Oracle Corporation (ORCL): Can This Stock Join the Trillion Dollar Elite?

We just covered the 15 AI Stocks That Could Break the Trillion Dollar Barrier and Oracle Corporation (NYSE:ORCL) ranks 2nd on this list.

In the eyes of elite investors, Oracle Corporation (NYSE:ORCL) has transformed from a legacy database firm into a critical fourth member of the Hyperscale cloud club alongside Amazon, Microsoft, and Google. A major reason for Wall Street interest in the stock is Oracle’s Remaining Performance Obligations (RPO), which reached a record $553 billion in early 2026. This backlog is roughly eight times Oracle’s annual revenue, providing guaranteed revenue visibility that is virtually unheard of in the software sector. The surge is driven by multi-billion dollar AI infrastructure deals with OpenAI, Meta, and NVIDIA. Institutional investors are also particularly focused on the short-term RPO, which grew 40% in Q2 2026, signaling that this backlog is beginning to convert into recognized revenue faster than expected.

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Oracle Corporation (NYSE:ORCL) has been solving physical AI constraints, like power and space issues, in recent months to gain investor confidence. Earlier this month, Oracle expanded its deal with Bloom Energy to 2.8 gigawatts of fuel-cell capacity. This allows Oracle to build AI data centers independently of the traditional power grid, cutting deployment time in half. The firm is currently building data centers measured in gigawatts, including a massive $14–$16 billion project in Michigan supported by institutional heavyweights like Pimco and Bank of America. Oracle’s aggressive multicloud pivot has ignited Wall Street interest as well. This strategy has transformed its database from a walled garden into a universal utility. Oracle now runs its database natively on AWS, Microsoft Azure, and Google Cloud. This openness triggered a 531% surge in multicloud database revenue in early 2026.

While we acknowledge the risk and potential of ORCL as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than ORCL and that has 10,000% upside potential, check out our report about this cheapest AI stock.

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