Key Takeaways
- Oracle’s fiscal Q4 2026 results are scheduled for release Wednesday, June 10, after market close
- Bank of America lifted its price objective to $240 from $200 while maintaining a Buy recommendation
- Citi’s Tyler Radke increased his target to $330, suggesting approximately 56% potential upside
- Shares have surged roughly 48% during the last two months, though they’ve declined approximately 13% over the past week
- Street consensus points to a Strong Buy with 28 Buy ratings versus 5 Hold ratings and a mean target of $268.44
Oracle shares are currently trading near $211.82 as investors await the company’s fiscal fourth-quarter 2026 financial results, scheduled for release after Wednesday’s closing bell on June 10.
Shares have jumped approximately 48% during the past two months, though the stock has retreated roughly 13% over the previous week amid heightened market uncertainty leading up to the earnings announcement.
Bank of America Securities boosted its price objective on Oracle to $240 from $200 on Monday while reaffirming its Buy recommendation. The investment firm attributed the post-Q3 rally to strengthened sentiment across the software sector and reduced financing concerns after the company raised approximately $50 billion through recent debt and equity offerings.
BofA’s updated target reflects a valuation of 26.5 times its calendar year 2027 earnings projection, an increase from the previous 22 times multiple.
Street Expectations and Forecasts
Citi’s Tyler Radke holds an even more optimistic view. He elevated his price objective to $330 from $320, representing roughly 56% upside potential from present levels, while maintaining his Buy stance.
Radke anticipates Oracle will deliver revenue and profitability figures at the high end of its projected guidance range. He also believes IaaS expansion will continue its trajectory, with robust OCI performance compensating for weaker SaaS outcomes.
For the upcoming quarter, Radke projects net new remaining performance obligations (NNRPO) could reach approximately $600 billion, driven by widespread demand throughout cloud infrastructure services.
Looking toward fiscal Q1, he anticipates cloud guidance will suggest around 60% expansion, with capital spending potentially surpassing $80 billion during fiscal 2027.
Evercore ISI is modeling Q4 revenue at $19.0 billion, representing a 19.5% year-over-year climb, alongside EPS of $1.95 — slightly beneath the $1.96 Street consensus.
Additional Price Targets Signal Bullish Sentiment
TD Cowen maintains a $300 price objective. Oppenheimer holds at $275. Evercore ISI stands at $245. Barclays carries an Overweight recommendation with a $240 target.
Guggenheim represents the most optimistic voice among major analysts, sustaining a Buy rating with a $400 price target, citing Oracle’s recent capital raising activities and the significant OpenAI financing round as encouraging signals.
Oracle presently carries a P/E ratio of 38. According to BofA’s InvestingPro analytics, the company’s overall financial health scores “GOOD” at 2.56, although the platform suggests the stock may be overvalued compared to its Fair Value calculation.
The consensus Street target stands at $268.44, implying approximately 27% upside potential from current price levels. With 28 Buy recommendations and 5 Hold ratings, analyst consensus designates ORCL as a Strong Buy.
Oracle previously reported a 30% stock appreciation following its Q3 fiscal 2026 earnings release, and a 45% gain since Bank of America resumed coverage in March.
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