Stifel Cuts PT on Oracle Corporation (ORCL)

Oracle Corporation (NYSE:ORCL) is one of the most profitable blue chip stocks to invest in now. Stifel cut the price target on Oracle Corporation (NYSE:ORCL) to $220 from $275 on March 11, maintaining a Buy rating on the share. The firm told investors in a post-earnings note that while it expects capex growth in FY27 to $75 billion, it also believes that factors such as accelerating IaaS growth stemming from AI and multi-database cloud, and sustained momentum in SaaS apps, should pave the way to better EPS growth rates in FY27.

Oracle’s (ORCL) Strategic Innovation Boosts its Dividend Appeal

The rating update came after Oracle Corporation (NYSE:ORCL) reported its fiscal Q3 2026 financial results on March 10, stating that total revenue for the quarter rose to $17.2 billion, up 22% in USD and up 18% in constant currency. GAAP Earnings per Share for the quarter also grew 24% to $1.27, while non-GAAP Earnings per Share rose 21% to $1.79. In addition, the remaining performance obligations for Q3 were $553 billion, up 325% year-over-year in USD.

Oracle Corporation (NYSE:ORCL) provides products and services addressing aspects of corporate IT environments, including applications and infrastructure technologies. The company’s operations are divided into the following business segments: Cloud and License, Hardware, and Services.

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