What the analyst said

Piper Sandler analyst Billy Fitzsimmons reiterated an Overweight rating and $225.00 price target on Oracle (NYSE: ORCL).

“ORCL has remained a controversial name in our coverage as it is a massive beneficiary of generative AI (across IaaS and SaaS) but continues to generate concern around the capital required to fund its AI infra build-out, monetization of AI on the revenue line, customer concentration, and margins.

In this report, we take a closer look at what Oracle’s capex spend could mean for the capacity it brings online and how that could translate into OCI revenue.

Our analysis and attached deck show that Oracle could bring on ~$2.2B of OCI revenue in FY27 that is not currently contemplated in our estimates, based on ~2,400 MW of capacity that could come online this fiscal year.

ORCL has pulled back post-F4Q, but we are constructive given our OCI analysis, accelerating rev growth, the new CFO potentially being a more prudent guider, and reasonable expectations for the apps business in FY27.”

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Where the price stands

ORCL trades at $116. The 22 analysts who set a target in the last 3 months range from $155 to $400, with a median of $233. This $225 target is 3% below the median.

Since the note ORCL has moved −17% (from $140). 12-month window: day 124 of 365, closes on July 6, 2027.

Track record

This callOpen: ORCL has not reached $225 yet. This 12-month target is scored on June 11, 2027. Same target as this firm’s June 11, 2026 note, so it is scored there.

Firm track recordPiper Sandler: 79% of its 38 targets at least a year old were reached within 12 months (#14 of 26 firms). Accuracy ranking →

Piper Sandler on Oracle

Piper Sandler price targets on Oracle

4 calls from February 2, 2026 to July 6, 2026. The target went from $240 to $225 (−6%). The rating stayed Buy.

Piper Sandler targetORCL share price
  1. July 6, 2026 This noteKept the $225 targetBuy$225
  2. June 11, 2026Target raised from $210 (+7%)Buy$225
  3. March 11, 2026Target cut from $240 (−13%)Buy$210
  4. February 2, 2026Earliest call shownBuy$240
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Other analysts on Oracle

ScotiabankBuy Cut price target −5%, kept rating Oct 29 $205from $215 GuggenheimBuy Kept rating and price target Oct 29 $400maintained OppenheimerBuy Kept rating and price target Oct 29 $275maintained BairdBuy Kept rating and price target Oct 29 $215maintained Melius ResearchBuy Kept rating and price target Oct 29 $170maintained
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Price Target is an archive of Wall Street analyst research, published for informational purposes only. Nothing on this site is investment advice, a recommendation, or an offer to buy or sell any security. Analyst ratings and price targets are the opinions of the issuing firms, not of Price Target. Always do your own research or consult a licensed financial adviser.