Oracle (ORCL) Earnings Beat Expectations as Cloud Revenue Surges, Deutsche Bank Reaffirms Buy

<p>Oracle Corporation (NYSE:<a href="https://finance.yahoo.com/quote/ORCL">ORCL</a>) ranks among the <a href="https://www.insidermonkey.com/blog/13-best-faang-stocks-to-invest-in-right-now-1714067/?singlepage=1">best FAANG+ stocks to invest in right now</a>. On March 11, Deutsche Bank reinforced its Buy rating and $300 price target for Oracle Corporation (NYSE:ORCL) following the company’s earnings release, which reported revenue of $17.2 billion, exceeding analysts’ expectations of $16.9 billion.</p>
<p>Pixabay/Public Domain</p>
<p>The company’s Infrastructure-as-a-Service revenue increased by 84% year-over-year to $4.9 billion, exceeding the street’s projection of $4.7 billion. Moreover, Oracle’s cloud revenue increased by 41% year-over-year to $8.9 billion, while AI infrastructure revenue increased by 243%.</p>
<p>Deutsche Bank remarked that the quarter indicated continuous execution, which will sustain OCI acceleration into fiscal year 2027. It also identified specific non-AI options for additional backlog contributions, particularly non-capital-intensive AI. The firm added that it believes multicloud availability will be a significant enabler for Oracle’s future workload transfer.</p>
<p>Oracle Corporation (NYSE:ORCL) offers an extensive suite of database and cloud computing software and hardware. The Company offers databases and relational servers, application development and decision-support tools, and enterprise business applications.</p>
<p>While we acknowledge the potential of ORCL as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the<a href="https://www.insidermonkey.com/blog/three-megatrends-one-overlooked-stock-massive-upside-1548959/"> best short-term AI stock</a>.</p>
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