Two of the more controversial major technology companies – Oracle (NYSE: ORCL) and Super Micro Computer (NASDAQ: SMCI) – had Wall Street revise its attitude toward their stocks on Tuesday, November 10.
Perhaps surprisingly, the rating for Supermicro has remained comparatively bearish despite the firm’s recovery from the 2024 accounting scandal and the strong earnings report published early in November, while the view of Oracle remains positive despite the pressures the company is facing.
Wall Street sets SMCI stock price target for 2027
To begin with, Susquehanna’s Mehdi Hosseini confirmed his previous ‘Negative’ – ‘Sell’ – recommendation for SMCI stock, citing the firm’s valuation. He did, however, state that he estimates earnings after the September quarter can be higher and adjusted his 12-month price target from $15 to $18 accordingly.
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Still, the forecast remains pessimistic and assumes a 37.62% decline from the equity’s latest closing price of $28.60.
Additionally, the Susquehanna note is substantially more bearish than the Wall Street average. Overall, institutional analysts consider SMCI shares a ‘Hold’ and expect them to rally 48.89% to $42.58 in the next 12 months.
Wall Street sets Oracle stock price target for 2027
Meanwhile, both KeyBanc analyst Jackson Adler and Mark Moerdler from Bernstein reaffirmed their confidence in Oracle. Specifically, both Wall Street experts reiterated their ‘Buy’ ratings for ORCL stock and set their price targets for the next 12 months at $300 and $325, respectively.
Furthermore, and in stark contrast to the latest SMCI stock revision, the two Tuesday, November 10 notes came in as far more bullish than the average. Overall, while Wall Street calls Oracle stock a ‘Strong Buy’, it anticipates a far more limited 102.44% rise to $242.50 in the next 12 months.
Notably, ORCL equity’s 2026 performance has been a far cry from what analysts are now expecting. The firm is down 38.79% year-to-date (YTD) and has crashed roughly 52% to $119.79 from its early June highs.
Still, Adler conceded in his note that the midterm elections could have an adverse impact on ORCL. The company has been facing significant pressure in recent months, amidst a credit rating downgrade, an unexpected force majeure notice regarding its New Mexico data center, and overall concerns over whether OpenAI will be able to meet its vast commitments to Oracle.
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Finally, the company is also at risk of becoming a fallen angel in an event that could prove catastrophic for valuation should it come to pass.
Featured image via Shutterstock
