BofA Securities Raises Oracle Price Target to $240
BofA Securities analyst Tal Liani raised the price target on Oracle (NYSE: ORCL) to $240.00 (from $200.00) while maintaining a Buy rating.
“Oracle reports 4Q26 results after the close on Wednesday, June 10th.
The stock is up +30% since 3Q26 earnings and +45% since our reinstatement of coverage in March, primarily related to broader software strength and reduced funding overhang following ~$50bn of recent debt and equity raises.
Into the print, we expect the key areas of focus to center on: (1) data center buildout and pace of revenue recognition, (2) capex and financing needs tied to DC buildout and (3) sustained strength in the core business.
We reiterate our Buy rating and raise our PO to $240 from $200, based on 26.5x our CY27E P/E estimates vs 22x prior, as underlying demand trends remain robust across both cloud infrastructure and database workloads.”
The price target and rating on this page are the opinion of the issuing research firm and its analyst, not of Price Target. This page is published for informational purposes only and is not investment advice, a recommendation, or an offer to buy or sell any security. Past performance does not guarantee future results. Consider your own circumstances and consult a licensed financial adviser before making investment decisions.
This research note is reproduced verbatim from the issuing firm. Price Target never edits, paraphrases or alters analysts’ words — we only republish them in one place.
