Oracle receives renewed analyst support driven by advancements in cloud infrastructure and artificial intelligence.
Goldman Sachs initiated coverage with a "Buy" rating. The firm set a $240 price target. GS cited Oracle’s growing strength in cloud scale and its expanding data center network.
UBS reaffirmed its "Buy" rating. UBS emphasized the company’s solid fundamentals and AI-driven revenue growth prospects.
This positive sentiment counters ongoing concerns. Challenges include a bondholder lawsuit related to AI expansion financing. Reports also indicate some investment firms are reducing their holdings.
Despite these challenges, the analyst consensus rating remains a "Moderate Buy." Analysts expect AI to significantly expand Oracle's infrastructure-as-a-service business.