Why Oracle Stock Jumped 32% in June
Shares of Oracle (NYSE: ORCL) were on the move last month as the legacy tech giant best known for database software continues to impress investors with its growth in cloud infrastructure, showing it's capitalizing on the artificial intelligence (AI) boom.
Oracle delivered another strong earnings report, and said in a filing late in the month that fiscal 2026 is off to a strong start. The company also earned a slew of analyst upgrades, helping to propel the stock higher.
According to data from S&P Global Market Intelligence, the stock finished the month 32% higher. As you can see from the chart below, most of the stock's gains came from its post-earnings surge in the second week of the month.
Source Fool.com
Oracle Corp. Stock
€153.12
0.740%
With 99 Buy predictions and 2 Sell predictions Oracle Corp. is one of the favorites of our community.
As a result the target price of 230 € shows a very positive potential of 50.21% compared to the current price of 153.12 € for Oracle Corp..
