Oracle Stock Price Forecast Tiktok. Oracle will hold a 12.5 percent stake in tiktok global at its inception and will also serve as the cloud hosting provider for the new entity. Has always been a bit of a sleeper, but doing all the right things.
Expect $56 to provide firm support while $62 may be the objective for bulls in the most aggressively bullish scenario. Oracle stock climbed 1.8%, closing at 60.82 on the stock market today. If this happens, oracle stock may simply be out of luck.
On average, they expect oracle's stock price to reach $76.67 in the next year.
The company is planning to offer 28 million shares to raise up to $3.08 billion. Legacy hardware side is a ball and chain. Earlier, shares were up 4.5%. Shares of oracle corporation (nyse: