Oracle’s (ORCL) Cloud Business Set to Grow 14x by 2030, UBS Says

Group 1 - Oracle Corporation has been highlighted as a significant AI stock, with UBS analyst Karl Keirstead raising the price target from $280.00 to $360.00 while maintaining a Buy rating [1] - The company reported an incremental backlog of $317 billion, which supports a growth forecast for its cloud infrastructure segment, projected to increase from $10 billion in fiscal year 2025 to $144 billion in fiscal year 2030 [1][3] - The largest boost in Oracle's growth is believed to come from OpenAI, which has signed a contract to purchase $300 billion in computing power over five years from Oracle [2][3] Group 2 - The guidance for fiscal year 2026 indicates mid-teens operating income growth, reflecting effective operational expense and headcount control [4] - Revenue estimates for fiscal year 2029 have been raised from $134 billion to $163 billion, with operating margin estimates adjusted from 38% to 37% and non-GAAP EPS estimates increased from $12.51 to $13.98 [4]