Oracle stocks close the best week since 2001

Oracle The shares enjoyed their best week since 2001, as Wall Street cheered the strong report on profits and scourges comments on the company’s prospects in cloud calculations.

The action jumped about 24% for the week, with almost all the profits coming on the two trade days after the company’s quarterly profit. The last time Oracle had a better week was in April 2001, in the middle of Dot-Com Crash when the so-called bounced a dead cat They were common. In the previous quarter, Oracle’s shares lost almost half of their value.

Today, this is a much different company and while Oracle is usually seen as a late participant in the cloud infrastructure market, the company has found a niche and sees rapid growth, helping customers manage artificial intelligence models.

“Oracle is in an enviable position to have more demand than it can do,” writes Joseph Bonner, an analyst at Argus Research, in a note to customers on Friday. He recommends buying the shares and raising his price price to $ 235 out of $ 200.

Oracle became a record on Friday, closing to $ 215.22.

In the company Profit Late Wednesday, revenue and profits exceeded the estimates. Executive Director Safra Catz said sales for the new fiscal year should be over $ 67 billion higher than the LSEG consensus of $ 65.18 billion.

“Search is astronomical” ” Larry ElisonThe chairman of Oracle told analysts about calling the profit. “But we have to do this methodically. The reason demand continues to go beyond delivery is that we can build these data centers, build these computers, so quickly.”

Oracle plays catching up in a cloud of rivals Amazon., Google and MicrosoftS

In 2025, the fiscal year’s capital expenditure of Oracle exceeded $ 21 billion, which is more than the company spent from 2019 to 2024. The amount should reach $ 25 billion in fiscal 2026, CATZ said during the conversation.

Google predicts $ 75 billion In capital expenditures this year. Microsoft’s goal for the fiscal year is $ 80 billionS

Oracle’s Customer List now includes MetaOpenai and Elon Musk XAI. They are among the companies that require the most Nvidia Graphic processing units for training AI generative models that create text, images and videos in response to a few words of human contribution.

Startup BasePhysical intelligence and huge data are also cloud customers, Oracle announced this week.

“We will build and manage more cloud infrastructure data centers than all our competitors in the cloud infrastructure in combination,” Elison said.

Oracle’s shares have increased by 29% so far in 2025, while NASDAQ is less than 1%. Among the highest-priced American technology companies, the next best contractor of the year is Meta, which is about 17%.