By Daniel Howley
Publication Date: 2026-03-11 16:29:00
Wall Street gave Oracle (ORCL) took a breather on Wednesday after the company reported better-than-expected third-quarter results and raised its fiscal 2027 revenue to $90 billion.
Investors welcomed the news, with shares of Oracle rising as much as 14% in early trading on Wednesday. Analysts were positive about the improved 2027 outlook, but some also pointed to the risk that some of Oracle’s assets are tied to OpenAI (OPAI.PVT).
“From our perspective, it is encouraging that Oracle is building a more diversified pipeline of cloud and AI deals within the company,” BofA Global Research analyst Brad Sills wrote in a note to investors following Oracle’s earnings release.
“However, there has been little news on the large OpenAI contract,” he said. “There remains uncertainty regarding the timing of delivery and the viability of this important contract.”
William Blair analyst Sebastien Naji expressed a similar assessment of the risk posed by Oracle’s OpenAI contract.
“Risks…