Vandita Jadeja
Fri, May 15, 2026 astatine 11:32 AM CDT 4 min read
Quick Read
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Oracle (ORCL) reported Q3 FY2026 gross of $17.19B with integrated gross and non-GAAP EPS some increasing 20%+ for the archetypal clip successful implicit 15 years, portion IaaS gross surged 84% to $4.89B and Remaining Performance Obligations exploded 325% to $553B, with absorption raising FY2027 gross guidance to $90B.
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Oracle’s grounds contracted backlog and accelerating unreality infrastructure economics presumption the institution to person RPO into reported gross astatine existent rates arsenic its OCI infrastructure ramp scales crossed the adjacent 4 years.
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The expert who called NVIDIA successful 2010 conscionable named his apical 10 stocks and Oracle wasn't 1 of them. Get them present FREE.
Our 24/7 Wall St. terms people for Oracle (NYSE:ORCL) is $245.34 implicit the adjacent 12 months, implying 25.42% upside from $195.61. The proposal is buy, with a 90% assurance level driven by a grounds contracted backlog and accelerating unreality infrastructure economics. This is 1 of the highest-conviction setups successful mega-cap bundle close now.
24/7 Wall St. Price Target Summary
| Current Price | $195.61 |
| 24/7 Wall St. Price Target | $245.34 |
| Upside | 25.42% |
| Recommendation | BUY |
| Confidence Level | 90% |
A Volatile Year Reset by a Blockbuster Q3
Oracle shares are up 20.01% implicit the past period and 21.24% implicit the past year, but the thrust has been wild. The banal peaked adjacent $343.01 successful precocious 2025 earlier bottoming astir $134.57 successful February arsenic investors questioned the capex bill. Today, Oracle sits 29% beneath its 52-week high.
The Q3 FY2026 study connected March 10, 2026 changed the narrative. Revenue deed $17.19 cardinal with EPS of $1.79, the archetypal 4th successful implicit 15 years with integrated gross and non-GAAP EPS some increasing 20%+. IaaS gross jumped 84% to $4.89 billion, and Remaining Performance Obligations exploded 325% to $553 billion. Management raised FY2027 gross guidance to $90 billion.
The expert who called NVIDIA successful 2010 conscionable named his apical 10 stocks and Oracle wasn't 1 of them. Get them present FREE.
Why Bulls See a Breakout Ahead
The bull lawsuit rests connected contracted revenue. RPO has marched from $138 cardinal astatine the extremity of FY2025 to $553 cardinal 3 quarters later. Safra Catz's roadmap calls for OCI gross of $18 cardinal this year, scaling to $32 billion, $73 billion, $114 billion, and $144 cardinal crossed the adjacent 4 years. Co-CEO Clay Magouyrk noted "Multi-cloud database gross grew 531% twelvemonth implicit year. AI infrastructure gross grew 243% twelvemonth implicit year" successful Q3.
Wall Street has 7 Strong Buy and 28 Buy ratings versus conscionable 1 Sell, with a statement people of $242.74. Our bull lawsuit script points to $350.32 by May 2027, a 79.09% instrumentality if AI capableness utilization keeps gross margins supra 30% and the OCI ramp tracks guidance.

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