Key Takeaways
- Oracle’s fiscal Q4 2026 results are scheduled for release after market close on Wednesday, June 10
- 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 past two months, though they’ve declined approximately 13% this week
- Analyst consensus shows Strong Buy with 28 Buy ratings versus 5 Hold ratings, averaging a $268.44 price target
Oracle shares are currently hovering 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.
The technology giant’s shares have experienced a remarkable rally of approximately 48% during the past two months, though recent market turbulence has triggered a roughly 13% pullback over the past week leading into the earnings announcement.
Bank of America Securities upgraded its price objective for Oracle to $240 from $200 on Monday while reaffirming its Buy recommendation. The investment firm attributed the post-Q3 earnings rally primarily to strengthened sentiment across the software sector and diminished concerns about funding availability, particularly following Oracle’s approximately $50 billion in combined debt and equity capital raises.
BofA’s revised target reflects a valuation multiple of 26.5 times its calendar year 2027 earnings projection, an increase from the previously applied 22 times multiple.
Analyst Expectations Breakdown
Citi’s technology analyst Tyler Radke maintains an even more optimistic outlook. He elevated his price target to $330 from $320, suggesting potential upside of roughly 56% from present trading levels, while retaining his Buy rating.
Radke anticipates Oracle will deliver revenue and profitability figures near the high end of management’s guidance range. He also projects continued momentum in IaaS growth, with robust OCI performance expected to counterbalance weaker SaaS segment results.
For the upcoming quarter, Radke predicts net new remaining performance obligations (NNRPO) will reach approximately $600 billion, fueled by widespread demand across cloud infrastructure offerings.
Looking toward fiscal Q1, he anticipates cloud guidance will suggest growth in the vicinity of 60%, with capital expenditure potentially surpassing $80 billion throughout fiscal 2027.
Evercore ISI is forecasting Q4 revenue of $19.0 billion, representing a 19.5% year-over-year jump, alongside EPS of $1.95 — marginally below the consensus estimate of $1.96.
Bullish Price Targets Across Wall Street
TD Cowen maintains a $300 price objective. Oppenheimer has established a $275 target. Evercore ISI stands at $245. Barclays holds an Overweight rating accompanied by a $240 target.
Guggenheim leads the pack with the most aggressive stance, sustaining a Buy rating with a $400 price target, citing Oracle’s recent capital raise and the significant OpenAI funding round as encouraging signals for future growth.
Oracle presently trades at a price-to-earnings ratio of 38. According to BofA’s InvestingPro analysis, the company receives an overall financial health score of “GOOD” at 2.56, although the data suggests the stock may be trading above its Fair Value estimate.
The Wall Street average price target stands at $268.44, representing approximately 27% upside potential from current trading levels. With 28 Buy ratings and 5 Hold ratings, analyst consensus classifies 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 reinstated coverage in March.
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