Multiple Analysts Upgrade Oracle Shares with Various Price Targets

Several analysts upgraded Oracle (ORCL), with various price target changes ranging from $200 to $319. JPMorgan, Oppenheimer, and Bernstein SocGen Group offered positive views on the stock, while Piper Sandler and Cantor Fitzgerald maintained their ratings. The upgrades follow Oracle's earnings results.

Multiple Wall Street analysts updated their ORCL ratings following the company's fiscal Q3 2026 earnings release on March 10th, where Oracle reported EPS of $1.79, beating consensus estimates of $1.74 by $0.05. JPMorgan upgraded the stock to Overweight from Neutral with a $210 price target, citing Oracle's 55% share price decline since mid-September as creating an attractive entry point.

Barclays raised its price target to $240 from $230, maintaining an Overweight rating and noting that Q3 results addressed investor concerns around capital expenditures and gross margin trajectory. Piper Sandler's Billy Fitzsimmons lowered his target to $210 from $240 to reflect the broader software multiple de-rating, while keeping an Overweight rating. Evercore ISI Group set a $220 target on March 5th, implying roughly 41% upside.

The confluence of analyst upgrades reflects a growing consensus that Oracle's cloud infrastructure pivot is gaining traction, even as the stock has been caught in the broader tech selloff. With cloud revenue acceleration and AI-related demand driving the growth narrative, investors should watch Oracle's remaining performance obligations and cloud bookings trends for confirmation of the bull thesis.