Oracle (ORCL) Q2 2026 earnings — TrendMatrix coverage
Reported
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Full disclosure · Editorial policy
Key numbers
- Adjusted EPS
- $1.92
- Estimate
- $1.74
- Surprise
- +10.4%
- Revenue (period 2026-08-31)
- $19.34B
- Score at report (before → after)
- 6.2 → 6.4/10
Revenue source: xbrl.
How the report landed
Oracle (ORCL) beat the $1.74 estimate with adjusted EPS of $1.92 — a large 10.4% upside surprise. TrendMatrix's engine moved from Hold (6.2/10) to Sell at 6.4/10 after the report.
Where TrendMatrix's rating stands now
TrendMatrix currently rates ORCL Sell at 6.6/10.
4 of the last 4 quarters beat the estimate; this quarter's +10.4% surprise compares with a +15.4% four-quarter average. Next scheduled report: 2026-12-14.
What supports the rating
- Strong earnings beat streak (4/4)
- Attractive valuation
What argues against it
- Concentration risk — Product: cloud revenues (51.0%)
- Concentration risk — Supplier: single vendor technologies and components
- Sector modifier (Technology): -0.8
This section and the ones below it reflect TrendMatrix’s latest engine read — they update after the report date and are not frozen to it.
The levels TrendMatrix's engine tracks
- Current price
- $130.53
- Price target
- $216.94
- Stop
- $121.39
- Upside to target
- +66.2%
- Reward-to-risk
- 6.3:1
The stock trades at 19.8× trailing but 11.5× forward earnings — consensus estimates already build in a substantial earnings recovery.
Model outputs from TrendMatrix’s engine as of 2026-10-27 — shown for context, not personalized investment advice.
ORCL at TrendMatrix's latest read
Technology names get repriced on forward expectations more than trailing prints — a quarter here is read through next-year growth and multiple, not the EPS line alone.
- Industry
- Software - Infrastructure
- Market cap
- $382.15B
- P/E (fwd)
- 11.5
- P/E (ttm)
- 19.8
- 52-week range
- $114.50–$287.00
- Off 52-week high
- 54.5%
- RSI (14)
- 40
- Volume vs avg
- 0.92×
- Score today
- 6.6/10