Scotiabank Sees Upside in Oracle Stock Ahead of Q3 Earnings
TL;DR Summary
Scotiabank’s Patrick Colville argues Oracle’s stock now offers a favorable risk/reward after a recent debt issuance and a planned ~$25B equity offering remove a major overhang, whileOpenAI funding helps de-risk a portion of Oracle’s RPO. The pace of capital spending could accelerate OCI revenue, supporting a faster OCI ramp, even as EPS for the upcoming quarters may come in below consensus due to higher interest costs and the anticipated share issuance; consensus remains bullish with a strong buy stance and higher price targets.
- Last-Minute Thought: Scotiabank Weighs In on Oracle Stock Ahead of Earnings Today TipRanks
- Oracle to report Q3 earnings as Wall Street questions AI spending Yahoo Finance
- Oracle Sets the Date for its Third Quarter Fiscal Year 2026 Earnings Announcement Oracle - Investor Relations
- Oracle faces a high bar for earnings as investors look for an AI payoff MarketWatch
- Here's How Much Traders Expect Oracle Stock To Move After Earnings Investopedia
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