Oracle(US:ORCL) 智通财经网·2025-07-09 04:24Core Viewpoint - Jefferies has significantly raised Oracle's target price from $220 to $270, maintaining a "Buy" rating due to accelerating performance growth driven by large cloud computing deals [1] Group 1: Financial Performance and Projections - Oracle's stock price rose nearly 1% to $234.50, reaching an intraday high of $241.439, with over 40% increase since June's strong earnings outlook [1] - Jefferies analysts project Oracle's cloud infrastructure as a service (IaaS) revenue to reach $46 billion and total revenue to hit $93 billion for fiscal year 2028, indicating significant upside potential [3][4] - The company's remaining performance obligations (RPO) reached $138 billion, up from $130 billion in the previous quarter, reflecting strong long-term customer commitments [6] Group 2: Strategic Developments - Oracle announced a landmark cloud computing service agreement expected to generate over $30 billion in annual sales starting from fiscal year 2028, linked to collaborations with OpenAI, SoftBank, and ARM [3] - The company is leasing up to 4.5 gigawatts of super data center capacity to OpenAI, highlighting its critical role in expanding AI infrastructure [3] - Analysts believe these large cloud deals signify a major turning point in Oracle's cloud strategy, enhancing confidence in achieving over 100% RPO growth by fiscal year 2026 [3][4] Group 3: Market Position and Competitive Landscape - Oracle stands out among cloud computing leaders, achieving over 100% RPO growth while accelerating sales, unlike other major software companies [2] - The company is positioned to capture a significant share of the AI infrastructure market, competing directly with AWS and Microsoft Azure [7] - The "Stargate" project aims to build large-scale data centers to meet massive AI computing demands, showcasing Oracle's capabilities in providing essential cloud services [8]