Here’s how much traders expect Oracle stock to move after Wednesday’s earnings

Oracle Corporation (ORCL) is set to report its latest quarterly results after the market close on Wednesday, with traders anticipating a big move in the tech giant’s shares following the report.

Options pricing indicates that traders expect the stock to swing roughly 10% in either direction by the end of the week. A move of that size from Monday’s close could see the stock reach a new high above $240 at the high end, or pull it back to $199 at the low end, where it was late last month.

Oracle stock hit a record high after the database giant’s latest quarterly report in September, impressing investors with a record buildup in growing demand for artificial intelligence. However, the stock has fallen in recent months, amid concerns about an AI bubble, with Oracle’s moves to take on new debt and its reliance on a few large clients adding to concerns.

Upbeat analysts at Citi suggested before Wednesday’s report that they view concerns about the health of Oracle’s debt and the recent sell-off as overblown, though they will be watching closely for more clarity from Oracle on its plans, along with evidence that AI-driven demand for its offerings is broad.

Oracle is expected to report adjusted earnings per share of $1.65 on a 15% increase in revenue year-over-year to $16.18 billion for the fiscal second quarter, according to estimates compiled by Visible Alpha.

Of the 12 analysts with current ratings tracked by Visible Alpha, eight consider Oracle stock a “buy,” compared to three neutral ratings, and one call for a sell. Their average target around $317 suggests an upside of more than 40%. The stock has added about a third of its value in 2025 through Monday’s close.