Oracle Corporation (NYSE:ORCL – Get Free Report) shares traded up 3.2% during trading on Thursday. The company traded as high as $135.08 and last traded at $134.6950. 30,052,083 shares were traded during trading, an increase of 2% from the average session volume of 29,464,893 shares. The stock had previously closed at $130.55.
Oracle News Summary
Here are the key news stories impacting Oracle this week:
- Positive Sentiment: Analyst conviction remains strong. Mizuho reaffirmed its $320 price target and “Outperform” rating, suggesting the recent decline may have created an attractive entry point if Oracle delivers on its cloud and AI growth plans. Wall Street analyst updates Oracle stock price target
- Positive Sentiment: Long-term cloud demand provides support. Oracle’s remaining performance obligations reportedly total about $664 billion, indicating substantial contracted future revenue. Recent earnings also showed strong growth, with revenue up 29.6% year over year and earnings exceeding expectations.
- Positive Sentiment: AI data-center expansion continues. Oracle’s Project Jupiter campus has selected Bloom Energy as a primary power source, while Vertex expanded its Oracle Cloud integration through Oracle Marketplace. These developments reinforce Oracle’s role in AI infrastructure and cloud services. Bloom Energy Got Good News From Oracle
Analyst Ratings Changes
Several equities research analysts recently weighed in on ORCL shares. The Goldman Sachs Group reissued a “buy” rating and issued a $240.00 price objective (up from $239.00) on shares of Oracle in a report on Monday, September 14th. Argus restated a “buy” rating and set a $225.00 price target on shares of Oracle in a research report on Monday, September 14th. JPMorgan Chase & Co. reiterated a “buy” rating on shares of Oracle in a research report on Thursday, September 10th. Citigroup restated a “market outperform” rating on shares of Oracle in a research note on Friday, October 2nd. Finally, Barclays upped their price target on Oracle from $250.00 to $252.00 and gave the stock an “overweight” rating in a research note on Friday, September 11th. One equities research analyst has rated the stock with a Strong Buy rating, thirty-six have issued a Buy rating, nine have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $251.72.
View Our Latest Analysis on ORCL
Oracle Stock Performance
The firm’s fifty day moving average price is $145.93 and its 200 day moving average price is $158.89. The firm has a market cap of $407.28 billion, a P/E ratio of 21.11, a price-to-earnings-growth ratio of 1.01 and a beta of 1.78. The company has a debt-to-equity ratio of 1.89, a quick ratio of 1.17 and a current ratio of 1.17.
Oracle (NYSE:ORCL – Get Free Report) last issued its quarterly earnings results on Thursday, September 10th. The enterprise software provider reported $1.92 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.74 by $0.18. The business had revenue of $19.34 billion for the quarter, compared to analyst estimates of $19.13 billion. Oracle had a net margin of 26.36% and a return on equity of 48.85%. Oracle’s revenue for the quarter was up 29.6% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.47 EPS. Oracle has set its Q2 2027 guidance at 1.850-1.930 EPS and its FY 2027 guidance at 8.100-8.100 EPS. Sell-side analysts expect that Oracle Corporation will post 6.73 EPS for the current fiscal year.
Oracle Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Friday, October 23rd. Stockholders of record on Friday, October 9th will be paid a dividend of $0.50 per share. The ex-dividend date of this dividend is Friday, October 9th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 1.5%. Oracle’s dividend payout ratio (DPR) is presently 31.35%.
Insiders Place Their Bets
In other news, Director Stephen H. Rusckowski acquired 25,000 shares of the stock in a transaction that occurred on Tuesday, September 29th. The shares were bought at an average cost of $139.35 per share, for a total transaction of $3,483,750.00. Following the acquisition, the director owned 25,390 shares in the company, valued at approximately $3,538,096.50. This represents a 6,410.26% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Maria Smith sold 2,631 shares of Oracle stock in a transaction that occurred on Tuesday, September 22nd. The stock was sold at an average price of $151.70, for a total value of $399,122.70. Following the transaction, the executive vice president owned 64,357 shares in the company, valued at approximately $9,762,956.90. The trade was a 3.93% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders sold 36,075 shares of company stock worth $5,342,123. Company insiders own 38.40% of the company’s stock.
Institutional Trading of Oracle
Several hedge funds have recently modified their holdings of ORCL. Mystic Asset Management Inc. grew its stake in Oracle by 13.7% in the third quarter. Mystic Asset Management Inc. now owns 6,175 shares of the enterprise software provider’s stock valued at $848,000 after purchasing an additional 746 shares in the last quarter. WealthPLAN Partners LLC lifted its stake in shares of Oracle by 21.2% in the 3rd quarter. WealthPLAN Partners LLC now owns 6,502 shares of the enterprise software provider’s stock valued at $893,000 after purchasing an additional 1,137 shares during the last quarter. RDA Financial Network raised its stake in shares of Oracle by 12.3% in the 3rd quarter. RDA Financial Network now owns 2,393 shares of the enterprise software provider’s stock valued at $329,000 after acquiring an additional 263 shares in the last quarter. Ninety One UK Ltd acquired a new position in Oracle during the third quarter valued at approximately $526,000. Finally, Chiron Capital Management LLC lifted its stake in shares of Oracle by 105.2% in the third quarter. Chiron Capital Management LLC now owns 3,312 shares of the enterprise software provider’s stock worth $455,000 after buying an additional 1,698 shares during the last quarter. 42.44% of the stock is currently owned by institutional investors and hedge funds.
Oracle Company Profile
Oracle Corporation (NYSE: ORCL) is a global technology company that develops enterprise software, cloud services and related hardware. Its offerings help businesses manage databases, applications, data, infrastructure and other core information-technology operations.
The company is best known for its Oracle Database, along with cloud-based infrastructure and platform services. Oracle also provides enterprise applications for functions such as finance, human resources, supply-chain management, customer experience and industry-specific operations.
Featured Articles
- Five stocks we like better than Oracle
- ASML Can’t Keep Up With AI Demand—Why That’s a Good Thing
- Enovix’s 100,000-Battery Drone Order Sets Up a Test of Its Production Plans
- AMD’s Support Could Help Fermi Stock Overcome Its Biggest Hurdle
- Beyond the GPU: Credo Paves the Next AI Data Superhighway
Receive News & Ratings for Oracle Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Oracle and related companies with MarketBeat.com's FREE daily email newsletter.
-logo-1200x675.jpg){kind=logo}
