Bernstein lowers the price target for Oracle (ORCL) to $313

Bernstein lowers the price target for Oracle (ORCL) to 3

By Allan Tripon
Publication Date: 2026-02-13 14:52:00

Oracle Corporation (NYSE:ORCL) is one of the 13 High-Risk, High-Return Growth Stocks to Invest In.

Bernstein lowered his price target on Oracle by 7.7% to $313 (from $339) on February 9, but maintained his outperform requirement on the stock. Uncertainty over how the company would finance the construction of the artificial intelligence data centers it would need to fulfill contracts signed in 2025 remained a major overhang, prompting the company to adjust its price target.

For comparison, OpenAI and Oracle signed a $300 billion contract in September 2025. Under this cloud services agreement, Oracle will provide computing power (worth 4.5 gigawatts of annual power capacity) to OpenAI for five years, starting in 2027 and ending in 2032.

To fund this deal, Oracle announced on February 1 that it plans to raise $45 billion to $50 billion in 2026 through a mix of debt and equity. Approximately half of this capital increase will be through equity capital, of which approximately $20 billion will be in the form of common stock…