After Oppenheimer upgraded the rating to "outperform", Oracle's stock price rose before the market opened.

Oracle's stock rose 2.2% to $149.3 before the bell, after Oppenheimer upgraded its stock rating from "performing well" to "outperforming the market". The brokerage set a price target of $185, which implies a 26.5% upside from the previous closing price. Oppenheimer stated that Oracle's valuation multiples have been cut by more than half since the drop in September. The institution referred to Oracle as a "strong EPS compounder", forecasting a doubling of EPS by FY30 even after guidance adjustments. They also mentioned that risks related to OpenAI transactions and financing needs are starting to diminish, supported by capital-raising plans and momentum from large customers.