Oracle Surges to 32nd in Trading Volume with $1.714 Billion in Shares Exchanged

On June 9, 2025, Oracle (ORCL) saw a significant increase in trading volume, with a total of $1.714 billion in shares exchanged, marking a 44.32% rise from the previous day. This surge placed Oracle at the 32nd position in terms of trading volume for the day. The stock price of Oracle also rose by 1.80%, marking the third consecutive day of gains and a total increase of 5.38% over the past three days.

Oracle is set to release its fiscal fourth-quarter results late on Wednesday. Analysts at Barclays are optimistic about a potential "comeback quarter" for the database software giant, following a challenging start to the year. Concerns over increased AI spending and broader economic issues initially weighed on the stock, but recent developments, including a trade deal with China and strong earnings from tech peers, have boosted investor confidence.

Barclays analyst Raimo Lenschow highlighted that easing AI data center capacity constraints, as seen in the earnings reports of Microsoft and CoreWeave, could benefit Oracle in converting its substantial remaining performance obligations (RPO) backlog into revenue. Lenschow maintains a positive overweight rating on Oracle stock with a price target of $202.

Jefferies analysts reiterated their buy recommendation for Oracle stock, raising their price target to $200 from $190. This decision was based on customer survey feedback indicating steady demand for Oracle's products. Additionally, analysts polled by FactSet anticipate Oracle's adjusted earnings to rise by 1% to $1.64 per share, with sales expected to increase by 9% to $15.6 billion for the May-ended quarter.

Guggenheim analyst John DiFucci emphasized that the growth rate of Oracle Cloud Infrastructure (OCI) will be a key focus area. OCI is crucial for Oracle's ambition to become a leader in AI, providing cloud-computing services to enterprises and competing against major players like Amazon and Microsoft. Oracle's stock gained 60% last year, driven by momentum in winning AI-related cloud business, marking its best performance since 1999.

Despite missing earnings and sales estimates in the fiscal third quarter, Oracle's remaining performance obligations grew by 63% to a record $130 billion. The company attributed this to industry-wide supply constraints while racing to build data center capacity for AI. Investors will be closely watching Oracle's performance in cloud infrastructure-as-a-service (IaaS) revenue, with expectations for 50% or more growth for the fiscal year 2025.

Oracle is also involved in the Stargate initiative, a project aimed at opening new AI-focused data centers across the U.S. with a potential investment of up to $500 billion by 2029. Additionally, Oracle is expected to participate in the bidding for TikTok's U.S. operations, should ByteDance proceed with a legally-mandated sale.