Oracle Corporation (NYSE:ORCL) is one of the 11 Best Large-Cap Tech Stocks to Invest In. 

On March 10, Oracle Corporation (NYSE:ORCL) reported its earnings for the third quarter of fiscal year 2026, posting $1.79 per share in adjusted earnings compared to the consensus of $1.70, as per LSEG. Revenue came in at $17.19 billion, compared with estimates of $16.91 billion.

CNBC reported that Oracle announced plans to raise between $45 billion and $50 billion in FY2026 and spend on its cloud infrastructure. The company’s results and backlog indicate the growing demand for AI infrastructure. For instance, the company’s remaining performance obligations quadrupled to over $553 billion from a year ago. The company noted that it has capital to support the high demand.

Prior to the earnings, on March 7, Bloomberg reported that Oracle, along with OpenAI, canceled plans to expand its flagship AI data center in Texas. This development occurred over financing and OpenAI’s changing needs. However, Oracle has pointed out that its capital expenditures will reach $50 billion for FY2026.

45 analysts cover ORCL, with 35 rating the stock a Buy, 9 a Hold, and 1 a Sell. The average price target of $240 indicates an upside potential of over 60.50% as of March 10.

Oracle Corporation (NYSE:ORCL) provides information technology-related products and services to enterprises through its main business segments: Cloud and License, Hardware, and Services. The company is based in Austin, Texas, and was founded in June 1977 by Lawrence Joseph Ellison, Robert Nimrod Miner, and Edward A. Oates.

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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