Bank of America Reinstates Oracle Coverage with $200 Target, 30% Upside

Bank of America's analyst Tal Liani has reinstated coverage of Oracle (ORCL) with a Buy rating and a price target of $200, indicating a potential upside of approximately 30% from current trading levels. The stock traded between $148 and $155 on March 24 and 25, significantly declining from its peak of $345.72 in 2025. Oracle's remaining performance obligations (RPO) reached $553 billion, a 325% increase year-over-year. Additionally, Oracle reported Q3 FY2026 revenue of $17.2 billion, a 22% year-over-year increase, and raised its FY2027 revenue target to $90 billion.