Oracle Price Prediction: Why $245 Is Just the Beginning

Oracle has a 12-month price target of $245.34, implying 25.42% upside from $195.61, and a buy recommendation with 90% confidence. The confidence is driven by a record contracted backlog and accelerating cloud infrastructure economics. Oracle shares have risen over the past month and year but remain below the 52-week high after a volatile period. In the Q3 FY2026 results, revenue reached $17.19 billion and EPS reached $1.79, with organic revenue and non-GAAP EPS growing 20%+. IaaS revenue increased 84% and Remaining Performance Obligations rose 325% to $553 billion. Management raised FY2027 revenue guidance to $90 billion, and OCI revenue guidance scales upward over the next four years.

"Our 24/7 Wall St. price target for Oracle ( NYSE:ORCL | ORCL Price Prediction) is $245.34 over the next 12 months, implying 25.42% upside from $195.61. The recommendation is buy, with a 90% confidence level driven by a record contracted backlog and accelerating cloud infrastructure economics. This is one of the highest-conviction setups in mega-cap software right now."

"The Q3 FY2026 report on March 10, 2026 changed the narrative. Revenue hit $17.19 billion with EPS of $1.79, the first quarter in over 15 years with organic revenue and non-GAAP EPS both growing 20%+. IaaS revenue jumped 84% to $4.89 billion, and Remaining Performance Obligations exploded 325% to $553 billion. Management raised FY2027 revenue guidance to $90 billion."

"The bull case rests on contracted revenue. RPO has marched from $138 billion at the end of FY2025 to $553 billion three quarters later. Safra Catz's roadmap calls for OCI revenue of $18 billion this year, scaling to $32 billion, $73 billion, $114 billion, and $144 billion across the next four years. Co-CEO Clay Magouyrk noted "Multi-cloud database revenue grew 531% year over year. AI infrastructure revenue grew 243% year over year" in Q3."

"The bear case starts with the balance sheet. Non-current debt sits at $124.7 billion, up from $85.3 billion at fiscal year-end"

Read at 24/7 Wall St.