Oracle Corp (NYSE:ORCL, XETRA:ORC) is seeing a modest improvement in technology spending trends heading into its fiscal second quarter earnings report, according to Jefferies analysts who maintained a ‘Buy' rating and $400 price target on the company. The firm's price target implies significant upside from current levels of $222, and shares have also added 33% this year.
Oracle's stock is coming off its worst month since 2001 due to Wall Street's concern about the company's debt obligations tied to artificial intelligence. In the company's earnings report on Wednesday, investors will be listening closely for signs that AI demand justifies Oracle's aggressive buildout plans.
Synopsys increased by 18% over the past month. You may find yourself considering whether to purchase additional shares or looking to lessen your investment.
Oracle remains uniquely positioned within the enterprise AI infrastructure space.
For a few brief weeks in September and October, Oracle was on top of the artificial-intelligence revolution.
Oracle (ORCL) is set to report its latest quarterly results after the market closes on Wednesday, with traders expecting a big move in the tech giant's stock following the report.
Three months ago, Oracle (ORCL) was trading at an all-time high of nearly $346, driven by ambitious expansion plans and a narrative focusing on nuclear-powered data centers. Currently, with the stock trading around $217, the company has lost almost 40% of its market value.
Sarat Sethi, DCLA Managing Partner, joins 'Closing Bell Overtime' to talk this week's trading catalysts.
Oracle Corporation is entering Q2 earnings with low expectations and much negativity priced in, and I think that sets the stage for a potential upside surprise. Oracle's relative underperformance versus AI and cloud peers reflects a valuation and narrative reset, not a deterioration in fundamentals. Oracle's infrastructure-critical role in AI platforms and enterprise adoption supports a less cyclical, less speculative growth profile.
ORCL faces execution risks and elevated debt despite AI momentum. Investors should await better entry points ahead of Q2 fiscal 2026 results amid premium valuations.
Digi Power X Inc (NASDAQ:DGXX, TSX-V:DGX) announced the appointment of Silicon Valley engineering leader Jagan (“Jag”) Jeyapaul as its new chief technology officer. The company said Jeyapaul joins with a background that includes roles at Oracle, Equinix and VeriSign, where he worked on large-scale cloud and data-center platforms, automation across more than 200 data centers, machine learning-driven observability systems, global engineering operations and secure interconnection and API ecosystems.
Oracle Corporation (NYSE: ORCL) spent two decades as a database giant before pivoting hard into cloud infrastructure.