Barclays Reiterates Overweight on Oracle (ORCL) After Financing Update

Oracle Corporation (NYSE:ORCL) is one of the 10 AI Stocks Gaining Attention on Wall Street. On February 2, Barclays’ analyst Raimo Lenschow reiterated an Overweight rating on the stock with a $310.00 price target. The firm sees clarity on financing after the proposed $45–50B raise, easing credit pressure and assisting equity upside.

Oracle announced on Sunday that it will expectedly raise between $45 billion and $50 billion in calendar 2026 through a combination of stock sales and debt. This move, the company noted, is a reflection of its commitment to maintain an investment-grade rating amid the AI spending.

According to Barclays, these transactions are likely to ease pressure on Oracle’s credit story, and will also help the company maintain its investment grade rating. It also provides clarity about the financing needs for the year.

Oracle Corporation (NYSE:ORCL) is a database management and cloud services provider.

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Disclosure: None. This article is originally published at Insider Monkey.