Oracle heads into Q1 results with analysts watching cloud, financing

Oracle Corporation stock is down over 50% from the all-time highs it set in September 2025. The company is due to report first-quarter financial results Thursday after market close. 93 billion in last year’s first quarter, according to data Pro. 18, set in the fourth quarter.

47 in last year’s first quarter. The company has topped analyst EPS estimates in three straight quarters and in seven of the last 10 quarters overall. Oracle is growing by 29% year-over-year in the first quarter, while analyst target prices cited ahead of earnings include $285 and $400. Walravens said investors should watch the company’s relationship with OpenAI, whether Oracle is on track for long-term revenue guidance, long-term financing plans and whether it can deliver its data center capacity plans.

The analyst pointed to Oracle’s prior guidance of revenue of $130 billion in fiscal 2028 and $185 billion in fiscal 2029. Walravens said funding is one of the main concerns heading into the print, but he still views the stock as an attractive opportunity for long-term capital appreciation. Guggenheim analyst John DiFucci said an equity raise has been an overhang on Oracle stock since fourth-quarter financial results and said investors want to see material progress this quarter after the company issued no equity in F4Q26. DiFucci said channel checks show improving trends in Oracle’s SaaS and database segments.

’ Other recent analyst ratings on Oracle stock and their price targets include Morgan Stanley’s maintained Equal-Weight rating and target increase from $207 to $210, RBC Capital’s maintained Sector Perform rating with a $190 target, Jefferies’ maintained Buy rating and cut to $290 from $320, and TD Cowen’s maintained Buy rating and cut to $240 from $300. Analysts and investors are also watching cloud and financing after a stretch of beats on revenue and earnings per share. 4% from all-time highs set nearly one year ago in mid-September 2025. Cloud revenue rose 47% year-over-year in the fourth quarter and was a key driver of the double beat and record results.

Another focus is remaining performance obligations, which were $638 billion at the end of the fourth quarter, up 363% year-over-year. Investors will be watching for that future revenue figure to remain high. The company shared Fiscal 2027 guidance has been set previously, and investors and analysts will be watching to see whether those figures are raised after first-quarter results. 72.