for that stock. However, not all volume is equal, as share volume is not the same as options volume.
Oracle (ORCL) reached $238.11 at the closing of the latest trading day, reflecting a -2.23% change compared to its last close.
OpenAI was the company that signed a $30 billion per year deal with Oracle for data center services, disclosed last month, The Wall Street Journal reported on Monday. Now, OpenAI CEO Sam Altman has confirmed the details of the contract (but not the dollar amount) in an X post on Tuesday and in a company blog post.
ORCL expands Exadata reach via AWS, Azure and Google Cloud, aiming to lift hardware growth despite steep competition and valuation concerns.
Oracle's stock rose more than 3% on Thursday, moving ever closer to a $700 billion market cap.
Zacks.com users have recently been watching Oracle (ORCL) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
The software giant's stock has surged as artificial-intelligence deals fill its backlog, but high valuation creates risks.
The latest trading day saw Oracle (ORCL) settling at $234.96, representing a +2.48% change from its previous close.
Oracle (ORCL) on Tuesday said it would invest a total of $3 billion upgrading its cloud infrastructure at its facilities in Germany and the Netherlands amid the tech industry's growing demand for artificial intelligence hosting capacity.