Evercore ISI Raises PT on Oracle Corporation (ORCL), Keeps an Outperform Rating

Core Insights - Oracle Corporation (NYSE:ORCL) is recognized as one of the hottest mega-cap stocks for 2025, with a price target increase from $340 to $350 by Evercore ISI, maintaining an Outperform rating [1] - The company is expected to update its long-term revenue and EPS guidance during the upcoming Oracle AI World and financial analyst meeting [1][2] - Management hinted at a potential cloud revenue of $144 billion by 2030, with expectations for total revenue to reach $200 billion and EPS growth of approximately 20% annually from 2025 to 2030 [2] Company Overview - Oracle Corporation provides cloud-based applications and secure, automated infrastructure through its Oracle Cloud Platform [3] - The company is positioned in a competitive landscape where certain AI stocks may offer greater upside potential and lower downside risk [3]