Barclays expects Oracle’s shares to move higher after management commentary

Barclays expects Oracle’s (ORCL) shares to move higher in response to this morning’s 8K that discusses the company’s strong start to FY26 and discloses that Oracle signed multiple large cloud services agreements, including one expected to be over $30B in annual revenue starting in FY28. In the firm’s view, despite Oracle’s strong Q4 performance and subsequent share reaction, there was still a notable amount of investor skepticism in the company’s ability to reach its ambitious, longer-term revenue targets. Hence, today’s announcement should go a long way in securing investor confidence, it adds. Barclays has an Overweight rating on the shares with a price target of $221.