Oracle Corporation (ORCL) earnings on June 10, 2026
More Oracle Corporation earnings
Prior outlook: Pessimistic Outcome: Accurate
Oracle's stock plunged despite an initial rise, as investors reacted negatively to higher spending forecasts. The market's concern about future expenses drove the price down.
ORCL price around the earnings
184.26
Change: -8.4%
2026-06-12, 00:00 UTC
- Price: green if it ends above the starting price; red if it ends below
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- End of the measured window
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Prior thesis
Prior outlook: Pessimistic Outcome: Accurate
- Thesis published
Analysts optimistic, but rally creates sell-the-news risk.
Analysts are optimistic about Oracle's growth, expecting significant upside and recent upgrades from major firms. A new federal contract also adds positive momentum. However, the stock has seen a substantial price increase recently, nearing a resistance level and potentially creating a risk of a 'sell-the-news' event after earnings.
Context analyzed before publication
- Summary
- Analysts optimistic, but rally creates sell-the-news risk.
- Reasoning
- Analysts are optimistic about Oracle's growth, and recent upgrades from major firms support a constructive outlook. A new federal contract also adds positive momentum. However, the stock has seen a substantial price increase recently, nearing a resistance level and potentially creating a risk of a 'sell-the-news' event after earnings.
- Playbook
- The data indicates strong positive sentiment from analysts and news, alongside a notable price increase. This rally has brought the stock close to a significant resistance point, suggesting caution around upcoming earnings.
- Trend
- Analyst expectations remain high, but sell-the-news risk grows.
Analysts
Drivers
-
Analysts
Positive
Analysts maintain coverage on Oracle, with an average price target. Several influential firms have recently upgraded their ratings.
Evidence
- Analyst consensus
- Buy
- Consensus average (1-5)
- 1.51
- Analysts covering the stock
- 39
- Average price target
- 255.18
- Lowest price target
- 155
- Highest price target
- 400
- Upside to price target
- 27.1%
- Quarterly earnings growth
- 26.7%
- Revenue growth
- 21.7%
- Forward EPS
- 8.05
- Trailing EPS
- 5.58
- Analyst moves in the last 60 days
- 10
- Strong buy: 6
- Buy: 30
- Hold: 6
- Sell: 1
- Strong sell: 0
- Strong buy
- 6
- Buy
- 30
- Hold
- 6
- Sell
- 1
- Strong sell
- 0
- June 9, 2026 · B of A Securities: Maintains rating (Buy → Buy)
- June 8, 2026 · Evercore ISI Group: Maintains rating (Outperform → Outperform)
- June 8, 2026 · Oppenheimer: Maintains rating (Outperform → Outperform)
- June 8, 2026 · TD Cowen: Maintains rating (Buy → Buy)
- June 5, 2026 · Cantor Fitzgerald: Maintains rating (Overweight → Overweight)
- June 5, 2026 · RBC Capital: Maintains rating (Sector Perform → Sector Perform)
- June 5, 2026 · BTIG: Reiterates rating (Buy → Buy)
- June 4, 2026 · Citigroup: Maintains rating (Buy → Buy)
- June 2, 2026 · UBS: Maintains rating (Buy → Buy)
- June 2, 2026 · Scotiabank: Maintains rating (Sector Outperform → Sector Outperform)
News and sentiment
Drivers
-
News & sentiment
Positive
Oracle secured a substantial $400 million federal contract for its human resources management software. This award was announced recently.
Evidence
Sentiment
- Sentiment
- Constructive
- Mention volume
- Low
- Normalized volume
- 33%
News
Sources (4)
- U.S. Office Of Personnel Management Awards A Nearly $400M, Ten-Year Contract To Oracle To Streamline Federal Agencies' HR Management Platforms — Benzinga
- Oracle Stock Recovery Setup: What It Takes To Reclaim All-Time Highs — Benzinga
- Oracle Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call — Benzinga
- Oracle's AI Story: Prediction Market Bettors Assign 91% Odds To Growth Commentary Ahead Of Earnings Call — Benzinga
Technicals
Drivers
-
Technical
Negative
The stock has experienced a significant price increase over the past 14 and 30 days. It is now approaching a key 52-week resistance level.
Evidence
- Average true range (ATR)
- 6.4%
- Distance to 52-week high
- -38.4%
- 14-day change (14d)
- +8.8%
- 30-day change (30d)
- +23.3%
- 30-day relative strength
- +23.3%
- Benchmark change (0d)
- +0.0%
- Nearest support
- 200.12
- Nearest resistance
- 211.67
- Volume accumulation ratio (14d / 46d)
- 0.89
Trends
Evidence
- Average earnings surprise
- +10.8%
- March 10, 2026: actual EPS 1.79 vs estimate 1.69 (surprise +5.7%)
- December 10, 2025: actual EPS 2.26 vs estimate 1.64 (surprise +38.0%)
- September 9, 2025: actual EPS 1.01 vs estimate 1.05 (surprise -3.7%)
- June 11, 2025: actual EPS 1.7 vs estimate 1.64 (surprise +3.4%)
Expected move
Drivers
-
Past earnings
Positive
Oracle has a strong history of exceeding earnings expectations in recent quarters. The average surprise in past earnings reports has been positive.
There is no implied-move data available for this event.
Reactions over its last 19 earnings
- Median move
- 10.4%
- 75th percentile move
- 12.8%
- 90th percentile move
- 13.9%
- Up / down moves
- 10 / 9
- Average up move
- +12.3%
- Average down move
- -6.1%
Monitoring and close
What Oracle Corporation reported
There is no monitoring data available for this event.
Pre-market second reading after the results
There is no second reading available for this event.
How the stock reacted
- Outcome
- Accurate
- Consolidated
- -8.5%
- Max favorable move (MFE)
- 12.9%
- Max adverse move (MAE)
- 5.7%