By Vardah Gill
Publication Date: 2025-11-24 23:31:00
Oracle Corporation (NYSE:ORCL) is one of the The 15 Best Long-Term Stocks to Buy According to Reddit.
Photo by Dan Dennis To Unsplash
On Nov. 18, Baird lowered his price target on Oracle Corporation (NYSE:ORCL) to $315 from $365 but maintained an “Outperform” rating on the shares, The Fly reported. The analyst noted that the company had revisited its bullthic thesis but highlighted concerns related to Oracle’s AI initiatives and debt.
In its first quarter financial report, Oracle Corporation (NYSE:ORCL) reported revenue of $14. billion, an increase of 12% year-on-year. The company also reported a dramatic 359% increase in its remaining performance obligations (RPO) to $45.5 billion. RPO represents the total value of unfulfilled contracts, and this large backlog…