In the most recent trading session, Oracle (ORCL) closed at $193.84, indicating a -1.08% shift from the previous trading day.
Nvidia's stock is on pace to record its best four-session gain of 2026 after severely lagging the chip sector in the year to date.
As was widely reported, Oracle axed an estimated 20,000 to 30,000 people via email on March 31.
I keep hitting the buy button on Oracle (NYSE:ORCL | ORCL Price Prediction) because I have rarely seen a backlog like the one this company is sitting on, and I want to own as many shares as I reasonably can before the market fully prices it in.
Oracle Corporation has likely bottomed, with Q3 FY26 earnings beating expectations and forward growth estimates being revised higher. Plus, hyperscaler earnings last week validated the AI capex story. ORCL addressed key investor concerns about the funding feasibility of the AI buildout by successfully raising $30B and securing $29B in customer-prepaid contracts, de-risking free cash flows. Record RPO of $553B, accelerating cloud infrastructure growth, and diversified hyperscaler partnerships bolster ORCL's revenue visibility and market positioning.
Oracle's key partner, OpenAI, had some reassuring words for the technology company today. Oracle will burn significant cash before generating cash flow again, according to Wall Street expectations.
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Oracle Corporation is upgraded to strong buy, driven by its transformation into a foundational AI infrastructure utility with a $553B backlog. ORCL's CapEx-heavy strategy is misunderstood; the BYOH model and off-grid power projects enable high-margin, partner-funded growth and rapid multicloud expansion. Key risks include $300B OpenAI backlog concentration, credit market stress, SMCI supply chain disruptions, and geopolitical threats to major data centers.
Oracle (ORCL) reached $163.83 at the closing of the latest trading day, reflecting a -1.28% change compared to its last close.
Oracle (NYSE:ORCL | ORCL Price Prediction) shares are trading at $162.90 while the Wall Street consensus price target sits at $243.23, leaving an implied upside of roughly 49% between current levels and analyst expectations.
Oracle's NYSE: ORCL market is disconnected from reality, but starting to catch on. The stock was punished like an emergent tech start-up with no revenue or hope for profits because of its debt, but this isn't a cash-burning research story.
April 28 brought the revelation that OpenAI has failed to meet its own internal targets in terms of accumulating new users and increasing its revenue. Furthermore, the same Wall Street Journal article that broke the news revealed that the firm's Chief Financial Officer (CFO) is not certain that the company will be able to afford future contracts.