By Aashika Suresh
Publication Date: 2026-06-09 04:52:00
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Evercore ISI analyst Kirk Materne raised the price target on Oracle to $245 and maintained an Outperform rating on the stock, suggesting upside potential of nearly 16% from its previous closing price.
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TD Cowen analyst Derrick Wood also raised the price target on Oracle from $250 to $300 and gave the stock a Buy rating ahead of Q4 results this week.
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Analysts expect fourth-quarter revenue to rise about 20% to $19.09 billion, according to Fiscal.ai estimates.
Oracle Corp. (ORCL) has attracted significant attention from retail investors and Wall Street analysts ahead of its fourth-quarter earnings release on Wednesday, as all eyes are on the company’s ambitious capacity expansion plans amid growing AI demand.
Retail discussions of the company rose 234% in 24 hours, according to Stocktwits data, even as the company faced price target hikes from multiple Wall Street analysts.
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