Oracle Corporation (ORCL) Named Top Pick as Oppenheimer Raises Price Target

Oracle Corporation (NYSE:ORCL) is one of the Stocks with the best earnings growth for the next 10 years. On May 12, Oppenheimer’s Brian Schwartz raised the price target on Oracle Corporation (NYSE:ORCL) from $210 to $235 and reiterated an “Outperform” rating. While highlighting the positive developments in the current quarter that will strengthen its superior EPS compounder thesis, the company described it as its top pick.

What stood out most were the robust investments in technology infrastructure disclosed in the first quarter report by the company’s key customers, partners and suppliers. Oppenheimer expects solid booking growth in the fourth quarter to be driven by OpenAI, Meta, NVIDIA and federal government commitments. Additionally, an increase in demand due to favorable seasonality for Oracle Corporation’s (NYSE:ORCL) broader product offering will drive further growth. In fact, ORCL is one of the stocks with the best earnings growth over the next 10 years.