Core Insights - Oracle Corporation is valued at a market cap of $807.7 billion and is a leading provider of enterprise software, cloud services, and database technologies [1] - The company is expected to report a profit of $1.29 per share for fiscal Q2 2026, reflecting a 12.2% increase from the previous year [2] - Oracle's stock has increased by 63.3% over the past 52 weeks, outperforming the S&P 500 Index and the Technology Select Sector SPDR Fund [3] Financial Performance - Analysts predict Oracle will report a profit of $5.41 per share for fiscal 2026, a 23% increase from $4.40 per share in fiscal 2025 [2] - The expected EPS growth for fiscal 2027 is 19.4%, reaching $6.46 [2] - In Q1, Oracle's EPS of $1.20 exceeded forecasts by 4.4% [2] Strategic Developments - On October 13, Oracle's shares surged 5.1% following a strategic partnership with Zoom Communications to enhance its cloud capabilities [4] - The partnership will involve running Zoom's customer experience platform on Oracle Cloud Infrastructure [4] Analyst Ratings - Wall Street analysts have a "Moderate Buy" rating for Oracle, with 28 out of 40 analysts recommending "Strong Buy" [5] - The mean price target for Oracle is $355.80, indicating a potential upside of 26.4% from current levels [5]
Oracle Earnings Preview: What to Expect