Oracle Reports on June 10, and Its Cloud Backlog Could Be the Next Big Test for the AI Infrastructure Trade
Investors will watch Oracle’s remaining performance obligations after it jumped to $553 billion last quarter on a few large AI infrastructure contracts.
6 Articles
6 Articles
Oracle Reports on June 10, and Its Cloud Backlog Could Be the Next Big Test for the AI Infrastructure Trade
Key PointsOracle reports fiscal fourth-quarter results after the close on Wednesday, June 10.Its backlog of signed contracts has swelled past $550 billion, driven by large AI deals.How fast that backlog grows and converts could sway sentiment toward AI infrastructure stocks.10 stocks we like better than Oracle › Cloud and database company Oracle (NYSE: ORCL) reports fiscal fourth-quarter results -- covering the period ended May 31 -- after the m…
Oracle suffers its roughest session in months ahead of earnings
Oracle (ORCL) stock just had the kind of day that spooks shareholders. Shares of the database and cloud giant tumbled about 9.6% on Friday, June 5, closing at $213.68 after opening near $229. That marked Oracle’s steepest single-day drop in…
Analyst updates Oracle (ORCL) stock price target
Oracle (NYSE: ORCL) stock price has received a fresh bullish outlook after Oppenheimer raised its target on the software giant ahead of its fiscal fourth-quarter 2026 results, citing strong demand trends and continued momentum in cloud infrastructure services. The investment firm maintained its ‘Outperform’ rating on ORCL shares and increased its price target to $275 from $235, representing a 17% increase. Based on Oracle’s current share price …
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