Wall Street Maintains its Mixed Outlook on Oracle (ORCL)

​Oracle Corporation (NYSE:ORCL) is one of the Best SaaS Stocks to Buy Right Now. Wall Street has a mixed outlook on Oracle Corporation (NYSE:ORCL) since the release of its fiscal Q2 2026 results on December 10. The company posted mixed results during the quarter, and the stock has fallen more than 14.82% since the release.

​Recently, on December 12, Goldman Sachs analyst Kash Rangan lowered the firm’s price target on the stock from $320 to $220, and maintained a Hold rating on the stock. A day earlier, on December 11, Brett Huff from Stephens also lowered the price target from $331 to $254, while keeping a Hold rating on the stock.

​During the quarter, Oracle Corporation (NYSE:ORCL) grew its revenue by 14.22% year-over-year to $16.06 billion, but fell short of expectations by $134.2 million. On the bright side, the EPS of $2.26 topped estimates by $0.62. The growth was driven by a 32% increase in Cloud Revenue, 68% increase in Cloud Infrastructure revenue, and 11% increase in Cloud Application revenue. Notably, the remaining performance obligation revenue went up by 438% year-over-year to $523 billion.

​Analyst Kash Rangan of Goldman Sachs lowered the price target on the stock, noting the revenue growth to be modest, along with high capital expenditure and free cash flow burn. The analyst highlighted that this, topped with the existing concerns regarding financing, tenant concentration, and valuation, results in a cautious rating.

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

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Disclosure: None. This article is originally published at Insider Monkey.