Bullish indicating open at $55-$60, IPO prices at $37
Oracle Corporation (NYSE:ORCL)’s stock has reached a new all-time high, hitting 242.45 USD, with a market capitalization now exceeding $677 billion. This milestone underscores the company’s robust growth trajectory, with a remarkable 74.82% increase in its stock price over the past year. According to InvestingPro analysis, the stock appears to be trading above its Fair Value, with multiple valuation metrics suggesting elevated levels. The tech giant’s strong performance can be attributed to its strategic investments in cloud computing and enterprise software solutions, which have resonated well with investors. With a robust gross profit margin of 70.5% and revenue growth of 8.4% over the last twelve months, Oracle continues to demonstrate solid operational execution. As Oracle continues to expand its market presence, the company’s stock remains a focal point for market analysts and investors alike. InvestingPro subscribers can access 18 additional key insights and a comprehensive Pro Research Report that provides deep-dive analysis of Oracle’s financial health and growth prospects.
In other recent news, Oracle has seen a series of analyst upgrades and increased price targets, signaling positive developments for the company. Cantor Fitzgerald raised its price target for Oracle to $271, citing strong growth in Oracle Cloud Infrastructure (OCI) and Cloud Database Services. Evercore ISI also increased its price target to $270, highlighting Oracle’s solid fiscal year 2026 outlook and a significant $30 billion annual contract. Piper Sandler upgraded Oracle to Overweight from Neutral, attributing the change to strong AI momentum and potential growth opportunities. Meanwhile, Bernstein raised its price target to $269, emphasizing Oracle’s growth acceleration and its position as a "safe harbor stock" amid economic uncertainty.
In addition to analyst actions, Oracle reached a settlement agreement with Rimini Street (NASDAQ:RMNI), resolving longstanding litigation between the two companies. The settlement, effective July 2025, requires Oracle to return approximately $37.8 million to Rimini Street. This agreement concludes a 15-year legal battle, allowing both companies to focus on their respective business operations without further legal disputes. These developments reflect Oracle’s ongoing strategic efforts and market positioning in the rapidly evolving tech landscape.
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