Wall Street Analysts Boost Oracle Stock Target Before Earnings

Wall Street analysts are keeping a positive outlook on Oracle ahead of the fiscal first quarter earnings report scheduled for September 10. Analysts expect the company to report earnings of $1.74 per share, which is an 18 percent increase from the previous year. Revenue is projected to hit $19.14 billion, marking growth of about 28 percent.

Investor attention centers firmly on Oracle Cloud Infrastructure and the rapid expansion of artificial intelligence operations. The company previously reported a record contract backlog of $638 billion, giving traders clear visibility into future revenue. Analysts will watch capital spending and data center updates closely during the earnings call.

Market data shows a strong buy consensus among analysts, with an average price target sitting significantly higher than current trading levels. While enthusiasm remains high around cloud momentum, some caution lingers regarding heavy infrastructure spending and execution risks for large data center projects.