RBC Capital Keeps $310 Price Target for Oracle (ORCL) Ahead of Q2 FY2026 Earnings

Oracle Corporation (NYSE:ORCL) is a Must-Watch AI Stock on Wall Street. On December 5, RBC Capital reiterated its “Sector Perform” rating on the stock with a $310.00 price target. The rating affirmation comes ahead of the company’s F2Q26 earnings report set to release on Wednesday, December 10th.

In an investor note, the analyst acknowledged growing investor caution for the stock despite existing long-term AI and cloud tailwinds. The firm will be focusing on several areas in the upcoming earnings print.

“F2Q26 Earnings Preview: The Music Plays On But Investor Scrutiny Growing; We maintain our Sector Perform rating and $310 PT on Oracle, heading into F2Q26 earnings, slated for Wednesday, December 10th with a call at 5PM ET."

"We’ll be looking for commentary around: potential financing alternatives as fixed income and derivative markets show signs of skepticism; RPO trends going forward; timeline updates for ramped capacity; and AI potentially helping to accelerate cloud migrations.”

Analysts noted how Oracle shares have been under pressure due to investors’ caution surrounding OCI customer concentration, potential margin compression, and incremental leverage, amongst others.

“Shares trade at 28× CY26E EPS, while our $310 PT is based on a 43× CY26E EPS.”

Oracle Corporation (NYSE:ORCL) is a database management and cloud service provider.

While we acknowledge the potential of ORCL as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

READ NEXT: 10 AI Stocks Making Headlines on Wall Street and 12 Must-Watch AI Stocks on Wall Street. 

Disclosure: None.