Oracle (ORCL) Stock: What Wall Street Expects from Earnings on Thursday
TLDR
- Oracle reports Q1 fiscal earnings after market close on September 10, with options traders pricing in an 11.2% price move.
- Wall Street expects quarterly revenue of $19.13 billion, up 28% year-over-year, with EPS of $1.74.
- Oracle’s order backlog stands at $638 billion, roughly 9.5 times its total fiscal 2026 revenue.
- Cloud infrastructure sales jumped 93% last quarter, but free cash flow fell to negative $23.7 billion due to heavy data center spending.
- Morgan Stanley raised its price target to $210, while Bank of America holds a Buy rating with a $240 target.
Oracle stock is trading near $157.62 heading into its September 10 earnings report, down 19% this year. Options traders are pricing in a move of around 11.2% in either direction after results drop.
Wall Street expects quarterly sales of $19.13 billion, up nearly 28% from a year ago. EPS is forecast at $1.74.
Morgan Stanley analyst Sanjit Singh sees an “attractive tactical setup” ahead of the print. He believes Oracle could report cloud revenue growth of 63% year-over-year, toward the high end of the 58% to 65% range management guided to.
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