Piper Sandler Defends Oracle, Projects $2.2 Billion OCI Revenue Upside

By EC Assets · Published 6 July 2026

Piper Sandler has reaffirmed its Overweight rating for Oracle. The firm also maintained its price target for Oracle at $225.00. This defense comes ahead of Oracle's upcoming earnings report. Piper Sandler analysts project that Oracle's cloud infrastructure (OCI) division could achieve approximately $2.2 billion in additional revenue for fiscal year 2027. The firm believes Oracle is a beneficiary of generative AI advancements in both infrastructure as a service (IaaS) and software as a service (SaaS). Analysts noted potential upside to FY27E OCI revenue estimates. Despite the bullish outlook from Piper Sandler, Oracle shares have experienced a decline. Oracle stock is on its longest losing streak since 2021. The shares plunged 24% over nine days. Piper Sandler's reiteration of its rating and price target is based on Oracle's AI capacity outlook. The firm suggested that Oracle could bring on significant AI capacity. Billy Fitzsimmons, an analyst at Piper Sandler, maintains the buy rating and target price. This article is intended for informational purposes only. It does not constitute investment advice.