Analysts Issue Forecasts for Oracle FY2026 Earnings

Oracle Co. (NYSE:ORCL - Free Report) - Equities researchers at Cantor Fitzgerald issued their FY2026 earnings estimates for shares of Oracle in a research report issued on Monday, June 9th. Cantor Fitzgerald analyst T. Blakey expects that the enterprise software provider will earn $5.37 per share for the year. Cantor Fitzgerald has a "Overweight" rating and a $175.00 price target on the stock. The consensus estimate for Oracle's current full-year earnings is $5.00 per share.

Oracle (NYSE:ORCL - Get Free Report) last posted its earnings results on Wednesday, June 11th. The enterprise software provider reported $1.70 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.64 by $0.06. The business had revenue of $15.90 billion during the quarter, compared to analyst estimates of $15.58 billion. Oracle had a return on equity of 133.25% and a net margin of 21.16%. The company's revenue for the quarter was up 11.3% compared to the same quarter last year. During the same quarter last year, the firm earned $1.63 earnings per share.

A number of other brokerages have also issued reports on ORCL. BMO Capital Markets raised Oracle from a "market perform" rating to an "outperform" rating and lifted their target price for the stock from $200.00 to $235.00 in a research report on Friday. Mizuho dropped their price objective on Oracle from $210.00 to $180.00 and set an "outperform" rating on the stock in a report on Tuesday, April 15th. The Goldman Sachs Group increased their target price on Oracle from $145.00 to $195.00 and gave the company a "neutral" rating in a research note on Friday. UBS Group raised their price target on shares of Oracle from $200.00 to $225.00 and gave the stock a "buy" rating in a research report on Thursday. Finally, Piper Sandler reaffirmed a "neutral" rating and issued a $130.00 price target on shares of Oracle in a report on Wednesday. Twelve equities research analysts have rated the stock with a hold rating, nineteen have given a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, Oracle has a consensus rating of "Moderate Buy" and an average price target of $194.32.

Oracle Stock Up 7.8%

ORCL traded up $15.68 during trading hours on Tuesday, reaching $215.54. 53,639,099 shares of the stock traded hands, compared to its average volume of 9,727,755. Oracle has a fifty-two week low of $118.86 and a fifty-two week high of $216.46. The company has a market cap of $602.86 billion, a price-to-earnings ratio of 52.70, a PEG ratio of 3.46 and a beta of 1.32. The company has a debt-to-equity ratio of 5.65, a current ratio of 0.81 and a quick ratio of 0.81. The firm's fifty day simple moving average is $152.88 and its two-hundred day simple moving average is $160.62.

Hedge Funds Weigh In On Oracle

Hedge funds have recently modified their holdings of the company. Norges Bank bought a new stake in Oracle in the fourth quarter worth about $2,216,314,000. Raymond James Financial Inc. bought a new stake in shares of Oracle in the 4th quarter worth approximately $930,095,000. Nuveen LLC acquired a new stake in Oracle during the first quarter valued at approximately $732,692,000. GAMMA Investing LLC boosted its holdings in Oracle by 15,012.3% during the first quarter. GAMMA Investing LLC now owns 4,755,096 shares of the enterprise software provider's stock worth $664,810,000 after buying an additional 4,723,631 shares in the last quarter. Finally, Vanguard Group Inc. increased its holdings in shares of Oracle by 2.2% in the first quarter. Vanguard Group Inc. now owns 160,925,413 shares of the enterprise software provider's stock valued at $22,498,982,000 after buying an additional 3,513,464 shares in the last quarter. 42.44% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Oracle news, Vice Chairman Jeffrey Henley sold 400,000 shares of Oracle stock in a transaction on Thursday, June 12th. The stock was sold at an average price of $190.42, for a total transaction of $76,168,000.00. Following the sale, the insider now owns 1,097,576 shares of the company's stock, valued at $209,000,421.92. The trade was a 26.71% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Leon E. Panetta sold 17,500 shares of the stock in a transaction dated Friday, May 2nd. The shares were sold at an average price of $151.24, for a total transaction of $2,646,700.00. Following the completion of the transaction, the director now owns 58,090 shares of the company's stock, valued at $8,785,531.60. This represents a 23.15% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 427,366 shares of company stock valued at $80,183,723 in the last quarter. Company insiders own 42.20% of the company's stock.

Oracle Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, July 24th. Investors of record on Thursday, July 10th will be issued a $0.50 dividend. The ex-dividend date of this dividend is Thursday, July 10th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 0.93%. Oracle's dividend payout ratio (DPR) is presently 46.95%.

Oracle Company Profile

Oracle Corporation offers 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 Cerner healthcare, Oracle Advertising, and NetSuite applications suite, as well as Oracle Fusion Sales, Service, and Marketing.