Citi is buying the dip here on Oracle stock. Analyst Tyler Radke raised his target price on the stock to $415 per share from $395. This new forecast implies an upside of nearly 40% ahead. He also reiterated his buy rating on the software giant. Oracle shares have seen some turbulence of late, losing nearly 10% in the past month amid concerns over the stability of the artificial intelligence trade. Still, Radke believes that growing demand for artificial intelligence infrastructure within Oracle’s cloud business could continue to drive the stock higher. ORCL 1M mountain ORCL 1-mo chart “After a historic Q1, ORCL shares have traded off 10%+ from recent highs on concerns around quality of backlog, profitability concerns following a slew of press reports and broader AI bubble/circularity concerns,” he wrote. “We view the pullback as a buying opportunity as we see a broadening set of customers powering OCI growth, and we expect management to provide incremental clarity on CapEx, financing needs and long-term profitability around the ramping AI projects.” As a catalyst, the analyst also pointed to bookings strength in Oracle Cloud Infrastructure. This business has continued its “significant ramp, attributable to escalating AI Infrastructure demand from leading AI customers.” Concerns around recovery point object, the amount of data loss a client can tolerate, also seem to have been “overdone.” Radke added that he expects “substantial potential for upward revisions” in Oracle’s estimates heading into the fiscal year 2028. This ramp could help balance out existing pressure on Oracle’s operating margins and help drive the company’s earnings growth as well. Oracle’s upcoming AI World event, which will take place in Las Vegas next week, could serve as another catalyst for the stock. ( Learn the best 2026 strategies from inside the NYSE with Josh Brown and others at CNBC PRO Live. Tickets and info here . )
