Oracle (ORCL) Stock Rockets 70% on AI Frenzy – Jim Cramer Warns “It’s the Only One I’m Worried About”
Oracle shares closed near $269 on Oct. 30, down from September highs but up 70% year-to-date as AI/cloud deals fueled gains. Q1 FY26 revenue rose 12% to $14.93 billion, with cloud sales up 28%. Reports cite major unconfirmed deals with OpenAI and Meta, driving RPO to $455 billion. Analyst targets cluster around $320–$400, but Oracle’s valuation remains high compared to rivals.