Oracle stock: JP Morgan keeps USD 200 target for Oracle stock

Published on 10/23/2026 at 15:40 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Oracle's RPO reached USD 664.00 billion in first-quarter 2027. Oracle stock is EUR 111.45 on October 23, 2026, down 1.20 percent versus the Xetra close.

JP Morgan target stays unchanged

JP Morgan maintained its Buy rating and USD 200.00 target on October 20, 2026.
Oracle's remaining performance obligations reached USD 664.00 billion in fiscal first quarter 2027.
Oracle stock costs EUR 111.45 at Lang & Schwarz on October 23, 2026 at 3:33 p.m. CEST, 1.20 percent below the Xetra close of October 22, 2026.
Oracle AI World is scheduled for October 25-28, 2026, in Las Vegas.

Pop-Art-Comicillustration eines Technikers vor einem leuchtenden Cloud-Datenbank-Hologramm — Oracle Corporation US68389X1054 interpretiert als lebendiger Pop-Art-Comic mit einem Techniker und einem leuchtenden holographischen Cloud-Datenbanksymbol, Illustration mit AI erstellt.

JP Morgan analyst Samik Chatterjee maintained a Buy rating and an unchanged USD 200.00 price target for Oracle on October 20, 2026, according to MarketScreener. That target stood 60.42 percent above the USD 124.63 NYSE quote at 9:40 a.m. EDT on October 23, 2026. At Lang & Schwarz, Oracle stock was trading at EUR 111.45 on October 23, 2026 at 3:33 p.m. CEST, down 1.20 percent, or EUR 1.35, versus the Xetra close of October 22, 2026 at EUR 112.80.

Cloud backlog reaches USD 664.00 billion

Oracle's remaining performance obligations reached a record USD 664.00 billion in fiscal first quarter 2027, up USD 209.00 billion from a year earlier. Zacks reported that Oracle booked more than USD 30.00 billion in additional AI cloud contracts during the quarter. Cloud Infrastructure revenue rose 121.00 percent year over year to USD 7.40 billion in the same period.

Oracle stock sits 8.84 percent above its low

The NYSE listing traded at USD 124.63 at 9:40 a.m. EDT on October 23, 2026, between a USD 124.40 intraday low and a USD 125.41 intraday high. Its 52-week range was USD 114.50 to USD 287.19, placing the quote 8.84 percent above the low and 56.61 percent below the high. Volume stood at 2,217,921 shares at that time.

Valuation and upcoming dates

Oracle's market capitalization was USD 376.8 billion on October 23, 2026, while its trailing price-to-earnings ratio was 19.62. The company is scheduled to host Oracle AI World from October 25-28, 2026, in Las Vegas, according to Oracle. MarketScreener lists December 10, 2026, as the next earnings release date.

Comparison with peers

Oracle Corporation: down 1.20 percent, P/E 19.62, market capitalization USD 376.8 billion.
Microsoft Corporation (Nasdaq, USD): down 0.96 percent, P/E 28.83, market capitalization USD 3.8 trillion.
International Business Machines Corporation (NYSE, USD): down 0.44 percent, P/E 21.47, market capitalization USD 236.5 billion.

Oracle stock trades below its yearly high

For investors, the contrast is clear: Oracle's contracted AI pipeline expanded sharply in fiscal first quarter 2027, while its share price remained 56.61 percent below the 52-week high. The market is weighing long-duration cloud commitments against the execution required to convert them into revenue. Oracle stock was trading at EUR 111.45 at Lang & Schwarz on October 23, 2026 at 3:33 p.m. CEST, 1.20 percent below the Xetra close of October 22, 2026 at EUR 112.80. The further course of trading is shown by the continuously updated real-time quote of Oracle stock.