Oracle (NYSE:ORCL) Stock Price Up 4.7% – Here’s What Happened

Oracle Corporation (NYSE:ORCL)’s share price traded up 4.7% on Tuesday . The stock traded as high as $127.42 and last traded at $127.13. 27,428,451 shares were traded during mid-day trading, a decline of 6% from the average session volume of 29,120,959 shares. The stock had previously closed at $121.38.

Key Stories Impacting Oracle

Here are the key news stories impacting Oracle this week:

• Positive Sentiment: Analysts remain constructive, with some reiterating Buy ratings and arguing that Oracle’s valuation now reflects too much pessimism after the recent decline.
• Positive Sentiment: Oracle’s large AI/cloud backlog continues to support the view that long-term revenue growth could offset near-term spending pressure.
• Neutral Sentiment: Several articles highlighted that Oracle shares may be technically oversold, which could set up a bounce if selling pressure eases.
• Negative Sentiment: Concerns over a possible $7 billion collateral or guarantee requirement for the Wisconsin data center have intensified funding-risk worries.
• Negative Sentiment: Rising leverage, higher data-center costs, and a recent credit downgrade are making investors more cautious about Oracle’s AI spending strategy.

Analyst Ratings Changes

Several equities research analysts recently issued reports on the company. Morgan Stanley reissued a “mixed” rating on shares of Oracle in a research note on Thursday, June 11th. Cantor Fitzgerald restated an “overweight” rating and issued a $284.00 target price on shares of Oracle in a research note on Thursday, June 11th. Piper Sandler raised their price target on Oracle from $210.00 to $225.00 and gave the company an “overweight” rating in a report on Thursday, June 11th. Citigroup reiterated a “market outperform” rating on shares of Oracle in a research report on Thursday, June 11th. Finally, UBS Group boosted their price objective on Oracle from $250.00 to $285.00 and gave the stock a “buy” rating in a report on Tuesday, June 2nd. Two analysts have rated the stock with a Strong Buy rating, twenty-eight have given a Buy rating, eight have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $265.03.

Oracle Trading Down 0.9%

The firm’s 50-day simple moving average is $173.38 and its 200-day simple moving average is $167.78. The firm has a market capitalization of $362.54 billion, a PE ratio of 21.59, a price-to-earnings-growth ratio of 0.80 and a beta of 1.72. The company has a quick ratio of 1.12, a current ratio of 1.12 and a debt-to-equity ratio of 3.21.

Oracle (NYSE:ORCL) last released its earnings results on Wednesday, June 10th. The enterprise software provider reported $2.11 earnings per share for the quarter, beating analysts’ consensus estimates of $1.96 by $0.15. Oracle had a return on equity of 58.62% and a net margin of 25.37%.The company had revenue of $19.18 billion during the quarter, compared to analyst estimates of $19.10 billion. During the same quarter in the previous year, the company posted $1.70 EPS. Oracle’s revenue for the quarter was up 20.6% on a year-over-year basis. Oracle has set its Q1 2027 guidance at 1.720-1.760 EPS and its FY 2027 guidance at 8.050-8.050 EPS. Equities analysts expect that Oracle Corporation will post 6.47 earnings per share for the current year.

Oracle Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, July 24th. Investors of record on Friday, July 10th will be issued a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a yield of 1.6%. The ex-dividend date is Friday, July 10th. Oracle’s dividend payout ratio is currently 34.31%.

Insider Transactions at Oracle

In other Oracle news, Vice Chairman Jeffrey Henley sold 400,000 shares of the business’s stock in a transaction dated Wednesday, June 24th. The shares were sold at an average price of $159.16, for a total value of $63,664,000.00. Following the transaction, the insider owned 400,000 shares in the company, valued at approximately $63,664,000. The trade was a 50.00% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 40.90% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Oracle

A number of hedge funds and other institutional investors have recently made changes to their positions in ORCL. HFM Investment Advisors LLC increased its position in shares of Oracle by 290.9% during the fourth quarter. HFM Investment Advisors LLC now owns 129 shares of the enterprise software provider’s stock valued at $25,000 after buying an additional 96 shares during the period. Basepoint Wealth LLC bought a new position in Oracle in the fourth quarter worth $26,000. FSA Wealth Management LLC purchased a new stake in shares of Oracle in the 3rd quarter worth about $28,000. Osbon Capital Management LLC purchased a new position in Oracle during the 4th quarter valued at about $28,000. Finally, Joseph Group Capital Management purchased a new position in shares of Oracle during the fourth quarter valued at approximately $29,000. Institutional investors own 42.44% of the company’s stock.

Oracle Company Profile

Oracle Corporation is a multinational technology company that develops and sells database software, cloud engineered systems, enterprise software applications and related services. The company is widely known for its flagship Oracle Database and a portfolio of enterprise-grade software products that support data management, application development, analytics and middleware. Over recent years Oracle has expanded its focus to include cloud infrastructure and cloud applications, positioning itself as a provider of both platform and software-as-a-service solutions for large organizations.

Oracle’s product and service offerings include Oracle Database and the Autonomous Database, Oracle Cloud Infrastructure (OCI), enterprise resource planning (ERP), human capital management (HCM) and supply chain management (SCM) cloud applications (often grouped under Oracle Fusion Cloud Applications), middleware such as WebLogic, and developer technologies including Java and MySQL.