Technology company Oracle Corporation (ORCL) is scheduled to announce its results for the first quarter of FY26 tomorrow, September 9. Oracle stock has rallied over 66% in the past year, fueled by strength in cloud infrastructure and its AI-driven services. Wall Street analysts expect the company to report earnings of $1.48 per share, reflecting about 6.5% year-over-year growth.
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Meanwhile, revenues are expected to grow by 13% from the year-ago quarter to $15.04 billion, according to data from the TipRanks Forecast page. The expected growth is mainly due to strong demand for Oracle’s cloud services, especially as more users turn to it for generative AI work. It’s important to note that Oracle has outperformed EPS estimates in six out of the past nine quarters.
Analysts’ Views Ahead of ORCL’s Q1 Print
Ahead of the Q1 report, Global Equities Research analyst Trip Chowdhry lifted his price target on Oracle to $400 from $250, while keeping a Buy rating. The analyst pointed to a big shift in AI trends, with developers moving from “agentic AI” to “context engineering,” which he sees as a major catalyst for Oracle.
Chowdhry said August was a slow month for Oracle’s business deals, and he expects the weakness to last until late September. After that, he sees deal activity picking up through the end of the year. In his view, this is only a short-term issue, and long-term investors should use the current weakness as a buying opportunity, since Oracle’s fundamentals remain strong.
Meanwhile, Mizuho Securities raised the stock’s price target to $300 from $245 and kept a Buy rating, citing rising demand for AI and ORCL’s solid position in the market. The firm highlighted Oracle Cloud Infrastructure (OCI) as a key growth engine, thanks to its fast and cost-effective GPU clusters.
According to Main Street Data, Oracle’s Cloud and License unit grew 14% year-over-year to $11.7 billion. The jump was led by strong demand for Oracle Cloud Infrastructure (OCI) and key business apps.
Options Traders Anticipate a Large Move
Using TipRanks’ Options tool, we can see what options traders are expecting from the stock immediately after its earnings report. The expected earnings move is determined by calculating the at-the-money straddle of the options closest to expiration after the earnings announcement. If this sounds complicated, don’t worry, the Options tool does this for you.
Indeed, it currently says that options traders are expecting a 9.70% move in either direction.
Is Oracle a Good Stock to Buy Now?
Overall, Wall Street has a Moderate Buy consensus rating on ORCL stock, based on 24 Buys and 10 Holds assigned in the last three months. The average Oracle stock price target of $253.24 implies about 8.78% upside potential from current levels.
