DA Davidson Raises Oracle Price Target After Q4

DA Davidson raised its price objective on Oracle Corporation (NYSE: ORCL) from $200 to $225 on June 11, 2026, while maintaining a Buy rating, per Insider Monkey. The revised target implies an upside of over 22%.

The upgrade followed Oracle's Q4 earnings report on June 10. Per Insider Monkey, Oracle beat both top and bottom-line analyst estimates. Cloud infrastructure revenue rose 93% year-over-year to $5.8 billion, and remaining performance obligations -- a forward-looking revenue indicator representing contracted but unrecognized revenue -- grew 353% year-over-year to $638 billion as of May 31.

Oracle reaffirmed its FY2027 revenue guidance of $90 billion and raised its adjusted earnings per share forecast to $8.05, representing 18% year-over-year growth -- above prior analyst consensus of $8.01 EPS and $88.9 billion in revenue, per Insider Monkey. Oracle's stated long-term targets include a revenue CAGR above 31% and EPS CAGR above 28% through fiscal year 2030.

Oracle Cloud Infrastructure (OCI) is a major provider of GPU compute capacity for enterprise AI workloads. The 93% cloud infrastructure growth and the 353% jump in remaining performance obligations reflect sustained multi-year enterprise commitments for AI compute at scale. For data practitioners, these figures indicate that cloud AI infrastructure demand remains well ahead of supply, with no near-term easing visible in Oracle's pipeline.

The Insider Monkey source is a secondary aggregator; the underlying DA Davidson research note is not publicly available. Figures above are from that secondary coverage and have not been independently verified against Oracle's primary Q4 press release or SEC filings.