Oracle Corporation (NYSE: ORCL) stock price is soaring, fueled by excitement over a transformative initiative in artificial intelligence infrastructure.
Oracle stock price today in pre-market trading is $187.41, reflecting an 8.60% increase following Tuesday’s close at $172.57 (+7.17%).
The surge comes in the wake of President Donald Trump’s announcement of a groundbreaking collaboration involving Oracle, OpenAI, Nvidia, and SoftBank under the ambitious Stargate Venture, which plans to invest up to $500 billion in AI infrastructure over the next four years.
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The Stargate project, is poised to establish the United States as a leader in artificial intelligence. Trump described Stargate as a venture that will create over 100,000 American jobs, starting with the construction of a massive AI data center in Texas, a broader strategy to maintain U.S. technological dominance in the face of global competition, particularly from China.
Trump’s remarks at the White House emphasized the importance of this initiative:
“What we want to do is keep it in this country. It’s technology and artificial intelligence all made in the USA.”
The market responded enthusiastically to this news, with Oracle’s stock chart showing a significant uptick.
Oracle stock technical analysis
Over the past month, Oracle shares have been trading in the $152.42 – $173.37 range, and the current pre-market price of $187.41 places it near the upper boundary of this trajectory.
Oracle’s stock has been rising strongly, buoyed by higher-than-usual trading volume over the past few days—an encouraging sign for bullish investors. However, it is worth noting that prices are nearing a resistance zone between $192.30 and $192.44, which is formed by multiple trend lines across various time frames.
A pullback or consolidation may occur before further upward movement, offering a potential entry point for those looking to capitalize on Oracle’s momentum.
On the downside, support exists at $157.83, defined by a trend line on the weekly chart. This support level serves as a key point for traders to monitor in case of any price retracements.
Oracle stock price forecast 2025
With Oracle playing a pivotal role in the Stargate initiative, analysts see significant upside potential for the stock.
Interestingly, two of the most recent Oracle price targets from leading analysts appear not to have factored in the latest developments surrounding the Stargate initiative. On January 16, Cantor Fitzgerald initiated coverage with a Buy rating and a price target of $214, projecting a 14.38% upside.
Similarly, back in December UBS recently raised its target from $200 to $210, maintaining its Buy recommendation and forecasting a 12.24% upside. With Oracle’s newfound involvement in a $500 billion AI infrastructure project, these targets may require upward revisions to account for the transformative potential of Stargate.
The $500 billion AI investment plan shows Oracle’s strategic importance in the next wave of AI-driven innovation. Additionally, its collaboration with OpenAI and Nvidia adds credibility and scalability to the project, positioning Oracle as a long-term beneficiary of the AI boom.
While Oracle’s stock is currently experiencing strong upward momentum, investors should remain cautious of near-term volatility, especially as prices approach resistance levels. For those taking a long-term view, however, the company’s involvement in Stargate could translate into sustained growth, making it a stock to watch closely in 2025.
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