Bullish Cloud Growth Catalyst for Oracle (ORCL)

about 2 months ago

Christina Kino

"We got to start with Oracle because that is a hot stock today, ticker ORCL. Those shares are up nearly 40% now, which is astounding. And that is because it did give a bullish outlook for its cloud business. So we're looking at 32 billion after fiscal 2026, all the way up to 114 billion in just four years after that. The company also signed multiple data center deals, including one with OpenAI, boosting remaining performance obligations to $455 billion."

Oracle (ORCL) is portrayed as a high-momentum stock thanks to its accelerated cloud business forecast. With revenues expected to ramp from $32 billion post-fiscal 2026 to $114 billion over the subsequent four years and major data center deals (including one with OpenAI) driving its performance obligations to $455 billion, investors may view this as a bullish catalyst and consider taking a long position.

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