Oracle Is Rocketing on Earnings. Here’s Where Option Data Tells Us ORCL Stock Could Be in 2 Days and at the End of 2025
Oracle (ORCL) shares soared as much as 40% on Wednesday after the legacy technology company reported blockbuster earnings for its fiscal Q1 and issued ambitious guidance for the long term. Oracle now expects its annual AI-driven cloud revenue to hit $144 billion by the end of this decade. In comparison, its forecast for the current financial year stands at only about $18 billion. More News from Barchart Including today’s surge, Oracle stock is up nearly 200% versus its year-to-date low set in early Apri ...