Phillip Securities Raises Oracle 2026 Capex Forecast to $50B Highlighting Confidence in OCI and Full-Stack AI Leadership

Oracle Corporation (NYSE:ORCL) is one of the most active US stocks to buy according to analysts. On December 15, Phillip Securities lowered the firm’s price target on Oracle to $344 from $350 and maintained a Buy rating on the shares. The firm raised its 2026 capital expenditure outlook for Oracle from $35 billion to $50 billion. The increased spending reflects the firm’s continued confidence in the company’s dual role as a specialized cloud provider/OCI and a comprehensive full-stack AI leader. Earlier ...