Oracle Corporation (ORCL) earnings on September 10, 2026

After the market closes Q2 2026

More Oracle Corporation earnings

Prior outlook: Optimistic Outcome: Partial

Oracle's stock jumped early in the day, climbing as much as 9.6% on optimism about its cloud computing business. However, the gains disappeared by the close, and the stock ended down 1.8%.

ORCL price around the earnings

150.28

Change: -1.7%

2026-09-11, 20:00 UTC

Start of the measured window End of the measured window
149.95 155.01 160.06 165.12 152.94
Price series around the eventClosing price per minute from before the event to the end of the measured window.No trading (market closed)
September 10, 2026 September 11, 2026
  • Price: green if it ends above the starting price; red if it ends below
  • Start of the measured window
  • End of the measured window
  • Market open
  • No trading (market closed)
  • Starting price
Price series around the event

Prior thesis

Prior outlook: Optimistic Outcome: Partial

Thesis published
Results released

Analyst conviction points to an optimistic scenario

Historically, analysts have cited strong growth prospects with a price target over 50% above current levels, supported by consistent earnings beats. The technical picture shows strong trend strength and relative strength against the broader market.

Context analyzed before publication

Summary
Analyst conviction points to an optimistic scenario
Playbook
The stock has risen 8% over 14 days and 7% over 30 days, outperforming the S&P 500 by over 8%. Analysts maintain universal buy ratings with recent upgrades from multiple firms.
Trend
Expert outlook held steady before slight dip

Analysts

Drivers

  • Analysts Positive

    Target $241 implies +56.5% above current price; mean buy rating 1.59 from 42 opinions; recent upgrades from Scotiabank, Citizens, Guggenheim.

Evidence

Analyst consensus
Buy
Consensus average (1-5)
1.59
Analysts covering the stock
42
Average price target
241.43
Lowest price target
110
Highest price target
400
Upside to price target
56.5%
Quarterly earnings growth
25.6%
Revenue growth
20.6%
Forward EPS
10.97
Trailing EPS
5.83
Analyst moves in the last 60 days
9
  • Strong buy: 8
  • Buy: 28
  • Hold: 7
  • Sell: 1
  • Strong sell: 0
Strong buy
8
Buy
28
Hold
7
Sell
1
Strong sell
0
  • September 9, 2026 · Scotiabank: Maintains rating (Sector Outperform → Sector Outperform)
  • September 9, 2026 · Citizens: Reiterates rating (Market Outperform → Market Outperform)
  • September 8, 2026 · Guggenheim: Reiterates rating (Buy → Buy)
  • September 4, 2026 · Morgan Stanley: Maintains rating (Equal-Weight → Equal-Weight)
  • September 4, 2026 · RBC Capital: Reiterates rating (Sector Perform → Sector Perform)
  • September 2, 2026 · Jefferies: Maintains rating (Buy → Buy)
  • September 1, 2026 · TD Cowen: Maintains rating (Buy → Buy)
  • August 6, 2026 · UBS: Maintains rating (Buy → Buy)
  • July 20, 2026 · CLSA: Initiates coverage (Hold)

News and sentiment

Evidence

Sentiment
Sentiment
Constructive
Mention volume
High
Normalized volume
99%
Messages
30
News
Sources (6)

Technicals

Drivers

  • Technical Positive

    30-day trend strength +7.02%, 14-day +8.58%; relative strength +8.39% vs SPY; the scenario reads optimistic.

Evidence

Price when the context was analyzed
161.62
Average true range (ATR)
4.3%
Distance to 52-week high
-52.5%
14-day change (14d)
+8.6%
30-day change (30d)
+7.0%
30-day relative strength
+8.4%
SPY change (30d)
-1.4%
Nearest support
160.62
Distance to nearest support
0.6%
Nearest resistance
162.27
Distance to nearest resistance
0.4%
Volume accumulation ratio (14d / 46d)
0.57
  • Major: 160.62 (0.6% away, 0.14 ATR, 25 touches)
  • Mid: 159.12 (1.6% away, 0.36 ATR, 22 touches)
  • Mid: 156.76 (3% away, 0.7 ATR, 19 touches)
  • Mid: 162.27 (0.4% away, 0.09 ATR, 10 touches)
  • Mid: 163.23 (1% away, 0.23 ATR, 12 touches)
  • Mid: 164.31 (1.7% away, 0.39 ATR, 18 touches)

Trends

Evidence

Average earnings surprise
+12.7%
  • June 10, 2026: actual EPS 2.11 vs estimate 1.96 (surprise +7.5%)
  • 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 1.47 vs estimate 1.48 (surprise -0.6%)

Expected move

Drivers

  • Past earnings Neutral

    8 reactions range from +32.1% to -14.6% gap; highly volatile and directionally unpredictable.

Implied move
+15.5%
Source
Options chain

Reactions over its last 20 earnings

Median move
9.8%
75th percentile move
12.6%
90th percentile move
13.7%
Up / down moves
10 / 10
Average up move
+12.3%
Average down move
-6.4%

Monitoring and close

What Oracle Corporation reported

Status
Finished
Actual EPS1.92
EPS estimate1.74
EPS surprise+10.5%

Oracle reported 30% revenue growth with cloud infrastructure revenue up 121% YoY, though debt rose to $125B. Dell jumped 11% on Oracle's expanded capital expenditure plans.

Sources (50)

Pre-market second reading after the results

There is no second reading available for this event.

How the stock reacted

Outcome
Partial
Consolidated
-1.8%
Max favorable move (MFE)
9.6%
Max adverse move (MAE)
2%