Stronger Growth Prompts Goldman to Upgrade Oracle (ORCL) to Buy, Target Raised to $410

Oracle Corp. (NYSE:ORCL) is one of the best ESG stocks to buy now according to hedge funds. On September 10, Goldman Sachs analyst Tyler Radke upgraded Oracle Corp. (NYSE:ORCL) to Buy, raising the price target to $410 from $240, following what he described as a “historic” first quarter of fiscal 2026.

Radke cited accelerating demand for Oracle’s cloud services and stronger-than-expected bookings, which strengthened confidence in the company’s AI-driven growth strategy. He also highlighted steady gains in the adoption of Oracle Corp.’s (NYSE: ORCL) cloud database products, which are a cornerstone of its long-term business strategy.

He added that profitability concerns eased after management guided to mid-teens EBIT growth for fiscal 2026. Combined with the robust bookings performance, this outlook supports Radke’s view that Oracle Corp. (NYSE:ORCL) is entering a stronger growth phase and justifies the upgrade to Buy.

Oracle Corp. (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, as well as enterprise business applications.

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Disclosure: None. This article is originally published at Insider Monkey.