What is 24/7 Wall St.'s rating for Oracle stock?

The rating is 'Buy' with a 90% confidence level.

Are there any risks associated with Oracle's outlook?

The report does not mention specific risks, but investors should consider market and competitive risks.

Oracle Price Target Raised to $245, Buy Rating Maintained

Q: What factors support the Oracle price target?

Factors include a record contracted backlog and accelerating cloud infrastructure economics.

24/7 Wall St. raised its price target for Oracle (NYSE:ORCL) to $245.34, representing a 25.42% upside from $195.61, with a buy rating and 90% confidence level supported by a record contracted backlog and accelerating cloud infrastructure economics.

By: Wrqti Editorial

May 15, 2026

2 min read

Source: 24/7 Wall St.

Key Numbers

current price

195.61

target price

245.34

upside percent

25.42%

confidence level

90%

24/7 Wall St. has raised its price target for Oracle (NYSE:ORCL) to $245.34 over the next 12 months, implying a 25.42% upside from the current price of $195.61. The firm maintains a "Buy" rating with a 90% confidence level, citing a record contracted backlog and accelerating cloud infrastructure economics as key drivers.

Rating Change

Previous Rating: Not disclosed
Current Rating: Buy
New Price Target: $245.34
Current Price: $195.61
Potential Upside: 25.42%

Analyst Rationale

Analysts at 24/7 Wall St. view Oracle as one of the highest-conviction setups in mega-cap software, driven by:

Record Contracted Backlog: Unprecedented backlog securing future revenue.
Accelerating Cloud Economics: Improving margins in cloud infrastructure as demand rises.
90% Confidence Level: Reflects strong fundamentals and visibility.

Context

The report does not mention other analysts' ratings, but Oracle's recent performance indicates investor confidence in its cloud strategy. The stock trades at $195.61, below the new target.

Conclusion

The outlook for Oracle is positive based on record backlog and accelerating cloud economics, but investors should consider market and competitive risks before making decisions.

Frequently Asked Questions

The new price target is $245.34, implying a 25.42% upside from the current price of $195.61.

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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.