Oracle Shares Surge 24% on Cloud and AI Demand, Analysts Bullish

Oracle Corp''s stock skyrocketed 24% in a week, with nearly all gains coming after strong quarterly results. The shares closed at a record $215.22 on June 13, 2025—marking their best performance since April 2001. This rebound follows a 50% plunge last quarter, signaling a dramatic turnaround.

The company has shed its cloud laggard status, now attracting AI workload customers. "Oracle is in the enviable position of having more demand than it can fulfill," said Argus Research analyst Joseph Bonner, who raised his price target to $235. CEO Safra Catz projected fiscal-year sales exceeding $67 billion, outpacing consensus estimates.

Chairman Larry Ellison noted "astronomical" demand during the earnings call, though cautioned about methodical data center expansion. While racing to catch up with Amazon, Google and Microsoft, Oracle appears to have found its niche in the cloud infrastructure race.