Shares of Oracle Corporation (NYSE:ORCL – Get Free Report) rose 4.3% during trading on Tuesday. The company traded as high as $144.18 and last traded at $143.29. Approximately 25,935,313 shares changed hands during trading, a decline of 12% from the average daily volume of 29,342,303 shares. The stock had previously closed at $137.39.
More Oracle News
Here are the key news stories impacting Oracle this week:
- Positive Sentiment: Oracle proposed an electricity agreement with El Paso Electric for its Project Jupiter AI data center in New Mexico. The arrangement would provide power during final construction and commissioning, helping keep the project on schedule. Why is Oracle stock gaining 4% today?
- Positive Sentiment: The proposed power plan could provide up to $55 million in annual bill credits, while Oracle reaffirmed Bloom Energy’s role at Project Jupiter. The agreement requires Oracle to pay $10 million annually for 10 years, even if usage falls below contracted levels. Oracle Proposes Up To $55M In Annual Power Bill Credits
- Positive Sentiment: Oracle joined Microsoft and Marvell Technology on a data-center security initiative intended to establish a new server-security standard, reinforcing its position in enterprise AI infrastructure. Oracle Stock Moves Higher: What’s Happening?
- Positive Sentiment: Board member Stephen Rusckowski reportedly purchased approximately $3.48 million of Oracle stock. The insider buying may be viewed as a signal of confidence after the shares’ steep decline from their record high. Monster insider trading alert for Oracle stock
- Neutral Sentiment: Analysts and investors remain divided: Oracle has a large AI-related backlog and major cloud opportunity, but the market increasingly wants evidence that those commitments will translate into cash flow and profits. Oracle Has $664B Lined Up. The Market Wants Cash First
- Negative Sentiment: Reports that OpenAI’s annualized revenue is about $50 billion—below some earlier expectations—have renewed concerns about the durability of AI-compute demand and Oracle’s reported $300 billion OpenAI-related contract. OpenAI’s Revenue Scare Could Be a Big Opportunity for Investors
- Negative Sentiment: Investors are also watching Oracle’s heavy borrowing for AI infrastructure and potential delays involving energy supply, permits and data-center construction, which could increase costs or create contractual pressure. Broadcom Vs. Oracle: Whose AI Chip Debt Financing Scheme Looks Worse?
Analysts Set New Price Targets
Several research analysts have recently issued reports on the stock. The Goldman Sachs Group reiterated 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. Weiss Ratings cut Oracle from a “hold (c+)” rating to a “hold (c)” rating in a report on Monday, July 20th. Morgan Stanley boosted their price objective on Oracle from $207.00 to $210.00 and gave the stock an “equal weight” rating in a research note on Friday, September 4th. Oppenheimer restated an “outperform” rating and issued a $275.00 price objective (up from $235.00) on shares of Oracle in a report on Tuesday, September 8th. Finally, JPMorgan Chase & Co. reaffirmed a “buy” rating on shares of Oracle in a research note on Thursday, September 10th. One investment analyst has rated the stock with a Strong Buy rating, thirty-six have given a Buy rating, nine have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $251.72.
Oracle Stock Up 4.3%
The company has a current ratio of 1.17, a quick ratio of 1.17 and a debt-to-equity ratio of 1.89. The firm has a market capitalization of $433.27 billion, a price-to-earnings ratio of 22.46, a PEG ratio of 1.00 and a beta of 1.78. The stock has a fifty day moving average of $146.25 and a 200-day moving average of $159.00.
Oracle (NYSE:ORCL – Get Free Report) last announced its earnings results on Thursday, September 10th. The enterprise software provider reported $1.92 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.74 by $0.18. Oracle had a return on equity of 48.85% and a net margin of 26.36%. The company had revenue of $19.34 billion for the quarter, compared to analyst estimates of $19.13 billion. During the same period in the previous year, the firm earned $1.47 earnings per share. Oracle’s revenue for the quarter was up 29.6% compared to the same quarter last year. Oracle has set its Q2 2027 guidance at 1.850-1.930 EPS and its FY 2027 guidance at 8.100-8.100 EPS. As a group, sell-side analysts expect that Oracle Corporation will post 6.69 EPS for the current year.
Oracle Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Friday, October 23rd. Shareholders of record on Friday, October 9th will be issued a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a yield of 1.4%. The ex-dividend date is Friday, October 9th. Oracle’s payout ratio is presently 31.35%.
Insiders Place Their Bets
In other news, Director Stephen Rusckowski bought 25,000 shares of the firm’s stock in a transaction on Tuesday, September 29th. The stock was bought at an average cost of $139.35 per share, for a total transaction of $3,483,750.00. Following the completion of the acquisition, the director directly owned 25,390 shares in the company, valued at $3,538,096.50. This represents a 6,410.26% increase in their position. The purchase was disclosed in a filing with the SEC, which is available at 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 transaction of $399,122.70. Following the completion of the transaction, the executive vice president directly owned 64,357 shares in the company, valued at approximately $9,762,956.90. This trade represents a 3.93% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 36,075 shares of company stock worth $5,342,123 over the last ninety days. 38.40% of the stock is currently owned by company insiders.
Hedge Funds Weigh In On Oracle
Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. North Point Portfolio Managers Corp OH acquired a new position in shares of Oracle in the 3rd quarter valued at about $27,000. Basso Capital Management L.P. purchased a new stake in shares of Oracle in the fourth quarter worth approximately $29,000. Maseco LLP acquired a new stake in shares of Oracle during the first quarter worth approximately $29,000. Persistent Asset Partners Ltd acquired a new stake in shares of Oracle during the second quarter worth approximately $29,000. Finally, Markowski Investments purchased a new position in Oracle during the second quarter valued at approximately $32,000. 42.44% of the stock is currently owned by hedge funds and other institutional investors.
About Oracle
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
- A Chinese Rival Just Spooked Memory Stocks—How Worried Should Micron Investors Be?
- Could T-Mobile’s Satellite Competition Fears Create a Buying Opportunity?
- Surgical Precision, Sustainable Returns: Johnson & Johnson Secures Its Cash Flow Runway
- Tesla’s Robotaxi Lands in Paris—But Europe’s Real Fight Is Over Cheap EVs
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.
