Why Shares of Oracle Exploded Higher This Week
Since the close of trading last Friday, shares of the cloud giant (NYSE: ORCL) had ripped close to 35%, as of 1:06 p.m. ET on Sept. 11. Earlier this week, Oracle reported earnings for its first fiscal quarter of 2026 (ending Aug. 31) that blew away Wall Street.
It's not common to see a stock with a market cap worth several hundred billion dollars make such a big move, but Oracle's earnings results left Wall Street analysts stunned and sent the stock soaring to its best day since 1992.
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Source Fool.com
Oracle Corp. Stock
€137.00
-0.940%
The stock is one of the favorites of our community with 103 Buy predictions and 1 Sell predictions.
With a target price of 235 € there is a hugely positive potential of 71.53% for Oracle Corp. compared to the current price of 137.0 €.
