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Oracle Stock Surges on Analyst Upgrade Amid OpenAI Funding Optimism

Oracle Stock Surges on Analyst Upgrade Amid OpenAI Funding Optimism

Published:
2026-02-10 11:50:02
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BTCCSquare news:

Oracle shares jumped 9.6% to $155.95 on Monday, marking their best single-day performance since September. The rally followed a bullish upgrade from D.A. Davidson analyst Gil Luria, who shifted his rating to Buy from Neutral with a $180 price target.

Luria's Optimism stems from OpenAI's strengthened financial position. The AI firm reportedly holds $40 billion in cash reserves and may raise an additional $100 billion this quarter—funds expected to finance Oracle's data center expansion for OpenAI. This development alleviates prior market concerns about the partnership's viability.

Despite the surge, Oracle remains 55% below its September peak of $328.33. The company faces significant financial headwinds, including $130 billion in debt and $248 billion in operating-lease commitments. Meanwhile, Oracle's $800 million TikTok revenue and 15% stake in the platform's US entity provide counterbalancing strengths.

|Square

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