Analysts See Oracle (ORCL) as Top Gen AI Play in Large-Cap Software Market

Oracle Corporation (NYSE:ORCL) is one of the Top AI Stocks in the Spotlight on Wall Street. On September 26, Bernstein analyst Mark Moerdler reiterated its Buy rating on the stock and raised its associated price target to $364.00 (from $363.00). According to the firm, Oracle’s updated guidance reflects an increase in revenue, with expectations of $144 billion in OCI revenue by FY30. Oracle’s strategic contracts, such as the $30 billion annual deal with OpenAI Cloud, are factors anticipated to boost financ ...