By Anusuya Lahiri
Publication Date: 2026-06-05 16:48:00
Oracle Corp (NYSE:ORCL) The stock fell on Friday as investors became more cautious about the company’s debt-funded AI infrastructure spending.
Premarket profit-taking and a broader tech sell-off that weighed on the Nasdaq and S&P 500 also added pressure.
BNP Paribas Analyst Stefan Slowinski remains bullish on Oracle, maintaining his Outperform rating and a price forecast of $283. However, he expects the company’s fiscal 2027 investment outlook to be in focus when the company reports fourth-quarter results.
Slowinski expects Oracle to reiterate its growth targets
Slowinski said Oracle continues to make progress on its cloud infrastructure strategy, with funding issues partially resolved through bring-your-own-cloud agreements, customer prepayments and OpenAI’s $122 billion fundraising to support computing needs.
The analyst expects Oracle to deliver broadly in line with OCI growth near the consensus estimate of 92% in the fiscal fourth quarter.
He also expects the first quarter of fiscal year 2027…
