Stifel analyst Brad Reback raised the price target on Oracle (NYSE: ORCL) to $180.00 (from $150.00) while maintaining a Hold rating.

The analyst commented, “Oracle posted solid results, as total revenue and EPS both came in above the high-end of CC guidance, with strong OCI growth (+62% Y/Y) and a reacceleration in SaaS growth. Looking forward, given solid pipeline and RPO visibility, management raised the FY26 guide to >$67B, +~16% Y/Y-CC (vs. $66B previously) and laid out expectations for Total Cloud and Cloud IaaS revenue growth to accelerate in FY26 to 40% and 70% Y/Y, respectively. Further, management expects >100% RPO growth in FY26, and indicated that these numbers contain very little contribution, if any at all, from Stargate. This is no question this growth acceleration is positive, but it is coming with a cost as operating income growth is likely to lag revenue growth in coming quarters and the company will probably need to raise capital to fund increased capex needs which potentially limits multiple expansion. Target goes to $180 (~27X CY26 EPS).”