Oracle stock rose 3.3% on February 24, 2026. Wells Fargo analyst Michael Turrin maintained a Buy rating with a $280 price target. For the quarter ending November 30, Oracle reported quarterly revenue of $16.06 billion and net profit of $6.14 billion, compared to $14.06 billion revenue and $3.15 billion profit in the prior year period. Oracle was recognized as a Leader in The Forrester Wave for Data Fabric Platforms in Q4 2025. The company began demolition work on its Nashville headquarters campus, with construction expected to complete by 2031. TTX modernized its operations using Oracle Fusion Cloud ERP applications. However, multiple securities fraud class action lawsuits were filed against Oracle alleging misrepresentations about AI infrastructure strategy and capital expenditures. CEO Clayton Magouyrk sold 10,000 shares for $1,552,300. Corporate insider sentiment was reported as negative based on recent selling activity.
Read full analysisOracle stock rose 3.3% on February 24, 2026. Wells Fargo analyst Michael Turrin maintained a Buy rating with a $280 price target. For the quarter ending November 30, Oracle reported quarterly revenue of $16.06 billion and net profit of $6.14 billion, compared to $14.06 billion revenue and $3.15 billion profit in the prior year period. Oracle was recognized as a Leader in The Forrester Wave for Data Fabric Platforms in Q4 2025. The company began demolition work on its Nashville headquarters campus, with construction expected to complete by 2031. TTX modernized its operations using Oracle Fusion Cloud ERP applications. However, multiple securities fraud class action lawsuits were filed against Oracle alleging misrepresentations about AI infrastructure strategy and capital expenditures. CEO Clayton Magouyrk sold 10,000 shares for $1,552,300. Corporate insider sentiment was reported as negative based on recent selling activity.
Oracle is one of the world's largest enterprise software and cloud infrastructure companies, providing database, cloud computing, and business applications to corporations and governments globally. The company has committed $45–50 billion to AI data center expansion in 2026, funded largely through debt including an $18 billion bond issuance, with OpenAI as its anchor customer. Recent reports that the Stargate joint venture with OpenAI and SoftBank has stalled, combined with OpenAI's halving of its compute spending target, have driven a roughly 28% year-to-date decline and extreme single-session volatility.