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Oracle's Most Explosive Stock Run Of The Century — What Changed Overnight?
Benzinga· 2026-04-17 23:55
If the gains hold into the close, it would mark Oracle's best week since 1999 — the height of the dot-com boom — and one of the most explosive runs in the company's public market history. The Bigger Picture Behind the headlines sits a $553 billion remaining performance obligation (RPO) backlog and a consensus Buy with a consensus price target of $264.03, according to Benzinga data. Investors were also nervous that Oracle's aggressive capex — paired with 30,000 announced layoffs — signaled a company stretchi ...