Oracle stock price target raised to $271 from $216 at Cantor Fitzgerald

Investing.com - Cantor Fitzgerald raised its price target on Oracle (NYSE:ORCL) to $271.00 from $216.00 on Thursday, while maintaining an Overweight rating on the stock. The tech giant, currently valued at $677.77 billion, has seen its shares surge 75% over the past year, trading near its 52-week high of $241.44.

The firm increased its Oracle Cloud Infrastructure (OCI) estimates following its analysis of OCI, Cloud Database Services (CDBS), and Multicloud CDBS operations. Cantor Fitzgerald’s updated projections now exceed consensus estimates for fiscal years 2027 through 2029. According to InvestingPro data, Oracle’s current revenue stands at $57.4 billion, with an 8.38% growth rate.

The research note highlighted Oracle’s June 30, 2025 8K filing, which showed multicloud CDBS revenue continues to grow over 100%, with Cantor estimating fiscal 2025 growth exceeded 500%, though this segment represented less than 0.5% of total revenue. For deeper insights into Oracle’s growth metrics and 20+ additional ProTips, check out the comprehensive research report available on InvestingPro.

Cantor Fitzgerald noted that OCI core Infrastructure-as-a-Service revenues, excluding implied CDBS forecast, are expected to accelerate significantly from 56% to 85% in fiscal 2026. The firm’s adjusted OCI estimates remain 5-6% above Street consensus for fiscal 2028/2029.

The new $271 price target represents 11.5x calendar 2026 revenue, compared to the one-year average next-twelve-months EV/revenue multiple of 9x, with Cantor justifying the premium based on momentum in core OCI and potential for further positive revisions from their Street-high OCI estimates. Currently trading at a P/E ratio of 53.85x, InvestingPro analysis suggests the stock is trading above its Fair Value.

In other recent news, Oracle Corporation has been the subject of multiple analyst upgrades and raised price targets. Evercore ISI increased its price target for Oracle to $270, citing a positive fiscal year 2026 outlook and a significant $30 billion annual contract. The firm noted Oracle’s potential for revenue and EPS growth, particularly if its Cloud Infrastructure leans more towards AI services. Piper Sandler also upgraded Oracle to Overweight, raising its price target to $270, driven by strong AI momentum and increased enterprise opportunities. Bernstein raised its price target to $269, highlighting Oracle’s growth acceleration and its multi-year contract expected to generate substantial revenue by fiscal year 2028.

Additionally, Oracle reached a settlement agreement with Rimini Street (NASDAQ:RMNI), resolving a long-standing legal dispute. The settlement will result in Oracle returning $37.8 million to Rimini Street and includes a provision to prevent further legal proceedings during a specified wind-down period. This agreement concludes a contentious 15-year legal battle between the two companies. These developments reflect Oracle’s strategic positioning and growth potential in the technology sector.

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