Oracle Corporation (NYSE:ORCL) shares rose during Tuesday's premarket session following fresh product news around its Fusion Applications AI tooling, even as the Technology sector stayed soft.

The move is also coming with S&P 500 futures slightly lower, setting up a mixed tape heading into the open.

Fusion Agentic Application Launch

Oracle is launching Fusion Agentic Applications, describing them as a new class of enterprise apps that run on Oracle Cloud Infrastructure and are powered by "industry-leading LLMs."

The company said 22 new Fusion Agentic Applications are now available, targeting specific objectives for leaders across finance, HR, supply chain, and customer experience.

Oracle framed the release around helping organizations "unlock time, capacity, and outcomes that were previously out of reach," positioning the tools as an extension of its Fusion Cloud Applications suite.

AI Product Expansion

Also, Oracle is expanding its AI Agent Studio for Fusion Applications with an "Agentic Applications Builder" plus new intelligent workflow tools.

The company has positioned the update as a way for customers to scale "outcome-driven AI" and measure value.

The company also said the tools are available at no additional cost and highlighted a partner ecosystem of 63,000-plus certified experts trained in Oracle AI Agent Studio.

Oracle also pointed to added capabilities inside the studio, such as orchestration, advanced testing, validation, and built-in security to help customers and partners create and manage AI agents and agentic applications.

AI Database Innovations

Also, the company rolled out agentic innovations for its AI Database, leaning into the "AI-era" security and data-governance conversation.

Oracle's announcement centers on "Oracle AI Database," adding new "agentic AI capabilities designed for business data," with the company positioning the update as a way to "eliminate the need to build and maintain data-movement pipelines" that can add complexity and security risk.

On the security side, Oracle says Oracle AI Database is built to help customers "safeguard data from external attacks, insider misuse, accidental disclosure, and unintended exposure to LLMs" across "multicloud, hybrid, and on-premises environments."

Oracle Analyst Outlook

The stock carries a Buy Rating with an average price target of $252.92. Recent analyst moves include:

  • Mizuho: Outperform (Lowers Target to $320.00) (Mar. 16)
  • Guggenheim: Buy (Maintains Target to $400.00) (Mar. 13)
  • Citigroup: Buy (Raises Target to $320.00) (Mar. 12)

Top ETF Exposure

  • iShares Expanded Tech-Software Sector ETF (BATS:IGV): 7.37% Weight
  • First Trust NASDAQ Technology Dividend Index Fund (NASDAQ:TDIV): 5.44% Weight
  • Pacer Data and Digital Revolution ETF (NYSE:TRFK): 8.13% Weight

Stock Price Activity: Oracle shares were up 0.43% at $155.00 during premarket trading on Tuesday, according to Benzinga Pro data.

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