Oracle stock spiked almost 12% Tuesday to a record close. It also marks the stock’s biggest gain since Dec. 10, 2021, when shares closed up 15.6%.
Oracle stock spiked almost 12% Tuesday to a record close, a day after the company reported fiscal third-quarter earnings that beat analysts' expectations.The previous high of $126.71 was set on Sept. 11, 2023. The move also marked the stock's biggest gain since Dec. 10, 2021, when shares closed up 15.6%.
Deutsche Bank lifted its price target on Oracle shares to $150 from $135 on Tuesday, noting CEO Safra Catz reiterated fiscal 2026 guidance and strong cloud infrastructure results. Citadel's Ken Griffin says the Fed shouldn't cut too quickly, citing big tailwinds supporting inflation
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