Content generated by AI editorial engine. Editorially supervised by Sedat ANAK.
The median of 14 price targets is $240[FMP target], stock is $245, -1.9% vs the analyst consensus median. Q3 FY26 EPS $1.79 vs $1.70 estimate: beat (+5.3%)[FMP earnings]. Stock move on D+1: +9.2%.
B — FMP rating [FMP ratings].
Quick AnswerQ4 consensus: revenue $19.1B[FMP est], EPS $1.96[FMP est]. Doug Caring lowered Cloud infrastructure guidance to 37-41% (previous 66%) in the Q2 earnings call[Doug Caring Q-prev transcript]. 2 consecutive quarters of beat[FMP earnings].
Q3 FY26 EPS $1.79 vs $1.70 estimate: beat (+5.3%)[FMP]. Stock move on D+1: +9.2%[FMP D+1].
Watchlist
Multi Cloud Database Growth
multi_cloud_database_growth
Oracle's multi-cloud database consumption surged 817% year-over-year, with the company launching new universal credits and channel reseller programs enabling customers to use Oracle database services in any cloud with consistent pricing and flexibility.
"Multi-cloud database consumption has increased 817% year over year. We launched two important programs this quarter for multi-cloud. The first is multi-cloud universal credits, which enables customers to commit once to Oracle database services and use it anywhere in any cloud with the same price and flexibility."
- Clay McGork, Chief Executive Officer - Q2 FY26 Earnings Call - December 10, 2025
Total Cloud Revenue Acceleration
total_cloud_revenue_acceleration
Oracle's total cloud revenue significantly accelerated, growing 33% to $8 billion compared to last year's 24% growth rate, and now accounts for half of the company's overall revenue.
"Total cloud revenue, which includes both applications and infrastructure, was up 33% at $8 billion. Representing a significant acceleration from the 24% growth rate reported last year. Cloud revenue now accounts for half of Oracle's overall revenue."
- Doug Caring, Principal Financial Officer - Q2 FY26 Earnings Call - December 10, 2025
Rpo Growth Diversification
rpo_growth_diversification
Oracle's Remaining Performance Obligations (RPO) surged 433% year-over-year to $523.3 billion, with contracts signed with companies like Meta and NVIDIA diversifying the customer backlog.
"Remaining Performance Obligations, or RPO, ended the quarter at $523.3 billion, up 433% from last year and up $68 billion since August. Driven by contracts signed with Meta, NVIDIA, and others as we continue to diversify our customer backlog."
- Doug Caring, Principal Financial Officer - Q2 FY26 Earnings Call - December 10, 2025
Fy26 Capex Increase
fy26_capex_increase
Oracle increased its FY2026 CapEx forecast by $15 billion compared to its Q1 projections to support accelerating growth and quickly monetize new RPO.
"However, given the added RPO this quarter, can be monetized quickly starting next year, we now expect fiscal 2026 CapEx will be about $15 billion higher than we forecasted after Q1."
- Doug Caring, Principal Financial Officer - Q2 FY26 Earnings Call - December 10, 2025
Oci Gpu Demand
oci_gpu_demand
Oracle's cloud infrastructure revenue grew 66% to $4.1 billion, with GPU-related revenue soaring 177%, demonstrating significantly faster growth than competitors.
"Cloud infrastructure revenue was $4.1 billion, up 66% with GPU-related revenue growing 177%. Oracle's cloud infrastructure businesses continue to grow much faster than our competitors."
- Doug Caring, Principal Financial Officer - Q2 FY26 Earnings Call - December 10, 2025
Stock Expert AI - Methodology
Historical V1 earnings-model score (archived, Jul 3, 2026) — not the current MoonshotScore. Current MoonshotScore: ORCL stock page
multi-pillar methodology. News Sentiment strong. Operating Leverage weak.
How is it calculated? ->6 investor frameworks. 2 bullish (Ken Griffin, Buffett), 3 bearish (Jim Simons, Klarman, Munger), 1 neutral (Ray Dalio).
How is it calculated? ->Quality business, but price is high.
How is it calculated? ->Past Performance
Q3 FY26 (December 10, 2025) EPS $1.79 vs $1.70 estimate: beat (+5.3%)[FMP]. Stock move on D+1: +9.2%[FMP D+1].
Q3 FY26 EPS $1.79 vs $1.70 estimate: beat (+5.3%)[FMP]. Stock move on D+1: +9.2%[FMP]. Doug Caring Q2 transcript: "total cloud revenue is expected to grow from 37% to 41% in constant currency"[Doug Caring].
"total cloud revenue is expected to grow from 37% to 41% in constant currency"
- Doug Caring, CFO - Q2 FY26 Earnings Call - December 10, 2025
No RPO/backlog concentration disclosed in Q2 earnings call.
Q2 CapEx $18.6B[FMP cashflow]. Q2 op margin 32.8%[FMP op margin] - this level in Q4 is sensitive to CapEx revision risk.
Not advice - a structural framework for earnings night. Decision discipline is yours.
Market Outlook
You read it in 5 minutes. When the numbers come out on Wednesday evening - you know what you're looking at.
Data arrives at night. The framework is ready now.
Data arrives on Wednesday evening. The framework is ready on this page: Q4 EPS threshold $1.96[FMP], Cloud infrastructure guidance 37-41%[Doug Caring], CapEx threshold "below $18.6B". Three anchors, three scenarios.
Comparison Stock Expert AI is free today — no credit card.
Seeking Alpha $299/yr - analyst opinions + earnings coverage TipRanks $360/yr - Smart Score (1-10) + analyst consensus + insider trades Trendspider $400/yr - AI pattern detection + automated TA + multi-timeframe alerts
Prices as of April 2026. Sources: seekingalpha.com/subscriptions - tipranks.com/pricing - trendspider.com/pricing
Stock Expert AI is free today — no credit card. Council 7-lens analysis + MoonshotScore multi-pillar + Insider tracker + Technical levels - all in one platform, for every stock.
Educational tool, not investment advice. Past performance does not guarantee future results.
Calendar
DATA GAP: Events not in the FMP /stable/calendar feed - Investor day, analyst day, product launches, regulatory dates. These require company IR page scraping or manual calendar entry.
This Oracle Corporation (ORCL) Q4 FY26 earnings preview covers the analyst consensus, key catalysts, and what to watch on the earnings call.
Oracle Corporation (ORCL): Consensus EPS, revenue guidance, segment growth rates, and the tone of management commentary — the full breakdown with sources is on this page.
Oracle Corporation (ORCL): Figures are sourced from Financial Modeling Prep (FMP) fundamentals and consensus data plus official earnings-call transcripts; derived metrics are labeled with their source next to each figure.
Oracle Corporation (ORCL): No. This page is educational research, not investment advice. It summarizes analyst consensus and company data; consult a licensed financial advisor before making any investment decision.