The Oscars recently have been held in late February.
In a statement released Wednesday, the academy said the earliest any date change could take effect would be for the Oscars in 2012.
"At the June 22 meeting of the Academy's Board of Governors, there was discussion about moving the date of the Oscar telecast earlier. The discussion was about the possibility of doing so no sooner than the 84th Academy Awards, to be held in 2012. The date for the next Oscar telecast, the 83rd, has already been announced and is firm: February 27, 2011."
"There are a number of questions still to be answered and challenges to be addressed with regard to moving the show to an earlier date. The Academy Governors and staff have been and will continue to look into those questions and challenges. No decision has been made and there is currently no timetable for when a decision might be made. This idea is simply under consideration and being explored as a possibility."
For many years, the Oscars were held in late March but were moved to February to shorten what many consider a prolonged Hollywood awards season.
The Associated Press contributed to this report.