Thursday’s market opens with a packed agenda: Oracle’s record earnings that somehow sent the stock lower, Adobe’s most anticipated earnings print of the year reporting after the bell today, Micron pulling back from trillion-dollar territory, Nvidia grinding near $200, and on Dalal Street — Zee Entertainment riding the FIFA World Cup which kicks off today, plus ONGC and Lenskart navigating diverging narratives. Here are Stocks to Watch Today and everything you need to know before the opening bell.
Top Stocks to Watch Today – June 11, 2026
1. ORACLE (NYSE: ORCL) — Record Quarter, But a $40B Fundraising Plan Rattled Investors
Why it’s moving: ORCL reported Q4 FY2026 results after the bell on June 10 — a clean beat on every metric — and then dropped 7% in after-hours trading. Classic Oracle: beat and retreat.
| Q4 FY2026 Metric | Result | vs. Estimate / Prior Year |
|---|---|---|
| Total Revenue | $19.2 billion | Beat $19.1B est. / +21% YoY |
| Cloud Revenue | $9.9 billion | +47% YoY — primary driver |
| GAAP EPS | $1.45 | +21% YoY |
| Non-GAAP EPS | $2.11 | +24% YoY |
| FY2026 Full-Year Revenue | $67.4 billion | +17% YoY |
| FY2026 Cloud Revenue | $34.0 billion | +39% YoY |
| Remaining Performance Obligations | $638 billion | Incl. $75B prepaid AI hardware |
| Quarterly Dividend Declared | $0.50/share | Payable July 24, 2026 |
| FY2026 Capex | $55.7 billion | ← The number that hurt the stock |
Forward guidance:
- FY2027 Revenue: $90 billion (reaffirmed)
- FY2027 Non-GAAP EPS: $8.05 (raised)
- Plans to raise another $40 billion in FY2027 via debt and equity — dilution fears triggered the selloff
Price & Technicals (June 10–11, 2026)
| Level | Price | Note |
|---|---|---|
| R2 (Resistance) | $223.85 | Pre-earnings gap zone |
| R1 (Resistance) | $207.95 | June 10 intraday high; key recovery |
| Pivot | $196.58 | Neutral pivot |
| June 10 Close | $192.06 | Post-earnings reaction close |
| S1 (Support) | $180.68 | Near-term floor post-earnings drop |
| S2 (Support) | $169.31 | If selling deepens; gap fill zone |
| 52-Week Low | $134.57 | Absolute floor |
- Price to watch: $185.21 = June 10 intraday low. If ORCL opens and holds above that, bulls will try to recover toward $196–$208.
- Bull case: $90B FY2027 guidance + $638B RPO backlog + Remaining Performance Obligations including $75B of prepaid AI hardware = the largest AI cloud backlog in enterprise software. Target $240–$300 (Bank of America, TD Cowen, Oppenheimer).
- Bear case: $55.7B capex + $40B more fundraising = significant dilution and margin compression. Investors who paid $210 pre-earnings are nursing a 9% loss overnight.
2. ADOBE (NASDAQ: ADBE) — Earnings Tonight. The Most Important Print of the Year for AI-Creative Software
Why it’s the story of June 11: Adobe reports Q2 FY2026 results today after the bell — and the stakes are extraordinary. The stock is down roughly 30–32% year-to-date, beaten down by a single narrative: that generative AI is eating Adobe’s creative software moat. Options markets are pricing a 9.45% swing in either direction.
| Snapshot | Value |
|---|---|
| Current Price (pre-market est.) | ~$256 |
| 52-Week Low / High | — / — |
| YTD Performance | Down ~30–32% |
| Street Mean Price Target | $327 |
| Implied Upside (from $256) | ~27.7% |
| $25B Buyback Authorization | In place |
| Options-Implied Move (tonight) | ±9.45% |
| CEO Status | CEO change expected; market awaiting announcement |
What to watch in tonight’s print:
- Digital Media ARR growth — reaffirm the full-year 10.2% ARR growth target or miss it
- AI monetization commentary — Firefly AI usage data; any pricing uplift from AI Credits billing
- Document Cloud vs. Creative Cloud — which segment is holding; which is under siege
- CEO announcement — MarketWatch flagged “Adobe needs a new CEO to make bold AI moves, and its choice could be revealed Thursday”
Bull case (Target: $290–$340): ARR growth holds at 10%+; management proves AI tools (Firefly) are adding revenue rather than cannibalizing it; $25B buyback continues absorbing shares at a 30% YTD discount; a new CEO with bold AI vision re-rates the stock.
Bear case (Target: $200–$230): Management admits own AI tools are cannibalizing the stock-photo and creative suite businesses (already partially admitted Q1); ARR misses; no CEO clarity; stock breaks toward $220.
Pivot levels (pre-earnings, using recent $256 reference):
| Level | Price | Context |
|---|---|---|
| R2 (Resistance) | $278 | Pre-bounce range; needs strong print |
| R1 (Resistance) | $267 | Near-term ceiling for bulls |
| Pivot | $256 | Current trading zone |
| S1 (Support) | $245 | Post-print floor on in-line result |
| S2 (Key Support) | $234 | Worst-case miss scenario |
3. MICRON TECHNOLOGY (NASDAQ: MU) — Down 14% From $896 Peak, But $720 Is Not the Story. June 24 Earnings Is.
Why it’s trending: Micron touched near-$896/share recently — a level that briefly put it at a $1 trillion+ market cap. It has since pulled back approximately 14–18% over five sessions, caught in a broader AI chip de-risking wave alongside NVDA and AMD. But the story has not changed.
| Metric | Data |
|---|---|
| Recent 52-Week Peak | ~$896/share (recent high) |
| Current Est. Price (June 11) | ~$720–$750 (down ~14-18% from peak) |
| 52-Week Low | ~$96 (pre-AI memory supercycle) |
| YoY Return | ~+830% |
| Q2 FY26 Revenue | $23.86B (+196% YoY) |
| Q2 FY26 Non-GAAP EPS | $12.20 (record) |
| Q3 FY26 EPS Estimate (June 24) | $18.97 |
| FY2026 EPS Consensus | $57.71 (up 651.4% from $7.68) |
| FY2027 EPS Consensus | $97.77 (up +69.4% YoY) |
| Goldman Sachs Target | $900 (raised from $400, June 9) |
| Next Earnings | June 24, 2026 — the key catalyst |
Latest developments:
- Goldman Sachs raised target to $900 (from $400) on June 9 — Neutral maintained, but the upgrade magnitude is staggering
- Bechtel partnership announced June 10 — selected to partner on engineering, procurement and construction for new Micron fab in Clay, New York
- Dr. Alexis Black Björlin appointed to Board of Directors (June 9) — strengthens AI and semiconductor expertise on board
- HBM4 certification for Vera Rubin: Nvidia certified Micron, Samsung, and SK Hynix to supply HBM4 memory for its next-generation Vera Rubin NVL72 platform
- $200B U.S. expansion: Already started production of 1α DRAM at Manassas, Virginia
Price
| Level | Price | Note |
|---|---|---|
| R2 (Resistance) | ~$900 | Goldman target; pre-pullback high zone |
| R1 (Resistance) | ~$820 | Recovery zone |
| Current Zone | ~$720–$750 | Post-AI chip risk-off; support area |
| S1 (Support) | ~$680 | If selloff extends |
| S2 (Key Support) | ~$600 | Pre-run consolidation zone |
- Bull case: Q3 EPS of ~$18.97 + FY2026 EPS of $57.71 on June 24 = forward P/E of ~13x at $750. Structural HBM demand + monopolistic quality margins = justified premium re-rating toward $900–$950.
- Bear case: Semiconductor cycle turns; export restrictions tighten; Samsung/SK Hynix price war resumes. $600 scenario possible if macro deteriorates.
4. NVIDIA (NASDAQ: NVDA) — $200 Is the New $100. Here’s Why Every Dip Gets Bought
Why it’s trending: NVDA’s stock fell to $200.03 on June 10 — the lowest close in recent sessions — as hot CPI data, war escalation fears, and broad risk-off sentiment pressured AI semiconductor stocks. And yet, the fundamental story has not changed.
| Snapshot (June 10, 2026) | Value |
|---|---|
| June 10 Close | $200.03 |
| Day Range | $199.41 – $207.22 |
| 52-Week Range | $140.86 – $236.54 |
| FY2026 Revenue | $215.94B (+65.47%) |
| FY2026 Net Income | $120.07B |
| Analyst Consensus (62 analysts) | Strong Buy |
| Average 12-Month Price Target | $298.42 (+44.82%) |
Recent newsflow (past 10 days):
- Apple partnership confirmed — Nvidia AI chips integrated into Apple products; Apple “admitted defeat in the Siri AI race” per analysts
- SK Hynix multiyear deal (June 7) — memory supply secured for AI factory buildout
- OpenAI 10GW data center — in negotiations for Ohio campus potentially backed by Nvidia
- TSMC + Nvidia — bringing AI into semiconductor fabs to advance chip design (June 1)
- Vera Rubin NVL72 and NVL8 platforms rolling out; SMCI and other ODMs certifying blueprints
- Physical AI toolkit released (June 1) — 100+ open source agent tools
| Level | Price | Note |
|---|---|---|
| R3 (Resistance) | $236.54 | 52-week high; ATH retest target |
| R2 (Resistance) | $224 | Major resistance zone |
| R1 (Resistance) | $210.03 | First intraday hurdle |
| Pivot Point | $202.22 | Neutral dividing line |
| Current (June 10) | $200.03 | Just below pivot; caution zone |
| S1 (Support) | $197.22 | Watch closely; 52-week vol floor |
| S2 (Key Support) | $194.41 | Strong institutional buying zone |
| S3 (Deep Support) | $189.41 | Macro selloff scenario |
| 52-Week Low | $140.86 | Absolute floor |
- Bull case (Target: $260–$300): AI demand is structural; 44.82% implied upside to $298 consensus. Every pullback to $195–$200 has historically been absorbed. FY2027 earnings acceleration supports $300+.
- Bear case (Target: $165–$180): Antitrust scrutiny; export control escalation with China; competition from custom silicon (Google TPU, Amazon Trainium, Apple). $200 breaks below $190 = technical breakdown.
5. ZEE ENTERTAINMENT (NSE: ZEEL) — FIFA World Cup Kicks Off TODAY. This Is Zee’s Biggest Broadcast Moment in Years.
Why it’s the most timely Indian stock on this list: The 2026 FIFA World Cup kicked off today, June 11, and Zee Entertainment is broadcasting it across its newly launched Unite8 Sports channels and Zee5 digital platform — under an 8-year broadcast deal covering 2026–2034.
| Snapshot (NSE, June 5, 2026) | Value |
|---|---|
| Last Close (June 5) | ₹110.84 (+6.15%) |
| 52-Week Low / High | ₹68.10 / ₹151.70 |
| 1-Month Gain | +17.25% |
| Volume (June 5) | 1508.86L vs avg 291.53L — 5x surge |
| PE Ratio (TTM) | 77.9 |
| Board Meeting | June 10, 2026 |
| FIFA Broadcast Duration | 8 years (2026–2034) |
Key catalysts:
- FIFA World Cup 2026 begins today — advertising revenues from live sports are Zee’s highest-margin segment
- Q4 FY26 showed 53% YoY digital growth and digital breakeven; Zee5 is the direct beneficiary of FIFA streaming rights
- Network share rose to 17.4% (up 80 bps); Zee TV registered 40% GRP growth
- Promoter stake increasing from 4.28% to 18.39% via preferential warrant issuance at ₹132/share — strong promoter conviction at higher-than-current-book prices
- Volume on June 5 was 5x the daily average — institutional accumulation visible
| Level | Price (₹) | Note |
|---|---|---|
| R2 (Resistance) | ₹130–₹135 | Previous support zone; now resistance |
| R1 (Resistance) | ₹118–₹120 | Near-term ceiling |
| Pivot | ₹110–₹112 | Current zone; holding = bullish |
| S1 (Support) | ₹100–₹102 | Psychological floor |
| S2 (Key Support) | ₹90–₹92 | 3-month accumulation zone |
| 52-Week Low | ₹68.10 | March 2026 absolute floor |
- Bull case (₹130–₹160): FIFA viewership drives Zee5 subscriber growth and advertising premium; promoter warrant exercise at ₹132 signals insider conviction; 8-year deal provides recurring broadcast revenue base. Analysts at JM Financial have a ₹210 target.
- Bear case (₹85–₹90): Digital competition from JioStar (which also bid $20–$25M for FIFA rights) is fierce; ARPU growth remains elusive; stock still down 12.44% over one year.
6. ONGC (NSE: ONGC) — Bumper Q4 Profit, Crude Tailwind Fading. A Value Play at 9.9x PE
Why it’s on the radar: ONGC delivered Q4 FY26 net profit of ₹10,819 crore — up 45.6% year-on-year — driven by elevated crude oil realisations from West Asia tensions. The stock is digesting a reversal in Brent crude (falling toward $91–$93) after the Iran-Israel ceasefire progression.
| Snapshot (NSE, June 10, 2026) | Value |
|---|---|
| Price (June 10) | ₹259.40 |
| Day Range | ₹258.00 – ₹261.85 |
| 52-Week Range | ₹228.61 – ₹307.50 |
| Market Cap | ₹3,25,829 crore |
| PE Ratio | 9.91x |
| Q4 FY26 Net Profit | ₹10,819.65 crore (+45.6% YoY) |
| Q4 FY26 Revenue | ₹1,73,805 crore (+3.61% YoY) |
| Final Dividend | ₹1/share (recommended) |
| Dividend Yield (approx.) | ~4.5% |
Key catalysts:
- KG-D5 deepwater gas production ramp-up expected materially through FY27
- DUDP project: full commissioning Sep/Oct 2026 (adding 3–4 MMSCMD new gas)
- KG-98/2 deep-water wells set for commissioning July/August 2026
- Green ammonia offtake deal with Samsung C&T — first credible energy transition signal from ONGC
- Every $5/barrel change in crude realisation = ~8–9% EPS impact: Brent falling from $117→$93 is a headwind for Q1 FY27
| Level | Price (₹) | Note |
|---|---|---|
| R2 (Resistance) | ₹295–₹307 | 52-week high zone |
| R1 (Resistance) | ₹275–₹280 | Consensus analyst target zone |
| Pivot | ₹260–₹265 | Current trading zone |
| S1 (Support) | ₹250–₹252 | Recent consolidation base |
| S2 (Key Support) | ₹240–₹245 | Strong institutional support |
| 52-Week Low | ₹228.61 | Absolute floor |
- Bull case (₹295–₹330): Crude stays above $90 Brent; KG-D5 and new well gas production ramps as scheduled; energy transition narrative adds premium. Emkay target: ₹315.
- Bear case (₹200–₹235): Rapid Hormuz reopening drags Brent below $75; production ramp delays persist; PSU oil discount continues.
7. LENSKART (NSE: LENSKART | BSE: 544600) — Post-IPO Lock-In Selling Absorbed. Institutions Still Buying.
Why it’s on watch: Lenskart’s IPO lock-in period expired in May 2026 — investors were watching for a wave of selling. Instead, institutional buyers absorbed the supply, with HDFC Life, Kotak Funds, Wasatch, and the Teachers Retirement System of Illinois all purchasing at ₹508–₹509 levels.
| Snapshot (NSE, June 8, 2026) | Value |
|---|---|
| Price (June 8) | ₹509.55 (NSE) |
| Day Range | ₹496.60 – ₹511.80 |
| 52-Week Range | ₹356.10 – ₹557.65 |
| 6-Month Return | +22.1% |
| IPO Issue Price | ₹402 (Oct-Nov 2025) |
| Gain from IPO price | +26.8% |
| Market Cap | ₹88,057 crore |
| PE Ratio | 184.74x |
| Average Analyst Target | ₹551 (12 Buy, 1 Sell) |
| High Analyst Target | ₹625 |
Key Q4 FY26 & corporate developments:
- Net profit ₹200.29 crore in Q4 (down 8.5% QoQ from record Q3; seasonality)
- FY2027 revenue: ₹8,988.34 crore; FY2027 net profit: ₹505.35 crore
- Subsidiary merger: Dealskart Online + Lenskart Eyetech merging into LENS — simplifies group structure, reduces costs
- In-house optical hardware — acquiring lens edging systems manufacturer; reduces long-term capex
- Block deal (May 2026): ₹5,650 crore IPO lock-in selling largely absorbed without structural price breakdown
| Level | Price (₹) | Note |
|---|---|---|
| R2 (Resistance) | ₹557.65 | 52-week high; all-time high |
| R1 (Resistance) | ₹535–₹545 | Average analyst target zone |
| Pivot | ₹505–₹510 | Current trading zone |
| S1 (Support) | ₹480–₹490 | First defensive floor |
| S2 (Key Support) | ₹455–₹465 | Strong support; long-term holders zone |
| IPO Issue Price | ₹402 | Psychological benchmark |
| 52-Week Low | ₹356.10 | Listing day low |
- Bull case (₹550–₹625): Indian eyewear market growing at a CAGR of 12–15%; AI-powered eye testing driving store conversion; international OWNDAYS expansion monetising; FY27 PAT tracking ₹505 crore. Target ₹625 (high analyst estimate).
- Bear case (₹400–₹450): PE of 184x is extreme vs sector average of 47x; continued promoter selling after lock-in; competitive pressure from Titan EyePlus and unorganised retail; global expansion costs weigh on margins.
📋 Quick Reference: All Seven Stocks at a Glance
| Stock | Exchange | Price (Latest) | Trend | Key Event Today / This Week |
|---|---|---|---|---|
| ORCL | NYSE | ~$192 (post-AH) | ⬇ Sell | Q4 results digest; $40B fundraise overhang |
| ADBE | NASDAQ | ~$256 | ⚡ Watch | Q2 FY26 earnings TODAY after bell |
| MU | NASDAQ | ~$720–$750 | ⬇ Dip | Q3 earnings June 24; Goldman $900 target |
| NVDA | NASDAQ | ~$200 | ⬇ Watch | CPI data pressure; Apple AI deal positive |
| ZEEL | NSE/BSE | ₹110–₹115 | ⬆ Buy | FIFA World Cup kicks off TODAY |
| ONGC | NSE/BSE | ₹259.40 | → Hold | Crude pullback vs. KG-D5 ramp; Q4 beat |
| LENSKART | NSE/BSE | ₹509.55 | ⬆ Watch | Lock-in selling absorbed; FY27 growth story |
Disclaimer: This publication is entirely for informational and journalistic purposes and does not constitute formal financial, investment, or legal advice. All market investments carry inherent risks of capital loss. Indian equity markets (NSE/BSE) and U.S. equity markets involve distinct risk profiles, currency considerations, regulatory environments, and liquidity conditions. Always complete independent due diligence prior to executing equity trades. Consult a SEBI-registered advisor for Indian market investments and a FINRA-registered advisor for U.S. markets. Past performance is not indicative of future results.
Follow TNN for latest financial news today and daily stock market news!
Sources: Oracle IR Stocktitan, TradingKey Oracle, Robinhood ORCL/NVDA, TIKR Adobe, Micron SEC 8-K FQ2, SimplyWallSt MU, StockAnalysis MU/NVDA, Tickertape ZEEL/ONGC, Business Standard ZEEL, Kotak Neo ONGC/LENSKART, Groww LENSKART, Investing.com LENS.
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