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
€121.06
-2.670%
The stock is one of the favorites of our community with 105 Buy predictions and 1 Sell predictions.
With a target price of 233 € there is a hugely positive potential of 92.47% for Oracle Corp. compared to the current price of 121.06 €.
