Did Citi maintain its Buy rating on Oracle?

Yes, Citi maintained its Buy rating on Oracle.

What does Citi see as Oracle's key driver in Q4?

Citi expects Oracle's cloud business to be the key performance driver in fiscal Q4.

When was the price target adjustment made?

The adjustment was made on June 4, 2026.

Citi Raises Oracle (ORCL) Price Target to $330, Maintains Buy

Citi raised its price target on Oracle (ORCL) to $330 from $320, maintaining a Buy rating. Analysts expect the cloud business to drive performance in fiscal Q4.

June 9, 2026

2 min read

Source: Insider Monkey

Key Numbers

previous price target

$320

new price target

$330

Citi raised its price target on Oracle Corporation (NYSE:ORCL) to $330 from $320, reiterating a Buy rating. The adjustment, made on June 4, reflects expectations of accelerating growth in Oracle's cloud infrastructure business.

Recommendation Change

Previous: Buy, $320 price target.
Current: Buy, $330 price target.

Analyst Rationale

Citi analysts believe Oracle's cloud business will remain a key performance driver in fiscal Q4. Growing demand for cloud infrastructure is expected to accelerate revenue growth, boosting analyst confidence.

Context

The recommendation comes as Oracle competes with tech giants like Amazon and Microsoft in the cloud market. The stock is also included in billionaire Ken Fisher's top 11 dividend stock picks. No other analysts have issued similar updates recently.

What to Make of It

While the price target increase is positive, Oracle's actual performance will depend on its ability to deliver on cloud growth expectations. Investors should monitor Q4 results to assess whether forecasts are met.

Frequently Asked Questions

Citi raised its price target on Oracle to $330 from $320.

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This article was rewritten in Wrqti's editorial style based on information from the original source above. Content is informational only — not investment advice.