Oracle price target raised to $220 from $200 at Jefferies

Jefferies raised the firm’s price target on Oracle (ORCL) to $220 from $200 and keeps a Buy rating on the shares following the Q4 report. Oracle beat high remaining performance obligation expectations with 41% growth and fiscal 2026 guide of 100%-plus growth not including Stargate, reinforcing the breadth of its artificial intelligence buildout, the analyst tells investors in a research note. The firm says the company’s cloud revenue growth is expected to accelerate in fiscal 2026, “highlighting a widening supply-demand gap.” While Oracle’s Q4 results were mixed, RPO momentum and the revenue conversion potential can support upside in the shares, contends Jefferies.