Oracle Stock Draws Multiple Price Target Hikes Ahead of Q4 Earnings on Wednesday; TD Cowen Raises Target to $300

According to TheFly, multiple Wall Street analysts raised price targets on Oracle (ORCL) ahead of the company's Q4 earnings report due Wednesday. TD Cowen analyst Derrick Wood lifted the target to $300 from $250 with a 'Buy' rating, citing favorable conditions from increased GPU capacity and reduced operating expenditure. Evercore ISI analyst Kirk Materne raised the target to $245 from $220 and maintained an 'Outperform' rating. Oppenheimer also hiked the target to $275 from $235, reiterating Oracle as its top 2026 pick.

Analysts expect Oracle's Q4 revenue to increase about 20% to $19.09 billion, with earnings per share projected at $1.96, according to estimates from Fiscal.ai. Retail investor interest in the stock surged 234% in 24 hours, according to Stocktwits data.