Oracle Corp (NYSE:ORCL) shares are trading higher on Wednesday after Oppenheimer upgraded the stock from Perform to Outperform with a $185 price target.
Oppenheimer Upgrade Sparks Renewed Optimism
Oppenheimer analyst Brian Schwartz upgraded Oracle to Outperform and set a $185 price target — about 27% above current levels. Schwartz noted that Oracle shares have fallen 13% over the past year and 25% year‑to‑date, creating what he views as a compelling entry point, CNBC reported.
"We see a favorable risk/reward after the stock's multiples have been cut by more than half since September," Schwartz wrote.
Schwartz described Oracle as a "superior earnings‑per‑share compounder," arguing that strong EPS growth could help shift investor sentiment and drive a re‑rating of the stock. In his base and bull cases, he sees Oracle's EPS doubling or even tripling by fiscal 2030.
Risk Profile Improving
The analyst also highlighted improvements in Oracle's risk profile, particularly around concerns tied to OpenAI. With new funding plans and renewed momentum at the AI company, Schwartz believes those risks are easing.
He added that Oracle's recent capital‑raising efforts should support continued cloud‑infrastructure expansion — an area he views as relatively insulated from AI‑driven disruption.
What Do Other Analysts Think?
Oracle has been drawing positive attention from financial analysts in February, with several firms upgrading their ratings for the company. On top of Oppenheimer’s upgrade, DA Davidson upgraded its rating from Neutral to Buy and set a $180 target.
However, some analysts have also revised their target prices downwards. Citizens maintained a Market Outperform rating but reduced their target from $342 to $285. Likewise, Scotiabank maintained a Sector Outperform rating but lowered its target from $260 to $220. Piper Sandler also held onto an Overweight rating but cut its target from $290 to $240.
ORCL Price Action: Oracle shares were up 2.68% at $150.04 at the time of publication on Wednesday, according to Benzinga Pro.
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