Will Oracle Stock Hit $250 in 2026? Dan Ives Thinks So.

Core Viewpoint - Oracle Corporation is experiencing significant volatility in its stock price as it transitions towards cloud and AI infrastructure, with optimistic growth prospects driving investor interest [1][4]. Company Overview - Oracle is recognized for its relational database software and enterprise tools, and has transformed into a leader in cloud infrastructure, SaaS applications, hardware systems, and consulting services, with a market cap of $570 billion [3]. Stock Performance - The stock price has seen dramatic fluctuations, reaching a low of approximately $118.86 in April 2025, followed by a sharp rally due to strong cloud growth metrics and optimism around AI-related deals [4]. - Oracle's stock hit a 52-week high of $345.72 on September 10, reflecting enthusiasm for its Oracle Cloud Infrastructure business, but has since pulled back 43.9% from that peak due to concerns over costs and execution risks associated with its investments [5]. - Despite the recent pullback, Oracle's stock is up 15.84% year-to-date and 14.12% over the past year [6]. Analyst Outlook - Dan Ives from Wedbush Securities predicts that Oracle's stock could reach $250 per share by 2026, driven by accelerating AI momentum and transformative enterprise deals [2].