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Scotiabank Sees Upside in Oracle Stock Ahead of Q3 Earnings

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Source: TipRanks
Scotiabank Sees Upside in Oracle Stock Ahead of Q3 Earnings
Photo: TipRanks
TL;DR

Scotiabank’s Patrick Colville argues Oracle’s stock now offers a favorable risk/reward after a recent debt issuance and a planned ~$25B equity offering remove a major overhang, whileOpenAI funding helps de-risk a portion of Oracle’s RPO. The pace of capital spending could accelerate OCI revenue, supporting a faster OCI ramp, even as EPS for the upcoming quarters may come in below consensus due to higher interest costs and the anticipated share issuance; consensus remains bullish with a strong buy stance and higher price targets.

Topics:businessmarkets#earnings#markets#oci#oracle#orcl#scotiabank
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  1. Last-Minute Thought: Scotiabank Weighs In on Oracle Stock Ahead of Earnings Today  TipRanks
  2. Oracle to report Q3 earnings as Wall Street questions AI spending  Yahoo Finance
  3. Oracle Sets the Date for its Third Quarter Fiscal Year 2026 Earnings Announcement  Oracle - Investor Relations
  4. Oracle faces a high bar for earnings as investors look for an AI payoff  MarketWatch
  5. Here's How Much Traders Expect Oracle Stock To Move After Earnings  Investopedia

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