ORCL Stock Risk & Deep Value Analysis

Oracle Corp

Technology • Software - Infrastructure

DVR Score

6.0

out of 10

Solid Pick

What You Need to Know About ORCL Stock

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We ran ORCL through our deep value framework — analyzing financial health, distress signals, competitive moat, and risk factors. Our risk assessment: Moderate. Here's what we found.

Updated Jun 17, 2026Run Fresh Analysis →

ORCL Risk Analysis & Red Flags

What Could Go Wrong

Oracle's massive $55.7 billion capital expenditure for AI data centers in FY2026, which resulted in deeply negative free cash flow of -$23.7 billion, could fail to generate sufficient high-margin cloud and AI revenue to offset the investment and service the $43 billion in new debt by FY2029, leading to prolonged financial strain and underperformance.

Risk Matrix

Overall

Moderate

Financial

High

Market

Low

Competitive

High

Execution

Medium

Regulatory

Low

Red Flags

  • Deeply negative free cash flow of -$23.7 billion reported for FY2026, requiring significant external financing.

  • Massive capital expenditures of $55.7 billion for FY2026, necessitating $43 billion in new debt and equity financing.

  • Cloud revenue growth of 39% YoY (FY2026) faces intense competition from larger, more established hyperscalers (AWS, Azure) who have greater market share and scale.

  • Decline in software revenues (-1% for FY2026) indicating ongoing challenges in legacy segments that could offset cloud gains.

Upcoming Risk Events

  • 📅

    Q1 FY2027 Earnings Report (Sep 8, 2026): Any significant deceleration in OCI revenue growth or a negative outlook on free cash flow generation for FY2027 could trigger a market sell-off.

  • 📅

    Sustained Negative Free Cash Flow (FY2027-FY2028): If Oracle's reported free cash flow remains 'deeply negative' beyond current expectations for FY2027 in its upcoming 10-K/Q filings, it could raise concerns about debt sustainability and impact long-term valuation.

When to Reconsider

  • 🚪

    Exit if Oracle's reported free cash flow remains negative for FY2027 with no clear path to positive generation, signaling a protracted investment cycle.

  • 🚪

    Sell if OCI revenue growth decelerates below 25% YoY for two consecutive quarters, indicating a loss of momentum against competitors.

  • 🚪

    If total debt-to-EBITDA (based on future 10-Q/K filings) significantly increases above 4.0, signaling an unsustainable debt burden.

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What Does Oracle Corp (ORCL) Do?

Market Cap

$543.98B

Sector

Technology

Industry

Software - Infrastructure

Employees

162,000

Oracle Corporation offers products and services that address enterprise information technology environments worldwide. Its Oracle cloud software as a service offering include various cloud software applications, including Oracle Fusion cloud enterprise resource planning ERP, Oracle Fusion cloud enterprise performance management EPM, Oracle Fusion cloud supply chain and manufacturing management SCM, Oracle Fusion cloud human capital management HCM, and NetSuite applications suite, Oracle Health applications, as well as Oracle Fusion Sales, Service, and Marketing. The company also offers cloud-based industry solutions for various industries; Oracle cloud license and on-premise license; and Oracle license support services. In addition, it provides cloud and license business' infrastructure technologies, such as the Oracle Database and MySQL Database; Java, a software development language; and middleware, including development tools and others. The company's cloud and license business' infrastructure technologies also comprise cloud-based compute, storage, and networking capabilities; and Oracle autonomous database, as well as AI, Internet-of-Things, machine learning, digital assistant, and blockchain. Further, it provides hardware products and other hardware-related software offerings, including Oracle engineered systems, enterprise servers, storage solutions, industry-specific hardware, virtualization software, operating systems, management software, and related hardware support services, and consulting and advanced customer services. It markets and sells its cloud, license, hardware, support, and services offerings directly to businesses in various industries, government agencies, and educational institutions, as well as through indirect channels. Oracle Corporation has a strategic alliance with Metron, Inc. The company was founded in 1977 and is headquartered in Austin, Texas.

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Investment Thesis

If Oracle's massive $55.7 billion capital investment in OCI and AI infrastructure (driving 39% cloud revenue growth in FY2026) successfully captures significant high-margin enterprise AI workloads, then the company could re-rate to a higher growth multiple, potentially achieving ~$100 billion in annual cloud revenue by FY2029 (from $34B in FY2026) with improving free cash flow, justifying a market capitalization exceeding $800B-1T as the market recognizes OCI as a credible and differentiated hyperscaler. This is bullish because the market currently heavily discounts Oracle due to its legacy business and significant FCF burn.

Is ORCL Stock Undervalued?

Oracle continues its strong pivot into cloud and AI infrastructure, evidenced by robust Q4 FY2026 results with revenue of $19.18 billion and non-GAAP EPS of $2.11, both exceeding consensus. Cloud revenues grew an impressive 39% to $34.0 billion for FY2026. This operational execution and strategic vision are positive. However, achieving 10x growth from its current mega-cap status ($541.65B) within 3-5 years remains highly challenging. The company is incurring substantial 'deeply negative' free cash flow (-$23.7B in FY2026) due to massive capital expenditures ($55.7B) for AI datacenter expansion, necessitating significant debt ($43B in FY2026). This financial strain, despite strong operational execution, presents a considerable risk to shareholder returns, balancing the strong growth trajectory and tempering its 10x potential.

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ORCL Price Targets & Strategy

12-Month Target

$224.00

Bull Case

$262.50

Bear Case

$182.00

Valuation Basis

Based on 32x forward P/E applied to estimated $7.00 FY2027 EPS.

Entry Strategy

Dollar-cost average on pullbacks towards the $175-$180 range (near 50-day SMA support).

Exit Strategy

Take 50% profit at $220-$240; implement a stop-loss at $170 if fundamental outlook deteriorates.

Portfolio Allocation

5% for moderate risk tolerance.

Price Targets & Strategy

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Is ORCL Financially Healthy?

Valuation

P/E Ratio

31.84

Forward P/E

32.99

EV/EBITDA

17.17

PEG Ratio

1.04

Price/Book

14.10

Price/Sales

7.97

Profitability

Gross Margin

65.82%

Operating Margin

30.59%

Net Margin

25.37%

Return on Equity

50.38%

Revenue Growth

17.35%

EPS

$5.86

Balance Sheet

Current Ratio

1.11

Quick Ratio

1.01

Debt/Equity

3.01

Cash Flow

Free Cash Flow

-$2.20B

EBITDA

$31.70B

Other

Beta (Volatility)

1.67

Dividend Yield

1.06%

Does ORCL Have a Competitive Moat?

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Moat Rating

🏰 Wide

Moat Trend

Stable

Moat Sources

4 Identified

Switching CostsIntangible Assets/IPBrand PowerEfficient Scale

Oracle's deeply embedded database and enterprise applications create significant switching costs for its global customer base. Its intellectual property in core database technology is immense and difficult to replicate. The ongoing pivot to OCI and AI infrastructure aims to extend this durable moat into the next generation of enterprise computing, leveraging its existing customer relationships and technical expertise.

Moat Erosion Risks

  • Aggressive competition from hyperscalers (AWS, Azure, Google Cloud) offering lower-cost or more flexible cloud services.
  • Increasing adoption of open-source databases and cloud-native architectures that may reduce reliance on traditional Oracle databases.
  • Potential for technological obsolescence if OCI fails to innovate rapidly enough in AI and specialized computing compared to rivals.

ORCL Competitive Moat Analysis

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ORCL Market Intelligence

Sentiment & Insider Activity

Social Sentiment

Neutral to Bullish, generally positive reaction to strong earnings beats, but mega-cap status limits extreme retail interest.

Institutional Sentiment

Positive, indicated by the recent earnings beat and implied analyst upgrades (though specific analyst data not provided).

Insider Activity (Form 4)

No recent specific Form 4 transactions provided in the research.

Options Flow

Normal options activity.

Earnings Intelligence

Next Earnings

2026-09-08

Surprise Probability

Medium

Historical Earnings Pattern

Oracle typically sees positive stock price movement on strong cloud/AI results and Remaining Performance Obligations (RPO) growth, but can be sensitive to large capital expenditure announcements impacting FCF.

Key Metrics to Watch

Cloud Services and License Support revenue growth (especially OCI)Overall revenue growth and guidance for Q2 FY2027Free cash flow generation and commentary on capital expenditure outlook

Competitive Position

Top Competitor

MSFT

Market Share Trend

Gaining (in cloud infrastructure from a smaller base), Stable (in enterprise applications), Losing (in some legacy software segments).

Valuation vs Peers

Trading at a premium to traditional enterprise software peers due to its cloud and AI growth, but potentially at a discount to pure-play hyperscalers on an EV/Cloud Revenue basis.

Competitive Advantages

  • Deep enterprise customer relationships and high switching costs for its database and applications business.
  • Specialized high-performance computing (HPC) and AI infrastructure (OCI) tailored for demanding workloads, including a strategic partnership with NVIDIA.
  • Integrated software stack from infrastructure to applications, offering a comprehensive solution for enterprise clients.

Market Intelligence

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What Could Drive ORCL Stock Higher?

Near-Term (0-6 months)

  • Q1 FY2027 Earnings Report (Sep 8, 2026): Anticipate commentary on OCI revenue growth acceleration and progress on AI infrastructure buildout. If cloud revenue growth sustains above 35% YoY, it signals robust demand.
  • OCI Generative AI Services Rollout (Q2 FY2027): Expect specific customer wins or capacity sign-ups for newly launched AI services to validate OCI's competitive offering, potentially adding $50M+ to cloud revenue run-rate per major customer.

Medium-Term (6-18 months)

  • New OCI Region Launches and Capacity Expansion (FY2027-FY2028): Successful ramp-up of new AI-focused OCI regions globally, leading to increased customer onboarding and improved utilization rates, expected to drive an additional $1-2B in annualized cloud revenue.
  • Strategic Partnership Expansion (Q4 FY2027-FY2028): Further high-profile partnerships with AI leaders like NVIDIA, specifically for specialized AI workload deployment on OCI, targeting an increase in high-margin HPC colocation revenue by 15-20%.

Long-Term (18+ months)

  • OCI Achieving Top-Tier Hyperscaler Status (FY2029+): If OCI effectively competes with AWS/Azure for large-scale enterprise and AI workloads, it could drive cloud revenue to over $100 billion annually, justifying a significant re-rating of Oracle's overall valuation.
  • Autonomous Database and AI Integration Dominance (FY2029+): Widespread adoption of Oracle's AI-powered autonomous database and integrated applications could create new recurring revenue streams and increase switching costs, potentially expanding operating margins by 2-3 percentage points.

Catalysts & Growth Drivers

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What's the Bull Case for ORCL?

  • Quarterly OCI revenue growth – crossing 40% YoY consistently signals strong market adoption and execution.

  • Free cash flow turning positive and growing sequentially in upcoming 10-Q/K filings, indicating a return on AI investments.

  • Announcements of significant new multi-billion dollar AI/HPC customer wins for OCI, validating its competitive edge.

Bull Case Analysis

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Competing with ORCL

See how Oracle Corp compares to related companies

CompanyMarket CapDVR ScoreP/ERevenueProfit MarginRev Growth

Oracle Corp

ORCL

$544.0B6.031.8$67.4B25.4%17.4%

Apple Inc

AAPL

$4.4T1.636.0$391.0B27.1%12.8%Compare →

Alphabet Inc

GOOGL

$4.5T1.027.937.9%17.4%Compare →

Meta Platforms Inc

META

$1.6T5.822.6$201.0B32.8%26.2%Compare →

Microsoft Corp

MSFT

$3.2T0.525.6$281.7B39.3%17.9%Compare →

NVIDIA Corp

NVDA

$5.3T6.233.1$130.5B63.0%70.7%Compare →

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How Oracle Corp Makes Money

Oracle is a global technology company providing a wide array of enterprise software, cloud infrastructure (Oracle Cloud Infrastructure or OCI), and hardware products. It primarily sells database software, enterprise resource planning (ERP) software, customer relationship management (CRM) software, and supply chain management (SCM) software, alongside its rapidly growing cloud infrastructure services that power modern applications and AI workloads. Its customers are predominantly large corporations, governments, and educational institutions worldwide, who rely on Oracle for critical business operations and data management.

Read Full Business Model Breakdown

FAQ

What is the DVR Score for Oracle Corp (ORCL)?

As of June 17, 2026, Oracle Corp has a DVR Score of 6.0 out of 10, placing it in the "Solid Pick" category. This score is generated by our AI-powered deep value analysis framework that evaluates growth potential, financial health, competitive moat, and risk factors.

What is the market capitalization of Oracle Corp?

Oracle Corp's market capitalization is approximately $544.0B. The company operates in the Technology sector within the Software - Infrastructure industry.

What ticker symbol does Oracle Corp use?

ORCL is the ticker symbol for Oracle Corp. The company trades on the NYQ.

What is the risk level for ORCL stock?

Our analysis rates Oracle Corp's overall risk as Moderate. This assessment considers execution risk, market risk, financial risk, competitive risk, and regulatory risk. For a full breakdown, see the risk analysis section above.

What is the P/E ratio of ORCL?

Oracle Corp currently has a price-to-earnings (P/E) ratio of 31.8. This is above the market average, suggesting the stock may be priced for high growth expectations.

Does Oracle Corp pay a dividend?

Yes, Oracle Corp pays a dividend with a current yield of approximately 1.06%.

Is Oracle Corp's revenue growing?

Oracle Corp has reported revenue growth of 17.4%. The company is showing strong top-line momentum.

Is ORCL stock profitable?

Oracle Corp has a profit margin of 25.4%. This indicates strong profitability.

How often is the ORCL DVR analysis updated?

Our AI-powered analysis of Oracle Corp is refreshed regularly to incorporate the latest financial data, market conditions, and news. The most recent update was on June 17, 2026.

Important Disclaimer – Not Financial Advice

Deep Value Reports is an independent research platform for educational and informational purposes only. We are not financial advisors, investment advisors, or licensed professionals. The analysis, scores, and information provided on this page for ORCL (Oracle Corp) should not be construed as personalized investment advice, a recommendation to buy or sell any security, or an offer to provide investment advisory services.

All investments involve risk, including the potential loss of principal. Past performance does not guarantee future results. Always conduct your own research, consider your financial situation, and consult with a qualified financial advisor before making any investment decisions.

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