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Oracle ( (ORCL) ) just unveiled an announcement.
Oracle announced its fiscal 2026 first-quarter financial results, highlighting a significant increase in cloud revenue, which rose by 28% to $7.2 billion. The company also reported a remarkable 359% growth in remaining performance obligations to $455 billion, driven by multi-billion-dollar contracts with key customers, positioning Oracle for substantial future growth in cloud infrastructure and AI services.
The most recent analyst rating on (ORCL) stock is a Hold with a $240.00 price target. To see the full list of analyst forecasts on Oracle stock, see the ORCL Stock Forecast page.
Spark’s Take on ORCL Stock
According to Spark, TipRanks’ AI Analyst, ORCL is a Neutral.
Oracle’s overall stock score reflects strong financial performance and positive earnings call guidance, particularly in cloud services. However, high leverage, negative free cash flow, and valuation concerns weigh on the score. Technical analysis indicates potential short-term weakness, and the high P/E ratio suggests the stock may be overvalued.
To see Spark’s full report on ORCL stock, click here.
More about Oracle
Oracle Corporation is a leading provider of integrated suites of applications and secure, autonomous infrastructure services in the Oracle Cloud, focusing on cloud computing and enterprise software solutions.
Average Trading Volume: 13,977,422
Technical Sentiment Signal: Buy
Current Market Cap: $653.9B
For an in-depth examination of ORCL stock, go to TipRanks’ Overview page.