Oracle Forecasts $1.96 Q4 EPS, Citi Boosts Target to $330 as Hyperscalers Spend $700B
ORCL•Analysts forecast Oracle’s Q4 EPS at $1.96 on $19.09 billion revenue; Citi raised its FY27 EPS estimate by $0.10 and lifted its price target to $330. Oracle is among U.S. hyperscalers set to spend over $700 billion on datacenter infrastructure as options markets price a 15.6% post-earnings swing.
1. Q4 Earnings Outlook
Analysts expect Oracle to report fiscal Q4 EPS of $1.96 on $19.09 billion revenue, reflecting year-over-year growth of 15.3% in earnings and 20% in sales as the company seeks to demonstrate AI-driven cloud momentum.
2. Citi Raises Targets
Citi raised its FY27 EPS estimate for Oracle by $0.10 above consensus and increased its price target from $320 to $330, even after trimming longer-term estimates by 2%–3% due to rising capex and ongoing cost cuts.
3. Hyperscaler Capex Participation
Oracle joins other U.S. hyperscalers in a projected $700 billion-plus spending wave on datacenter infrastructure in 2026, underpinning demand for its cloud services and supporting long-term growth prospects.
4. Options Market Pricing
Options traders are pricing in a 15.6% one-day swing following Oracle’s June 10 earnings report, above the stock's eight-quarter historical average move of 13%, indicating elevated volatility expectations.
