Oracle Q1 revenue climbs 30% as AI infrastructure demand lifts RPO to record $664 billion

Oracle expects Q2 revenue to grow 30%-34% in constant currency and USD

Company sees Q2 cloud revenue up 64%-70% in constant currency, 65%-71% in USD

Oracle forecasts FY27 revenue of at least $90 bln and non-GAAP EPS of $8.10

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 34 "strong buy" or "buy", 7 "hold" and 1 "sell" or "strong sell"

The average consensus recommendation for the software peer group is "buy"

Wall Street's median 12-month price target for Oracle Corporation is $245.00, about 51.6% above its September 9 closing price of $161.63

The stock recently traded at 18 times the next 12-month earnings vs. a P/E of 28 three months ago