Oracle Corporation provides products and services that address enterprise information technology environments worldwide. Its Oracle cloud software as a service offering include various cloud software applications, including Oracle Fusion cloud enterprise resource planning (ERP), Oracle Fusion cloud enterprise performance management, Oracle Fusion cloud supply chain and manufacturing management, Oracle Fusion cloud human capital management, Oracle Fusion cloud advertising and customer experience, and NetSuite applications suite. The company also offers cloud-based industry solutions for various industries; Oracle application licenses; and Oracle license support services. In addition, it provides cloud and license business' infrastructure technologies, such as the Oracle Database, an enterprise database; Java, a software development language; and middleware, including development tools and others. The company's cloud and license business' infrastructure technologies also comprise cloud-based compute, storage, and networking capabilities through its Oracle cloud infrastructure as a service offerings. Further, it offers infrastructure offerings comprising Oracle autonomous data warehouse cloud service, Oracle autonomous transaction processing cloud service, Internet-of-Things, digital assistant, and blockchain. Additionally, the company provides hardware products and other hardware-related software offerings, including Oracle engineered systems, enterprise servers, storage solutions, industry-specific hardware, virtualization software, operating systems, management software, and related hardware services; and consulting services. The company markets and sells its cloud, license, hardware, support, and services offerings directly to businesses in various industries, government agencies, and educational institutions, as well as through indirect channels. Oracle Corporation was founded in 1977 and is headquartered in Austin, Texas.
IPO Year: 1986
Exchange: NYSE
Website: oracle.com
Date | Price Target | Rating | Analyst |
---|---|---|---|
9/16/2024 | $210.00 | Hold → Buy | Melius |
9/10/2024 | $160.00 → $173.00 | Market Perform | BMO Capital Markets |
9/10/2024 | $175.00 | Mkt Perform → Mkt Outperform | JMP Securities |
6/17/2024 | $142.00 → $160.00 | Market Perform | BMO Capital Markets |
4/18/2024 | Perform | Oppenheimer | |
3/21/2024 | $150.00 | Overweight | KeyBanc Capital Markets |
3/14/2024 | Hold → Buy | Argus | |
3/12/2024 | $126.00 → $142.00 | Market Perform | BMO Capital Markets |
3/12/2024 | Mkt Perform → Outperform | William Blair | |
12/12/2023 | $130.00 → $126.00 | Market Perform | BMO Capital Markets |
4 - ORACLE CORP (0001341439) (Issuer)
4 - ORACLE CORP (0001341439) (Issuer)
4 - ORACLE CORP (0001341439) (Issuer)
4 - ORACLE CORP (0001341439) (Issuer)
4 - ORACLE CORP (0001341439) (Issuer)
4 - ORACLE CORP (0001341439) (Issuer)
4 - ORACLE CORP (0001341439) (Issuer)
4 - ORACLE CORP (0001341439) (Issuer)
4 - ORACLE CORP (0001341439) (Issuer)
4 - ORACLE CORP (0001341439) (Issuer)
Oracle plans to open a cloud region in Malaysia, including 150+ infrastructure and SaaS services, to help boost the country's digital economy and drive AI-fueled innovation Organizations across Malaysia can accelerate AI innovation with Oracle Cloud Infrastructure's high performance and built-in security, powerful data, and distributed cloud capabilities Upcoming cloud region to extend OCI's footprint in Asia Pacific to 12 public cloud regions AUSTIN, Texas and KUALA LUMPUR, Malaysia, Oct. 1, 2024 /PRNewswire/ -- To meet the rapidly growing demand for its artificial intelligence (AI) and cloud services in Malaysia, Oracle today announced plans to invest more than US$6.5 billion to open a
New integrations extend the value of CommunityWorks with AI, data exchange, and patient accounting capabilities AUSTIN, Texas, Sept. 24, 2024 /PRNewswire/ -- Hospitals across the U.S. continue to choose Oracle Health CommunityWorks, an integrated electronic health record (EHR) that supports the clinical, financial, and operational needs of smaller hospital operations in acute and ambulatory settings. CommunityWorks bundles the essential technology solutions these organizations need to help overcome staffing challenges, increase financial stability, and improve patient experiences. Customers driving success with CommunityWorks include Eureka Springs Hospital, Henry Community Health, Johnson
New capabilities prioritize safety, enhance information access, and help reduce the time it takes to do common tasks so clinicians can alleviate burnout and elevate patient care AUSTIN, Texas, Sept. 18, 2024 /PRNewswire/ -- Oracle Health continues to deliver electronic health record (EHR) innovations that help clinicians streamline routine tasks and deliver more efficient, informed patient care. With the new capabilities, caregivers can more quickly and easily update and access critical patient information from practically anywhere to help increase efficiency and reduce burden.
Oracle Health delivers free code to enable organizations to securely access a Veteran's health history to help ensure timely and accurate treatment no matter where care is received AUSTIN, Texas, Sept. 17, 2024 /PRNewswire/ -- Oracle Health today released new code that will enable its customers to support the Veteran Interoperability Pledge. A framework that allows US Department of Veterans Affairs (VA) and community providers to securely share patient health information, the Pledge supports the care of Veterans receiving treatment both inside and outside the VA network. With the new code, customers can seamlessly integrate APIs from the VA into Oracle Health's electronic health record (EHR)
New release delivers 12 JDK Enhancement Proposals that help developers increase productivity by improving the Java language Enhancements to the platform's performance, stability, and security help organizations accelerate business growth Java Management Service 9.0 and Graal JIT Compiler help organizations manage Java applications and improve peak performance AUSTIN, Texas, Sept. 17, 2024 /PRNewswire/ -- Oracle today announced the availability of Java 23, the latest version of the world's number one programming language and development platform. Java 23 (Oracle JDK 23) delivers thousands of improvements to help developers increase productivity and drive innovation, while enhancements to th
Financial Crime and Compliance Management Monitor delivers advanced visualizations to support banks in managing risk and meeting compliance analysis and reporting requirements AUSTIN, Texas, Sept. 17, 2024 /PRNewswire/ -- Oracle today announced Oracle Financial Crime and Compliance (FCCM) Management Monitor Cloud Service. With the new solution banks, fintechs, and other financial services companies can gain a holistic, centralized view of their FCCM efforts, enabling them to identify potential issues faster and, proactively manage risk to thwart criminal activity and reduce compliance costs. With its granular reporting capabilities, the system also helps banks demonstrate effective FCCM effo
Leading hotel brand to centralize its operations and data on the secure Oracle Hospitality Cloud platform AUSTIN, Texas, Sept. 17, 2024 /PRNewswire/ -- Hyatt (NYSE:H) has chosen the Oracle OPERA Cloud hospitality platform as the property management system (PMS) for its global hotel portfolio. With OPERA Cloud, Hyatt properties will be able to standardize its operations and data management across more than 1,000 hotels and all-inclusive properties. With a modern data platform delivering a common user interface and processes across its properties, Hyatt colleagues will have the insights to operate more efficiently and provide an improved, more consistent experience for its guests, members and
Oracle Database services running on Oracle Cloud Infrastructure are deployed directly in AWS, Google Cloud, and Microsoft Azure data centers LAS VEGAS, Sept. 11, 2024 /PRNewswire/ -- Oracle CloudWorld -- Oracle is collaborating with AWS, Google Cloud, and Microsoft Azure to help customers accelerate their application migrations and modernizations. Oracle Database@AWS, Oracle Database@Azure, and Oracle Database@Google Cloud give customers direct access to Oracle Database services running on Oracle Cloud Infrastructure (OCI) and deployed in AWS, Google Cloud, and Microsoft Azure data centers, respectively. To satisfy increasing demand for Oracle Database services running on OCI, Oracle will wo
New AI-powered capabilities embedded in Oracle Fusion Applications help organizations optimize finance, supply chain, HR, sales, marketing, and service LAS VEGAS, Sept. 11, 2024 /PRNewswire/ -- Oracle CloudWorld -- Oracle today announced new AI capabilities within the Oracle Fusion Cloud Applications Suite that will help customers successfully execute complex tasks, automate workflows, and drive efficiency. Extending the comprehensive generative AI capabilities already embedded across the suite, the latest AI innovations include more than 50 new AI agents and a range of AI capabilities that assist with authoring, advice, and recommended actions. The new AI-powered capabilities will help cus
New specialized AI agents embedded in Oracle Fusion Cloud Applications help organizations reimagine how work is done across finance, supply chain, HR, sales, marketing, and service LAS VEGAS, Sept. 11, 2024 /PRNewswire/ -- Oracle CloudWorld -- Oracle today announced 50+ role-based AI agents within the Oracle Fusion Cloud Applications Suite that will help successfully execute frequent, repetitive tasks and allow employees and managers to focus their time on more strategic tasks and initiatives. Powered by the latest innovations in generative AI, the new agents help employees and managers complete their work more efficiently by fully automating end-to-end business processes and delivering per
Melius upgraded Oracle from Hold to Buy and set a new price target of $210.00
BMO Capital Markets reiterated coverage of Oracle with a rating of Market Perform and set a new price target of $173.00 from $160.00 previously
JMP Securities upgraded Oracle from Mkt Perform to Mkt Outperform and set a new price target of $175.00
BMO Capital Markets reiterated coverage of Oracle with a rating of Market Perform and set a new price target of $160.00 from $142.00 previously
Oppenheimer initiated coverage of Oracle with a rating of Perform
KeyBanc Capital Markets initiated coverage of Oracle with a rating of Overweight and set a new price target of $150.00
Argus upgraded Oracle from Hold to Buy
BMO Capital Markets reiterated coverage of Oracle with a rating of Market Perform and set a new price target of $142.00 from $126.00 previously
William Blair upgraded Oracle from Mkt Perform to Outperform
BMO Capital Markets reiterated coverage of Oracle with a rating of Market Perform and set a new price target of $126.00 from $130.00 previously
8-K - ORACLE CORP (0001341439) (Filer)
DEFA14A - ORACLE CORP (0001341439) (Filer)
DEF 14A - ORACLE CORP (0001341439) (Filer)
FWP - ORACLE CORP (0001341439) (Subject)
10-Q - ORACLE CORP (0001341439) (Filer)
8-K - ORACLE CORP (0001341439) (Filer)
144 - ORACLE CORP (0001341439) (Subject)
144 - ORACLE CORP (0001341439) (Subject)
144 - ORACLE CORP (0001341439) (Subject)
144 - ORACLE CORP (0001341439) (Subject)
SC 13G/A - ORACLE CORP (0001341439) (Subject)
SC 13G/A - ORACLE CORP (0001341439) (Subject)
SC 13G/A - ORACLE CORP (0001341439) (Subject)
SC 13G/A - ORACLE CORP (0001341439) (Subject)
SC 13G/A - ORACLE CORP (0001341439) (Subject)
Q1 GAAP Earnings per Share up 20% to $1.03, Non-GAAP Earnings per Share up 17% to $1.39Q1 Total Revenue $13.3 billion, up 7% in USD and up 8% in constant currencyQ1 Total Remaining Performance Obligations up 53% to $99 billionQ1 Cloud Revenue (IaaS plus SaaS) $5.6 billion, up 21% in USD and up 22% in constant currencyQ1 Cloud Infrastructure (IaaS) Revenue $2.2 billion, up 45% in USD and up 46% in constant currencyQ1 Cloud Application (SaaS) Revenue $3.5 billion, up 10% in both USD and constant currencyQ1 Fusion Cloud ERP (SaaS) Revenue $0.9 billion, up 16% in USD and up 17% in constant currencyQ1 NetSuite Cloud ERP (SaaS) Revenue $0.9 billion, up 20% in both USD and constant currencyAUSTIN,
Earnings Results to be released on September 9, 2024, After the Close of the Market AUSTIN, Texas, Sept. 3, 2024 /PRNewswire/ -- Oracle Corporation today announced that its first quarter fiscal year 2025 results will be released on Monday, September 9th, after the close of the market. Oracle will host a conference call and live webcast at 4:00 p.m. Central Time to discuss the financial results. The live webcast will be available on the Oracle Investor Relations website at www.oracle.com/investor. About Oracle Oracle offers integrated suites of applications plus secure, auton
Q4 Total Remaining Performance Obligations up 44% to $98 billionQ4 GAAP Earnings per Share $1.11, Non-GAAP Earnings per Share $1.63Q4 Total Revenue $14.3 billion, up 3% in USD, up 4% in constant currency Q4 Cloud Revenue (IaaS plus SaaS) $5.3 billion, up 20% in USD and constant currencyQ4 Cloud Infrastructure (IaaS) Revenue $2.0 billion, up 42% in USD and constant currency Q4 Cloud Application (SaaS) Revenue $3.3 billion, up 10% in USD and constant currencyQ4 Fusion Cloud ERP (SaaS) Revenue $0.8 billion, up 14% in USD and constant currencyQ4 NetSuite Cloud ERP (SaaS) Revenue $0.8 billion, up 19% in USD and constant currencyFY 2024 Total Revenue $53.0 billion, up 6% in USD and constant curren
Earnings Results to be released on June 11, 2024, After the Close of the Market AUSTIN, Texas, June 4, 2024 /PRNewswire/ -- Oracle Corporation today announced that its fourth quarter and fiscal year 2024 results will be released on Tuesday, June 11th, after the close of the market. Oracle will host a conference call and live webcast at 4:00 p.m. Central Time to discuss the financial results. The live webcast will be available on the Oracle Investor Relations website at www.oracle.com/investor. About Oracle Oracle offers integrated suites of applications plus secure, autonomo
Q3 GAAP Earnings per Share $0.85, Non-GAAP Earnings per Share up 16% to $1.41Q3 Total Revenue $13.3 billion, up 7% in both USD and constant currencyQ3 Total Remaining Performance Obligations up 29% to $80 billion Q3 Cloud Revenue (IaaS plus SaaS) $5.1 billion, up 25% in USD, up 24% in constant currencyQ3 Cloud Infrastructure (IaaS) Revenue $1.8 billion, up 49% in both USD and constant currency Q3 Cloud Application (SaaS) Revenue $3.3 billion, up 14% in both USD and constant currencyQ3 Fusion Cloud ERP (SaaS) Revenue $0.8 billion, up 18% in both USD and constant currencyQ3 NetSuite Cloud ERP (SaaS) Revenue $0.8 billion, up 21% in USD, up 20% in constant currencyAUSTIN, Texas, March 11, 2024 /
Earnings Results to be released on March 11, 2024, After the Close of the Market AUSTIN, Texas, March 4, 2024 /PRNewswire/ -- Oracle Corporation today announced that its third quarter fiscal year 2024 results will be released on Monday, March 11th, after the close of the market. Oracle will host a conference call and live webcast at 4:00 p.m. Central Time to discuss the financial results. The live webcast will be available on the Oracle Investor Relations website at www.oracle.com/investor. About Oracle Oracle offers integrated suites of applications plus secure, autonomou
Q2 GAAP Earnings per Share $0.89, Non-GAAP Earnings per Share $1.34Q2 Total Revenue $12.9 billion, up 5% in USD, up 4% in constant currencyQ2 Total Remaining Performance Obligations over $65 billionQ2 Cloud Revenue (IaaS plus SaaS) $4.8 billion, up 25% in USD, up 24% in constant currencyQ2 Cloud Infrastructure (IaaS) Revenue $1.6 billion, up 52% in USD, up 50% in constant currencyQ2 Cloud Application (SaaS) Revenue $3.2 billion, up 15% in USD, up 14% in constant currencyQ2 Fusion Cloud ERP (SaaS) Revenue $0.8 billion, up 21% in USD, up 19% in constant currencyQ2 NetSuite Cloud ERP (SaaS) Revenue $0.8 billion, up 21% in USD, up 20% in constant currencyAUSTIN, Texas, Dec. 11, 2023 /PRNewswire/
Earnings Results to be released on December 11, 2023, After the Close of the Market AUSTIN, Texas, Dec. 4, 2023 /PRNewswire/ -- Oracle Corporation today announced that its second quarter fiscal year 2024 results will be released on Monday, December 11th, after the close of the market. Oracle will host a conference call and live webcast at 4:00 p.m. Central Time to discuss the financial results. The live webcast will be available on the Oracle Investor Relations website at www.oracle.com/investor. About Oracle Oracle offers integrated suites of applications plus secure, auton
Q1 GAAP Earnings per Share $0.86, Non-GAAP Earnings per Share $1.19Q1 Total Revenue $12.5 billion, up 9% in USD, up 8% in constant currencyQ1 Cloud Revenue (IaaS plus SaaS) $4.6 billion, up 30% in USD, up 29% in constant currencyQ1 Cloud Infrastructure (IaaS) Revenue $1.5 billion, up 66% in USD, up 64% in constant currencyQ1 Cloud Application (SaaS) Revenue $3.1 billion, up 17% in USD, up 17% in constant currencyQ1 Fusion Cloud ERP (SaaS) Revenue $0.8 billion, up 21% in USD, up 20% in constant currencyQ1 NetSuite Cloud ERP (SaaS) Revenue $0.7 billion, up 21% in USD, up 21% in constant currencyAUSTIN, Texas, Sept. 11, 2023 /PRNewswire/ -- Oracle Corporation (NYSE:ORCL) today announced fiscal
Earnings Results to be released on September 11, 2023, After the Close of the Market AUSTIN, Texas, Sept. 5, 2023 /PRNewswire/ -- Oracle Corporation today announced that its first quarter fiscal year 2024 results will be released on Monday, September 11th, after the close of the market. Oracle will host a conference call and live webcast at 4:00 p.m. Central Time to discuss the financial results. The live webcast will be available on the Oracle Investor Relations website at www.oracle.com/investor. About Oracle Oracle offers integrated suites of applications plus secure, aut
MultiPlan Corporation ("MultiPlan" or the "Company") (NYSE:MPLN), a leading value-added provider of data analytics and technology-enabled end-to-end cost management, as well as payment and revenue integrity solutions to the U.S. healthcare industry, announced today its CFO transition plan and named Doug Garis as EVP and CFO, effective August 5, 2024. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240731993142/en/Doug Garis named EVP and CFO of MultiPlan (Photo: Business Wire) Jim Head, who has served as EVP and CFO of MultiPlan since November 2021, will transition to a Strategic Advisor role to the Company through the end of the
Mathew Brings 30 Years of Expertise in Software Product Development and Strategy Tekion, innovator of the first cloud-native platform serving the entire automotive retail ecosystem, today announced Binu Mathew as the company's Chief Technology Officer (CTO). This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240606127524/en/Binu Mathew joins Tekion as Chief Technology Officer, bringing 30 years of experience in software product development and strategy. (Graphic: Business Wire) "We have a tremendous opportunity to meet the automotive industry's demand for reliable generative AI. Tekion is leading the way in fulfilling this need,"
New release delivers 12 JDK Enhancement Proposals to improve the Java language and enhance the development platform's performance, stability, and security JavaOne returns to the San Francisco Bay Area in 2025 AUSTIN, Texas, March 19, 2024 /PRNewswire/ -- Oracle today announced the availability of Java 22, the latest version of the world's number one programming language and development platform. Java 22 (Oracle JDK 22) delivers thousands of performance, stability, and security improvements to help developers increase productivity, drive innovation, and accelerate growth across their organizations. These include enhancements to the Java language, its APIs and performance, and the tools includ
CHICAGO, April 05, 2023 (GLOBE NEWSWIRE) -- Leading supply chain visibility company FourKites today announced the appointment of Rocky Subramanian as President, effective immediately. Widely respected as a trusted advisor to leaders executing complex digital transformation at organizations of all sizes, Subramanian will work alongside CEO Mathew Elenjickal to drive the company's strategy, growth and customer success globally. "As our new President, Rocky will be key to taking FourKites to the next level," said Elenjickal. "He has a proven track record in delivering big wins for customers, building world-class teams, championing workplace diversity and culture, scaling processes and growin
AUSTIN, Texas, Nov. 10, 2022 /PRNewswire/ -- Oracle today announced that Stuart Levey has been named executive vice president and chief legal officer. "Stuart has one of the sharpest legal minds in the country," said Oracle CEO, Safra Catz. "His depth of experience in technology, finance, and national security make him a perfect fit to lead our legal team as it navigates changing policies, complex regulations, and our rapidly growing cloud business." Levey has more than three decades of leadership in both the private and public sectors. From 2012 until 2020, he worked for glo
MINNEAPOLIS, Jan. 05, 2022 (GLOBE NEWSWIRE) -- Tactile Systems Technology, Inc. ("Tactile Medical") (NASDAQ:TCMD), a medical technology company focused on developing medical devices for the treatment of patients with underserved chronic diseases at home, today announced the appointment of Valerie L. Asbury and D. Brent Shafer to the Company's Board of Directors ("Board"), effective January 5, 2022. Ms. Asbury will serve as a member of both the Audit Committee and the Compliance & Reimbursement Committee. Mr. Shafer will serve as a member of the Audit Committee, the Compensation & Organization Committee, and the Nominating & Corporate Governance Committee. Three long-standing directors will
Company Appoints Siggi Petursson and Martin Matula to VP of Engineering Positions SentinelOne, an autonomous cybersecurity platform company, today announced the appointment of Siggi Petursson as Vice President, Customer-Centric Engineering and Martin Matula as Vice President, Engineering, Czech Republic Site Lead. SentinelOne's engineering organization operates on a global scale in multiple regional sites, enabling rapid innovation and scaled product delivery. Petursson brings more than 20 years of cybersecurity and software engineering leadership experience to SentinelOne, most recently holding the position of Sr. Director of Software Engineering at Oracle (NYSE:ORCL). At Oracle, Peturss
Technology Entrepreneur Brings Deep Expertise in Cloud Infrastructure and Identity Solutions From Cisco and Oracle LiveRamp® (NYSE:RAMP), the leading data connectivity platform, today announced the appointment of Omar Tawakol to its board of directors. Tawakol brings to LiveRamp's board extensive experience in enterprise cloud and data management, gleaned through his current position as vice president and general manager of Cisco Systems, Inc. (NASDAQ:CSCO), as well as a previous role as senior vice president of Oracle's (NYSE:ORCL) Data Cloud division. "We are very excited to welcome Omar to the LiveRamp board," said Scott Howe, LiveRamp CEO. "I have known Omar for nearly two decades and
Investors with a lot of money to spend have taken a bearish stance on Oracle (NYSE:ORCL). And retail traders should know. We noticed this today when the positions showed up on publicly available options history that we track here at Benzinga. Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with ORCL, it often means somebody knows something is about to happen. Today, Benzinga's options scanner spotted 8 options trades for Oracle. This isn't normal. The overall sentiment of these big-money traders is split between 25% bullish and 50%, bearish. Out of all of the options we uncovered, there was 1 put, for a total amount of $31,250, a
Chip stocks, led by Nvidia Corp (NASDAQ:NVDA) and Advanced Micro Devices, Inc (NASDAQ:AMD) saw redemption in Thursday's premarket session after a broader market selloff Wednesday. The stock gave up the gain in the regular session. The Biden administration's advanced semiconductor crusade against China and Presidential candidate Donald Trump's remarks against Taiwan Semiconductor Manufacturing Co (NYSE:TSM) cost the semiconductor sector over $500 billion in stock market value on Wednesday, Reuters reports. Chip stocks got a boost from Taiwan Semiconductor's upbeat quarterly results Thursday, thanks to the AI frenzy. The contract chipmaker reported second-quarter revenue of $20.82 bi
Oracle (NYSE:ORCL) has outperformed the market over the past 10 years by 2.34% on an annualized basis producing an average annual return of 13.24%. Currently, Oracle has a market capitalization of $385.23 billion. Buying $100 In ORCL: If an investor had bought $100 of ORCL stock 10 years ago, it would be worth $345.75 today based on a price of $139.78 for ORCL at the time of writing. Oracle's Performance Over Last 10 Years Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time. This article was generated by Benzinga's automated content engine and reviewed b
Deep-pocketed investors have adopted a bullish approach towards Oracle (NYSE:ORCL), and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in ORCL usually suggests something big is about to happen. We gleaned this information from our observations today when Benzinga's options scanner highlighted 13 extraordinary options activities for Oracle. This level of activity is out of the ordinary. The general mood among these heavyweight investors is divided, with 46% leaning bullish and 46% bearish. Among these notable options, 6 are puts
Deep-pocketed investors have adopted a bearish approach towards Oracle (NYSE:ORCL), and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in ORCL usually suggests something big is about to happen. We gleaned this information from our observations today when Benzinga's options scanner highlighted 36 extraordinary options activities for Oracle. This level of activity is out of the ordinary. The general mood among these heavyweight investors is divided, with 41% leaning bullish and 47% bearish. Among these notable options, 18 are put
In the preceding three months, 20 analysts have released ratings for Oracle (NYSE:ORCL), presenting a wide array of perspectives from bullish to bearish. The following table provides a quick overview of their recent ratings, highlighting the changing sentiments over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 6 5 9 0 0 Last 30D 0 1 0 0 0 1M Ago 6 4 8 0 0 2M Ago 0 0 1 0 0 3M Ago 0 0 0 0 0 The 12-month price targets, analyzed by analysts, offer insights with an average target of $148.65, a high estimate of $175.00, and a low estimate of $105.00. Surpassing the previous average price
Piper Sandler analyst Brent Bracelin maintains Oracle (NYSE:ORCL) with a Overweight and maintains $150 price target.
Oracle Corporation (NYSE:ORCL) shares are trading lower on Friday. On Thursday, the company unveiled Exadata Exascale, a cloud-based data architecture enhancing performance for Oracle Database workloads. The new service combines Exadata’s intelligent database architecture with cloud elasticity to provide high-performance capabilities for AI, analytics, and critical workloads, scalable to any size. Kothanda Umamageswaran, senior vice president of Exadata and Scale-Out Technologies, stated, “By reducing infrastructure costs by up to 95 percent, Exadata Exascale makes it possible for small workloads and small businesses to leverage the benefits of Oracle Exadata for Oracle Databases in