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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.

Image source: Getty Images.

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Source Fool.com

Oracle Corp. Stock

€109.00
5.930%
Oracle Corp. dominated the market today, gaining €6.10 (5.930%).
With 96 Buy predictions and 1 Sell predictions Oracle Corp. is one of the favorites of our community.
Based on the current price of 109.0 € the target price of 260 € shows a potential of 138.53% for Oracle Corp. which would more than double the current price.
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