Oracle is up 1.44% in pre-market trading, at $145.79.
Investment bank Piper Sandler recently released a report stating that Oracle Cloud Infrastructure (OCI) business revenue is expected to exceed current market expectations in fiscal year 2027, mainly due to accelerated capital expenditures converting into actual revenue. Analysts believe that the company's large-scale capital expenditure (CapEx) is gradually transforming into actual capacity and income, and this conversion efficiency may be underestimated by investors. Piper Sandler maintains an "overweight" rating on Oracle, with a target price set at $225.
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