Oracle shares were trading 1.77% higher at $156.77 ahead of the company’s first-quarter fiscal 2027 earnings report, scheduled for September 10 after market close. Analysts expect earnings per share of $1.74 and revenue of $19.14 billion. Oracle’s previous quarter produced EPS of $2.11 and revenue of $19.18 billion, exceeding consensus estimates of $1.96 and $19.10 billion, respectively. Investors are expected to focus on whether the company’s Remaining Performance Obligations, or contracted revenue not yet recognized, are converting into reported sales. The backlog stood at $638 billion as of May 31, up 363% from a year earlier. Management has guided for quarterly total revenue growth of 27% to 29% and cloud revenue growth of 58% to 64%, following 93% growth in Oracle Cloud Infrastructure revenue in the prior quarter. Capital expenditure and cash flow are also central issues after fiscal 2026 capex reached $55.7 billion and free cash flow fell to negative $23.7 billion, leading to a planned $45 billion to $50 billion financing program. Analysts assign the stock a Hold rating with an average price forecast of $60.00. BTIG maintained a Buy rating and a $75.00 target on September 4, while Needham kept a Hold rating the same day; BTIG had raised its target to $75.00 on September 2. The article also includes a Benzinga Edge scorecard for DocuSign, not Oracle, showing bullish momentum and growth but neutral value. DocuSign received scores of 77.41 for momentum, 46.09 for value and 96.57 for growth, with the verdict describing a growth-oriented profile supported by momentum but vulnerable to growth disappointments and premium valuation.