Oracle’s (ORCL) FQ2 Cloud Revenue Misses Expectations Despite Strong AI Bookings and Backlog

Oracle Corporation (NYSE:ORCL) is one of the best Reddit stocks to invest in right now. On December 11, KeyBanc lowered the firm’s price target on Oracle to 300from300 from 350 with an Overweight rating on the shares. Despite the optimism regarding prospects, the company’s recent results for FQ2 2026 fell short, specifically in the cloud division. Cloud revenue and gross margin missed expectations, and IaaS growth to 4.1billionwasslightlybelowtheanticipated4.1 billion was slightly below the anticipated 4 billion. Although the total remaining perf ...