Why Did Oracle Stock Pop Today?
Oracle is building an AI empire, but at what cost?
Overview
Oracle (NYSE: ORCL) stock jumped 3.4% through 11:30 a.m. ET this morning after not one, not two, but three separate analysts chimed in with endorsements of the tech stock ahead of its upcoming fiscal Q1 2027 earnings report, due to come out after close of trading on Thursday, Sept. 10.
In quick succession, first Oppenheimer analyst Brian Schwartz estimated Oracle stock is worth $275 a share, then Mizuho analyst Siti Panigrahi said $320, followed by Guggenheim analyst John DiFucci setting a $400 price target.
Details
Oracle stock currently costs less than $165.
Source
Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.