A number of research firms have changed their ratings and price targets for Oracle Corporation (NYSE: ORCL):

  • 9/20/2017 – Oracle Corporation was downgraded by analysts at BidaskClub from a “buy” rating to a “hold” rating.
  • 9/19/2017 – Oracle Corporation had its “buy” rating reaffirmed by analysts at BTIG Research. They now have a $58.00 price target on the stock.
  • 9/18/2017 – Oracle Corporation was upgraded by analysts at Vetr from a “strong sell” rating to a “sell” rating. They now have a $46.58 price target on the stock.
  • 9/18/2017 – Oracle Corporation had its “buy” rating reaffirmed by analysts at Bank of America Corporation. They now have a $62.00 price target on the stock.
  • 9/18/2017 – Oracle Corporation had its “overweight” rating reaffirmed by analysts at Wells Fargo & Co. They now have a $62.50 price target on the stock.
  • 9/18/2017 – Oracle Corporation had its “overweight” rating reaffirmed by analysts at Credit Suisse Group. They now have a $62.00 price target on the stock.
  • 9/16/2017 – Oracle Corporation had its “buy” rating reaffirmed by analysts at Canaccord Genuity. They now have a $57.00 price target on the stock, up previously from $56.00.
  • 9/16/2017 – Oracle Corporation had its “buy” rating reaffirmed by analysts at Stifel Nicolaus. They now have a $53.00 price target on the stock, up previously from $52.00.
  • 9/15/2017 – Oracle Corporation had its “outperform” rating reaffirmed by analysts at Wedbush. They now have a $58.00 price target on the stock.
  • 9/15/2017 – Oracle Corporation had its “buy” rating reaffirmed by analysts at UBS AG. They now have a $57.00 price target on the stock, up previously from $52.00.
  • 9/15/2017 – Oracle Corporation was given a new $55.00 price target on by analysts at J P Morgan Chase & Co. They now have a “buy” rating on the stock.
  • 9/15/2017 – Oracle Corporation was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “Oracle's first-quarter fiscal 2018 results were impressive. The company is benefiting from significant momentum in the SaaS offerings. The company stated that it is wining market share against salesforce.com and Workday. We believe the company’s growing cloud market share will continue to drive top-line growth in the foreseeable future. Moreover, the upcoming launch of the next-generation autonomous database, which is supported by machine learning, is a key catalyst. The stock has outperformed the industry on a year-to-date basis driven by these factors. However, soft outlook for the second quarter reflects slowing cloud momentum, particualrly due to increasing competition from Microsoft Azure and Amazon Web Services. Moreover, higher investments on PaaS and IaaS will keep margins under pressure in the near term.”
  • 9/15/2017 – Oracle Corporation had its price target raised by analysts at Jefferies Group LLC from $60.00 to $61.00. They now have a “buy” rating on the stock.
  • 9/15/2017 – Oracle Corporation had its “hold” rating reaffirmed by analysts at Oppenheimer Holdings, Inc..
  • 9/15/2017 – Oracle Corporation had its “buy” rating reaffirmed by analysts at Mitsubishi UFJ Financial Group. They now have a $63.00 price target on the stock.
  • 9/15/2017 – Oracle Corporation had its price target raised by analysts at Barclays PLC from $55.00 to $59.00. They now have an “overweight” rating on the stock.
  • 9/14/2017 – Oracle Corporation had its “buy” rating reaffirmed by analysts at Drexel Hamilton. They now have a $62.00 price target on the stock. They wrote, “We believe Oracle will at least meet our 1Q:FY18 revenue estimate of $9.03 billion (up 5% YoY; Street is at $9.03 billion) and slightly exceed our EPS projection of $0.61 (Street is at $0.60). Our model reflects a sales decline of 18% QoQ in 1Q:FY18 and better than the five-year average August quarter performance of down 22%. Recall, Oracle’s 1Q:FY18 outlook calls for sales to be up 4-6% YoY in CC and pro-forma EPS of $0.59-0.61. This earnings season, the companies in our software coverage delivered strong quarterly reports and this continued with the off-quarter updates in recent weeks.””
  • 9/14/2017 – Oracle Corporation was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $59.00 price target on the stock. According to Zacks, “Oracle is benefiting from significant momentum in the SaaS and PaaS offerings. We believe the company’s growing cloud market share will continue to drive top-line growth for the foreseeable future. The stock has outperformed the industry on a year-to-date basis driven by these factors. The recent collaboration with Mitshubishi and addition of AI and machine learning features in  Internet of Things (IoT) Cloud offerings is positive. NetSuite continues to expand customer base and was recently named as a leader among B2B commerce suites for midsize organizations by Forrester Wave report. Meanwhile, estimates have been going up lately ahead of the company's Q1 earnings release. The company has mixed record of earnings surprises in recent quarters. However, higher investments on IaaS will affect gross margin expansion in the near-term.”
  • 9/12/2017 – Oracle Corporation was downgraded by analysts at Vetr from a “sell” rating to a “strong sell” rating. They now have a $46.58 price target on the stock.
  • 9/12/2017 – Oracle Corporation was upgraded by analysts at BidaskClub from a “hold” rating to a “buy” rating.
  • 9/12/2017 – Oracle Corporation had its price target raised by analysts at Royal Bank Of Canada from $53.00 to $56.00. They now have an “outperform” rating on the stock.
  • 9/11/2017 – Oracle Corporation had its “buy” rating reaffirmed by analysts at Rosenblatt Securities. They now have a $58.00 price target on the stock.
  • 9/6/2017 – Oracle Corporation is now covered by analysts at Moffett Nathanson. They set a “buy” rating and a $65.00 price target on the stock.
  • 9/5/2017 – Oracle Corporation is now covered by analysts at Credit Suisse Group. They set an “outperform” rating and a $62.00 price target on the stock.
  • 9/3/2017 – Oracle Corporation was downgraded by analysts at Vetr from a “buy” rating to a “hold” rating. They now have a $46.58 price target on the stock.
  • 9/1/2017 – Oracle Corporation was upgraded by analysts at ValuEngine from a “hold” rating to a “buy” rating.
  • 8/28/2017 – Oracle Corporation was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “Oracle is benefiting from significant momentum in the SaaS and PaaS offerings. This has also helped in improving the company's competitive position against salesforce.com and Workday. We believe the company’s growing cloud market share will continue to drive top-line growth for the foreseeable future. The stock has outperformed the industry on a year-to-date basis driven by these factors. We believe the company’s growing cloud market share will continue to drive top-line growth for the foreseeable future. Moreover, Oracle continues to win new customers in HCM, ERP and CX. Meanwhile, estimates have been stable lately ahead of the company's Q1 earnings release. The company has mixed record of earnings surprises in recent quarters. However, higher investments on IaaS will affect gross margin expansion in the near-term. Further, a strong U.S. dollar remains a headwind.”
  • 8/27/2017 – Oracle Corporation had its “buy” rating reaffirmed by analysts at Royal Bank Of Canada. They now have a $53.00 price target on the stock.
  • 8/18/2017 – Oracle Corporation was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $54.00 price target on the stock. According to Zacks, “Oracle is benefiting from significant momentum in the SaaS and PaaS offerings. This has also helped in improving the company's competitive position against salesforce.com and Workday. We believe the company’s growing cloud market share will continue to drive top-line growth for the foreseeable future. The stock has outperformed the industry on a year-to-date basis driven by these factors. We believe the company’s growing cloud market share will continue to drive top-line growth for the foreseeable future. Moreover, Oracle continues to win new customers in HCM, ERP and CX. However, higher investments on IaaS will affect gross margin expansion in the near-term. Further, a strong U.S. dollar remains a headwind.”
  • 8/17/2017 – Oracle Corporation was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “Oracle is benefiting from significant momentum in the SaaS and PaaS offerings. This has also helped in improving the company's competitive position against salesforce.com and Workday. We believe the company’s growing cloud market share will continue to drive top-line growth for the foreseeable future. The stock has outperformed the industry on a year-to-date basis driven by these factors. We believe the company’s growing cloud market share will continue to drive top-line growth for the foreseeable future. Moreover, Oracle continues to win new customers in HCM, ERP and CX. Meanwhile, estimates have been stable lately ahead of the company's Q2 earnings release. The company has mixed record of earnings surprises in recent quarters. However, higher investments on IaaS will affect gross margin expansion in the near-term. Further, a strong U.S. dollar remains a headwind.”
  • 8/9/2017 – Oracle Corporation was downgraded by analysts at BidaskClub from a “buy” rating to a “hold” rating.

Shares of Oracle Corporation (NYSE ORCL) opened at 48.16 on Monday. The stock has a market capitalization of $200.97 billion, a PE ratio of 20.95 and a beta of 1.05. The firm’s 50-day moving average is $49.85 and its 200-day moving average is $47.11. Oracle Corporation has a one year low of $37.62 and a one year high of $53.14.

Oracle Corporation (NYSE:ORCL) last announced its quarterly earnings data on Thursday, September 14th. The enterprise software provider reported $0.62 EPS for the quarter, beating the consensus estimate of $0.60 by $0.02. Oracle Corporation had a net margin of 25.34% and a return on equity of 20.55%. The business had revenue of $9.21 billion during the quarter, compared to analysts’ expectations of $9.03 billion. During the same period in the previous year, the business posted $0.55 EPS. The business’s quarterly revenue was up 7.0% compared to the same quarter last year. On average, analysts expect that Oracle Corporation will post $2.94 earnings per share for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 25th. Shareholders of record on Wednesday, October 11th will be paid a dividend of $0.19 per share. This represents a $0.76 annualized dividend and a yield of 1.58%. The ex-dividend date of this dividend is Tuesday, October 10th. Oracle Corporation’s payout ratio is 33.19%.

In other Oracle Corporation news, Director Jeffrey Berg sold 45,000 shares of Oracle Corporation stock in a transaction that occurred on Thursday, September 21st. The shares were sold at an average price of $48.03, for a total transaction of $2,161,350.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Hector Garcia-Molina sold 3,750 shares of Oracle Corporation stock in a transaction that occurred on Monday, July 17th. The shares were sold at an average price of $50.30, for a total transaction of $188,625.00. Following the sale, the director now owns 18,125 shares of the company’s stock, valued at $911,687.50. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 1,562,500 shares of company stock valued at $78,431,950. Company insiders own 29.00% of the company’s stock.

Oracle Corporation (Oracle) provides products and services that address all aspects of corporate information technology (IT) environments, including application, platform and infrastructure. The Company’s businesses include cloud and on-premise software, hardware and services. Its cloud and on-premise software business consists of three segments, including cloud software and on-premise software, which includes Software as a Service (SaaS) and Platform as a Service (PaaS) offerings, cloud infrastructure as a service (IaaS) and software license updates and product support.

Receive News & Ratings for Oracle Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Oracle Corporation and related companies with MarketBeat.com's FREE daily email newsletter.