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Oracular Spectacular is the debut studio album by the American band MGMT, released on October 2, 2007, by RED Ink and physically on January 22, 2008, by Columbia. It was produced by Dave Fridmann and is the band's first release of new content, recorded from March to April 2007. The album was promoted with three singles: "Time to Pretend", "Electric Feel" and "Kids". Both "Time to Pretend" and "Kids" were re-recorded for the album; they were originally included on the band's previous release Time to Pretend (2005), with the opening track serving as a "mission statement" and the theme continuing through the album's subsequent tracks.

Although Oracular Spectacular never sold more than 17,000 units in a week, at least 2,000 copies per week were sold during the period from January 2008 through April 2010. The album received positive reviews from critics, who lauded its production style, musical direction and composition. It was nominated for the International Album award at the 2009 Brit Awards. In 2012, Rolling Stone ranked the album at number 494 on its list of The 500 Greatest Albums of All Time.