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Stocks•4 June 2026•

1 min read

RBC Capital Raises Oracle Price Target Ahead of Key Q4 Earnings Report

Key Facts

1An RBC Capital analyst increased the price target for Oracle to $190.00 ahead of its fiscal fourth-quarter earnings report.

2RBC Capital maintained an 'Outperform' rating for Chewy as its P/E ratio decreased from 95 to 41.

3Oracle is expected to report earnings of $1.96 per share on $19.09 billion in revenue on June 10.

Amid the rapid expansion of artificial intelligence within the cloud computing sector, RBC Capital analysts have raised their price target for Oracle to $190.00 ahead of its fiscal fourth-quarter earnings report. The company is expected to report earnings of $1.96 per share on revenue of $19.09 billion on June 10. Additionally, analysts maintained an 'Outperform' rating for Chewy, noting improved valuations as its P/E ratio compressed from 95 to 41.

This optimism is driven by Oracle's 81% growth in cloud infrastructure, bolstered by strategic partnerships with OpenAI. In comparison to peers, Amazon (AMZN) recently reported 17% growth in AWS sales to $25 billion, according to market data. Despite Chewy's 35% year-to-date decline, analysts view the lowered P/E ratio as a potential stabilization point in the pet supplies market.

Investors should watch Oracle (ORCL) price action closely as it approaches the June 10 earnings catalyst. According to market data, peer Amazon (AMZN) stood at $181.28 at close June 4, 2026. With no major US macroeconomic events scheduled in the upcoming 7-day calendar, market attention is expected to remain firmly on individual corporate earnings and sector-specific updates.