Oracle Corporation 4Q26 Preview

Oracle reports 4Q26 earnings on June 10th with expectations centered on data center expansion, capital intensity, and cloud growth. Analysts reiterate a 'Buy' rating and increased the price target to $240 based on robust demand for its cloud and database segments.

Key Takeaways

• 1.Oracle is aggressively investing in data center capacity to meet high demand for AI-optimized infrastructure and cloud compute.
• 2.Elevated capital expenditure requirements are expected to pressure free cash flow in the near term.
• 3.BofA raised the Price Objective for Oracle to $240 from $200, citing robust underlying demand trends across cloud infrastructure and database workloads.

Table of Contents

• Converting backlog into revenue; core strength to remain
• Cloud growth inflection and margins in focus
• Investment pace and financing flexibility
• Company Sector
• Company Description
• Investment Rationale
• Stock Data
• Quarterly Earnings Estimates
• Core growth supports revenue, but capex weights on FCF
• Price objective basis & risk
• Analyst Certification
• Disclosures