Citi raised the firm’s price target on Oracle (ORCL) to $196 from $186 and keeps a Neutral rating on the shares. The firm came away from the company’s Q4 print “incrementally positive” on fiscal 2026 demand, but “more lukewarm” on near-term profitability with its near-term earnings and free cash flow estimates falling. Oracle reported a solid Q4, albeit with modest bookings growth, which was overshadowed by a “robust” fiscal 2026 sales outlook with accelerating cloud, remaining performance obligation and total revenue growth, the analyst tells investors in a research note.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ORCL:
- AMD price target raised to $144 from $126 at Evercore ISI
- Oracle Hits a New 52-Week High on Blockbuster Earnings, Analysts Lift Price Targets
- Oracle price target raised to $221 from $202 at Barclays
- Oracle upgraded to Outperform from Market Perform at BMO Capital
- Oracle’s Earnings Call Highlights Robust Cloud Growth