Oracle(US:ORCL) 智通财经网·2025-09-10 13:07Core Insights - Oracle's stock price surged nearly 32%, marking its largest single-day increase since 1999, following a quarterly performance that exceeded expectations [2] - The significant growth in Oracle's Remaining Performance Obligations (RPO), which increased by 359% year-over-year to $455 billion, was a key driver of this stock price surge [2] - Analysts have responded positively, with Jefferies raising its target price from $270 to $360, while Evercore increased its target from $270 to $340 [2][3] Financial Performance - Oracle's first-quarter results showed a remarkable increase in RPO, which indicates future revenue potential, further confirming the company's accelerating growth trend [2] - The company reported a record new order amount of $332 billion for the first quarter, the highest in the software industry's history, indicating a fundamental shift towards becoming a "data center operator" [4] - Despite some challenges with gross margins, Oracle's future earnings per share targets are expected to be significantly raised [4] Market Position and Strategy - Oracle's cloud infrastructure (OCI) backlog is growing rapidly, which is seen as a core highlight of the earnings report, supporting the company's future revenue and earnings growth [3] - The company is transitioning towards becoming a "GPU data center operator," with new contracts positioning it as a leader in this market [4] - The performance of Oracle's infrastructure business, including sovereign cloud and multi-cloud databases, is also exceeding market expectations and is crucial for long-term growth narratives, especially in AI-related sectors [3] Wealth Impact - The surge in Oracle's stock price has significantly increased co-founder Larry Ellison's wealth, adding $70 billion in a single day, bringing his net worth to $364 billion, closely competing with Elon Musk [5] - Year-to-date, Oracle's stock has risen by 45%, while Tesla's stock has declined by 14%, narrowing the wealth gap between Ellison and Musk [6]