DA Davidson Has Bearish Forecast for Oracle FY2026 Earnings

Oracle Co. (NYSE:ORCL - Free Report) - Equities researchers at DA Davidson cut their FY2026 earnings per share estimates for shares of Oracle in a research note issued to investors on Tuesday, April 15th. DA Davidson analyst G. Luria now expects that the enterprise software provider will post earnings of $5.28 per share for the year, down from their previous estimate of $5.60. DA Davidson has a "Neutral" rating and a $140.00 price objective 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 quarterly earnings data on Monday, March 10th. The enterprise software provider reported $1.47 EPS for the quarter, missing analysts' consensus estimates of $1.49 by ($0.02). Oracle had a return on equity of 133.25% and a net margin of 21.16%. The business had revenue of $14.13 billion for the quarter, compared to analyst estimates of $14.40 billion. During the same quarter in the prior year, the company earned $1.41 earnings per share. The company's quarterly revenue was up 6.4% on a year-over-year basis.

Several other analysts have also issued reports on ORCL. Jefferies Financial Group dropped their price target on shares of Oracle from $220.00 to $190.00 and set a "buy" rating on the stock in a research report on Monday, March 31st. Stephens started coverage on Oracle in a research note on Wednesday, March 19th. They issued an "equal weight" rating and a $167.00 price target on the stock. Piper Sandler reduced their price objective on shares of Oracle from $210.00 to $190.00 and set an "overweight" rating for the company in a research report on Tuesday, March 11th. JMP Securities reissued a "market outperform" rating and issued a $205.00 price objective on shares of Oracle in a research report on Wednesday, January 22nd. Finally, Royal Bank of Canada set a $145.00 target price on shares of Oracle and gave the stock a "sector perform" rating in a report on Tuesday, March 11th. Thirteen equities research analysts have rated the stock with a hold rating, sixteen have issued a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat.com, Oracle presently has a consensus rating of "Moderate Buy" and a consensus target price of $176.73.

Oracle Stock Down 0.9 %

ORCL stock traded down $1.20 during mid-day trading on Wednesday, reaching $128.56. The company had a trading volume of 8,919,409 shares, compared to its average volume of 9,324,546. The company has a market capitalization of $359.58 billion, a price-to-earnings ratio of 31.43, a PEG ratio of 3.46 and a beta of 1.22. Oracle has a 52 week low of $112.78 and a 52 week high of $198.31. The stock has a 50 day simple moving average of $150.85 and a two-hundred day simple moving average of $166.33. The company has a debt-to-equity ratio of 5.65, a current ratio of 0.81 and a quick ratio of 0.81.

Hedge Funds Weigh In On Oracle

A number of institutional investors and hedge funds have recently bought and sold shares of the company. Requisite Capital Management LLC raised its holdings in Oracle by 2.8% in the 4th quarter. Requisite Capital Management LLC now owns 2,240 shares of the enterprise software provider's stock valued at $373,000 after buying an additional 60 shares during the last quarter. Cookson Peirce & Co. Inc. lifted its holdings in shares of Oracle by 4.4% during the fourth quarter. Cookson Peirce & Co. Inc. now owns 1,423 shares of the enterprise software provider's stock worth $237,000 after purchasing an additional 60 shares during the period. McLean Asset Management Corp grew its stake in shares of Oracle by 1.1% in the fourth quarter. McLean Asset Management Corp now owns 5,447 shares of the enterprise software provider's stock worth $908,000 after purchasing an additional 61 shares during the last quarter. Warther Private Wealth LLC increased its holdings in Oracle by 1.8% in the fourth quarter. Warther Private Wealth LLC now owns 3,621 shares of the enterprise software provider's stock valued at $603,000 after purchasing an additional 63 shares during the period. Finally, Howard Bailey Securities LLC lifted its holdings in Oracle by 2.9% during the 4th quarter. Howard Bailey Securities LLC now owns 2,274 shares of the enterprise software provider's stock worth $379,000 after buying an additional 64 shares during the period. Institutional investors and hedge funds own 42.44% of the company's stock.

Insider Buying and Selling at Oracle

In related news, CEO Safra Catz sold 345,174 shares of Oracle stock in a transaction that occurred on Friday, January 24th. The shares were sold at an average price of $185.56, for a total transaction of $64,050,487.44. Following the sale, the chief executive officer now directly owns 1,118,592 shares of the company's stock, valued at approximately $207,565,931.52. The trade was a 23.58 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Leon E. Panetta sold 5,000 shares of the stock in a transaction that occurred on Friday, April 11th. The shares were sold at an average price of $129.77, for a total transaction of $648,850.00. Following the completion of the transaction, the director now directly owns 58,090 shares of the company's stock, valued at approximately $7,538,339.30. The trade was a 7.93 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 2,453,328 shares of company stock worth $454,439,851 over the last 90 days. Insiders own 42.20% of the company's stock.

Oracle Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 23rd. Investors of record on Thursday, April 10th will be paid a $0.50 dividend. The ex-dividend date is Thursday, April 10th. This is a positive change from Oracle's previous quarterly dividend of $0.40. This represents a $2.00 annualized dividend and a yield of 1.56%. Oracle's dividend payout ratio (DPR) is 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.