With shares of the database software giant already trending up in recent weeks, Oracle stock analysts with Barclays are projecting a "comeback quarter." After a rough start to the year, Oracle stock has rallied more than 45% from a 2025 low-point reached on April 11. "Microsoft and CoreWeave earnings showed that AI data center capacity constraints are easing, which could also help Oracle to start turning its huge RPO (remaining performance obligations) backlog into revenue," Barclays analyst Raimo Lenschow wrote in a recent client note.