Oracle (ORCL) Price Target Lifted to $380 at UBS; Firm Calls Stock 'Too Cheap'

Oracle Corporation (NYSE:ORCL) is one of the AI Stocks in the Spotlight This Week. On October 17, UBS reiterated the stock as “Buy” and raised its price target to $380 per share from $360. The firm believes that the stock is “too cheap.”

“Just 5 weeks after providing FY30 revs guide and backlog metrics that were far above Street estimates, Oracle raised them again at its Investor Day, taking its FY30 cloud infra/OCI [Oracle Cloud Infrastructure] revs guide up by another $22b to $166b, disclosing that its deal backlog went to $500b+ and setting FY30 guide that was well above our estimates”

Oracle Corporation (NYSE:ORCL) is a database management and cloud service provider.

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 best short-term AI stock.

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