By Benzinga
Publication Date: 2026-03-24 14:05:00
Oracle Corp (NYSE:ORCL) Stocks are trading lower on Tuesday after reports suggest Amazon is developing an AI agent tool to automate some sales, business development and other functions.
Reports also suggest that concerns about AI disrupting SaaS business models are one of the reasons behind recent attempts to withdraw funds from private debt funds.
Additionally, Oracle announced new product launches around its Fusion Applications AI tools, even as that The technology sector remained weak.
BofA Securities analyst Valley Liani has restored the buy recommendation with a price prediction of $200.
Oracle’s strategic focus: Cloud and AI at the forefront
The analyst writes that the valuation reflects a balanced view of strong demand for AI infrastructure versus the timing, focus and capital intensity of Oracle’s transformation.
With $553 billion in remaining performance obligations (RPO) tied to long-term AI training and cloud infrastructure, Oracle has significant revenue potential, adds the…
