Oracle (NYSE:ORCL) Earns Sector Perform Rating from Royal Bank Of Canada

Oracle (NYSE:ORCL)‘s stock had its “sector perform” rating reissued by Royal Bank Of Canada in a research report issued on Thursday,Benzinga reports. They currently have a $190.00 price objective on the enterprise software provider’s stock. Royal Bank Of Canada’s price target would indicate a potential upside of 6.06% from the stock’s previous close.

ORCL has been the topic of several other reports. Citigroup reiterated a “market outperform” rating on shares of Oracle in a report on Thursday. Mizuho set a $320.00 price objective on Oracle in a report on Wednesday, June 3rd. Wedbush set a $240.00 price objective on Oracle and gave the stock an “outperform” rating in a report on Thursday. Deutsche Bank Aktiengesellschaft lowered their price objective on Oracle from $375.00 to $300.00 and set a “buy” rating on the stock in a report on Monday, March 9th. Finally, Sanford C. Bernstein set a $325.00 price objective on Oracle in a report on Thursday. Three analysts have rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating, eight have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $267.68.

Oracle Price Performance

ORCL stock traded down $22.12 during trading on Thursday, hitting $179.14. The stock had a trading volume of 28,974,688 shares, compared to its average volume of 27,128,941. The company has a debt-to-equity ratio of 3.66, a current ratio of 1.35 and a quick ratio of 1.35. Oracle has a twelve month low of $134.57 and a twelve month high of $345.72. The stock has a market capitalization of $515.21 billion, a P/E ratio of 32.09, a PEG ratio of 1.61 and a beta of 1.65. The company’s 50-day moving average price is $183.16 and its two-hundred day moving average price is $177.98.

Oracle (NYSE:ORCL) last posted its quarterly earnings data on Wednesday, June 10th. The enterprise software provider reported $2.11 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.96 by $0.15. Oracle had a return on equity of 62.70% and a net margin of 25.30%.The company had revenue of $19.18 billion for the quarter, compared to analysts’ expectations of $19.10 billion. During the same period in the previous year, the firm posted $1.70 EPS. Oracle’s revenue was up 20.6% compared to the same quarter last year. Oracle has set its Q1 2027 guidance at 1.720-1.760 EPS and its FY 2027 guidance at 8.050-8.050 EPS. As a group, research analysts predict that Oracle will post 6.09 EPS for the current fiscal year.

Insider Activity

In related news, EVP Stuart Levey sold 15,000 shares of the firm’s stock in a transaction dated Thursday, April 16th. The shares were sold at an average price of $176.19, for a total transaction of $2,642,850.00. Following the completion of the sale, the executive vice president directly owned 3,429 shares in the company, valued at approximately $604,155.51. This trade represents a 81.39% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 40.90% of the company’s stock.

Institutional Trading of Oracle

Several hedge funds have recently made changes to their positions in the company. Beacon Bridge Wealth Partners LLC increased its holdings in Oracle by 3.0% in the 3rd quarter. Beacon Bridge Wealth Partners LLC now owns 1,543 shares of the enterprise software provider’s stock valued at $434,000 after purchasing an additional 45 shares during the last quarter. Everest Management Corp. increased its holdings in Oracle by 0.9% in the 3rd quarter. Everest Management Corp. now owns 5,265 shares of the enterprise software provider’s stock valued at $1,481,000 after purchasing an additional 45 shares during the last quarter. Perennial Investment Advisors LLC increased its holdings in Oracle by 0.5% in the 3rd quarter. Perennial Investment Advisors LLC now owns 9,627 shares of the enterprise software provider’s stock valued at $2,708,000 after purchasing an additional 45 shares during the last quarter. Consolidated Portfolio Review Corp increased its holdings in Oracle by 1.0% in the 3rd quarter. Consolidated Portfolio Review Corp now owns 4,988 shares of the enterprise software provider’s stock valued at $1,403,000 after purchasing an additional 50 shares during the last quarter. Finally, Mpwm Advisory Solutions LLC increased its holdings in Oracle by 76.9% in the 3rd quarter. Mpwm Advisory Solutions LLC now owns 115 shares of the enterprise software provider’s stock valued at $32,000 after purchasing an additional 50 shares during the last quarter. Hedge funds and other institutional investors own 42.44% of the company’s stock.

Key Stories Impacting Oracle

Here are the key news stories impacting Oracle this week:

• Positive Sentiment: Oracle posted record Q4 results, beating estimates on both earnings and revenue, while cloud infrastructure revenue surged and backlog/RPO hit a record level. Reuters: Oracle beats fourth-quarter revenue estimates
• Positive Sentiment: Management kept its FY27 revenue outlook strong and raised profit guidance, which suggests Oracle expects continued demand for its cloud and AI services. Oracle PR release
• Positive Sentiment: Several analysts raised price targets after the report, including Cantor Fitzgerald, DA Davidson, Piper Sandler, BMO Capital Markets, and Guggenheim, signaling Wall Street still sees meaningful upside. Benzinga analyst updates
• Positive Sentiment: Oracle also won a $396 million U.S. government HR software contract, adding another long-term enterprise/customer win. Quartz: Oracle wins $396M federal HR software contract

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.