Goldman Sachs cut Oracle target to USD 206: Oracle stock faces USD 664 billion test

Published on 10/26/2026 at 12:28 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Oracle stock costs EUR 112.73 on October 26, 2026, 0.89 percent below the Xetra close. Investor Day is set for October 28.

Oracle milestones and dates

Goldman Sachs cut its Oracle target from USD 240.00 to USD 206.00 on October 23, 2026.
Oracle reported USD 19.34 billion in revenue and 29.60 percent year-over-year growth for its fiscal first quarter.
Oracle stock trades at EUR 112.73 at 12:21 p.m. CET at Lang & Schwarz on October 26, 2026, 0.89 percent below the Xetra close of October 23, 2026.
Oracle has scheduled Investor Day for October 28, 2026, and second-quarter results for December 8, 2026.

Editorialfoto der New York Stock Exchange mit Börsenkursanzeigen und Säulenfassade — Oracle Corporation US68389X1054 gezeigt in einem Börsen-Editorialfoto vor der New York Stock Exchange NYSE, Illustration mit AI erstellt.

Oracle Corp (ISIN US68389X1054) stood at EUR 112.73 at Lang & Schwarz on October 26, 2026 at 12:21 p.m. CET, 0.89 percent below the Xetra close of October 23, 2026 at EUR 113.74. The latest catalyst was a Goldman Sachs target cut before Oracle's October 28 Investor Day.

Goldman cuts target before Investor Day

According to Yahoo Finance, Goldman Sachs reduced its Oracle target from USD 240.00 to USD 206.00 on October 23, 2026, while retaining a Buy rating. The bank questioned whether Oracle can deliver its longer-term infrastructure expansion targets as data center construction accelerates.

The debate centers on growth that is arriving with heavy investment. Oracle's remaining performance obligations reached USD 664.00 billion in its fiscal first quarter, while the company is building additional capacity for artificial intelligence workloads. Oracle says its cloud infrastructure serves demand from major technology companies and supports database and application services across multiple clouds, according to its Oracle corporate site.

Three events shaped the stock

MarketBeat reported that Oracle's fiscal first-quarter revenue reached USD 19.34 billion on September 10, 2026, up 29.60 percent from the prior-year quarter, while reported earnings per share came in at USD 1.92 against a USD 1.74 consensus estimate.

On October 23, 2026, Oracle also committed USD 1.00 billion over four years to its partner ecosystem, covering training, cloud migration funding and market development, Yahoo Finance reported. Together, the results and the commitment support the demand case, while Goldman's revision highlights execution risk.

What dates matter next?

Oracle's Investor Day is scheduled for October 28, 2026, according to Yahoo Finance. The next quarterly report is listed for December 8, 2026, with consensus revenue of USD 21.759 billion and earnings per share of USD 1.93, according to ChartMill.

Oracle stock remains below its yearly high

MarketBeat listed Oracle's market capitalization at USD 381.30 billion and its 52-week range at USD 114.50 to USD 287.19. The Lang & Schwarz euro quote therefore sits above the reported low but well below the US listing's yearly high, while the October 28 event offers the next scheduled test of Oracle's long-term spending and margin plans.

Oracle was trading at EUR 112.73 at Lang & Schwarz on October 26, 2026 at 12:21 p.m. CET, 0.89 percent below the Xetra close of October 23, 2026 at EUR 113.74. The further course of trading is shown by the continuously updated real-time quote of Oracle stock.