Cantor Fitzgerald Raises Oracle Price Target to $271, Keeps Overweight Rating

Cantor Fitzgerald has raised Oracle's (ORCL) price target from $216 to $271 and maintained an Overweight rating. The firm increased estimates for Oracle Cloud Infrastructure, Cloud Database Services, and Multicloud CDBS, surpassing consensus estimates for fiscal years 2027-2029. Cantor Fitzgerald expects core OCI Infrastructure-as-a-Service revenues to rise from 56% growth to 85% growth in fiscal 2026, with adjusted OCI estimates 5-6% higher than consensus estimates for fiscal years 2028 and 2029.

Cantor Fitzgerald has recently raised Oracle Corporation's (ORCL) price target from $216 to $271, maintaining an Overweight rating. The firm's upgrade is based on robust expectations for Oracle Cloud Infrastructure (OCI), Cloud Database Services, and Multicloud CDBS, surpassing consensus estimates for fiscal years 2027-2029 [1].

Cantor Fitzgerald anticipates core OCI Infrastructure-as-a-Service (IaaS) revenues to surge from 56% growth in fiscal 2026 to 85% growth. Adjusted OCI estimates for fiscal years 2028 and 2029 are projected to be 5-6% higher than consensus estimates [1].

Oracle's continued investment in cloud infrastructure, including its Oracle Cloud Infrastructure, positions the company well for sustained growth in the dynamic software industry. The company's strategic partnerships with Amazon and Google, as well as its Gen 2 Cloud driving artificial intelligence clientele, underscore its strong market position [1].

However, the firm acknowledges that higher spending on product enhancements and increasing competition in the cloud domain may limit margin expansion [1]. Despite this, Cantor Fitzgerald remains bullish on Oracle's prospects, driven by its strong financial performance and robust cloud offerings.

References:
[1] https://www.nasdaq.com/articles/zacks-analyst-blog-highlights-oracle-disney-and-kkr