Oracle stock rose Tuesday as Wall Street analysts praised the company’s artificial intelligence strategy. Remaining performance obligations (RPO) reached approximately $553 billion. This contracted future revenue supports confidence in long-term growth.
Guggenheim analyst John DiFucci named Oracle his Best Idea for 2026. DiFucci considers the company grossly undervalued. He expects a cash flow waterfall as AI data center investments generate returns.
The bullish outlook follows strong fiscal third-quarter results. Oracle recently showcased enterprise AI capabilities at its AI World Tour in London.