Oracle Rides Strong On The AI Wave, Despite Q4 Revenue Miss: 8 Analysts' Insights

Loading...Loading...Oracle Corp ORCL shares were climbing on Wednesday after the company reported its quarterly results.The results came amid an exciting earnings season. Here are some key analyst takeaways.Piper Sandler On OracleAnalyst Brent Bracelin maintained an Overweight rating, while raising the price target from $140 to $150.Oracle's reported quarterly revenue miss of $242 million "takes a back seat to leading indicators like RPO metrics," given its backlog strength, especially the new contract sign ...