Oracle Corporation (NYSE:ORCL) is one of the 10 Best NYSE Stocks to Buy According to Analysts. On January 8, Wells Fargo released an update on the software sector for 2026 and noted that enterprise software spending appears to be stabilizing, with most of the growth coming from cloud infrastructure, cybersecurity, and generative AI.
In cloud and AI infrastructure, Wells Fargo expects demand to expand beyond AI labs to include hyperscalers, governments, and large enterprises. The research firm believes that the total addressable market for AI infrastructure could reach nearly $1 trillion by 2030. It added that access to financing, chips, and power will be key factors that will help determine which companies will succeed in this space. Wells Fargo named Oracle Corporation (NYSE:ORCL) as its top pick in this category.
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Earlier, on January 5, UBS cut its price target on Oracle Corporation (NYSE:ORCL) from $325 to $280 and kept a Buy rating. The firm noted that concerns related to OpenAI have affected a group of stocks linked to the AI organization, including Oracle Corporation (NYSE:ORCL).
Despite this, UBS pointed to positive developments, including the company’s “material pending revs growth acceleration” and the ramp-up of Abilene data center capacity.
Oracle Corporation (NYSE:ORCL) is an American multinational computer technology company specializing in database software, cloud infrastructure, and enterprise software solutions. The company offers one of the industry’s broadest and deepest suites of AI-powered cloud applications.
While we acknowledge the potential of ORCL as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
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Disclosure: None. This article is originally published at Insider Monkey.
