Research Analysts Issue Forecasts for Oracle FY2028 Earnings

Key Points

• Erste Group Bank raised its Oracle FY2028 earnings forecast to $8.94 per share from $8.92, well above the current full-year consensus estimate of $6.49.
• Analyst sentiment remains broadly positive, with Oracle carrying a “Moderate Buy” consensus rating and a $263.97 average price target; recent targets range as high as $284.
• Oracle recently beat quarterly earnings and revenue expectations, reporting $2.11 in EPS and $19.18 billion in revenue, while revenue increased 20.6% year over year. Institutional investors own 42.44% of the company, and Oracle continues to pay a quarterly dividend of $0.50 per share.

Oracle Corporation (NYSE:ORCL - Free Report) - Investment analysts at Erste Group Bank upped their FY2028 earnings estimates for Oracle in a report released on Thursday, August 27th. Erste Group Bank analyst H. Engel now forecasts that the enterprise software provider will post earnings of $8.94 per share for the year, up from their prior forecast of $8.92. The consensus estimate for Oracle's current full-year earnings is $6.49 per share.

Several other equities research analysts have also recently issued reports on ORCL. Weiss Ratings cut Oracle from a "hold (c+)" rating to a "hold (c)" rating in a report on Monday, July 20th. Piper Sandler upped their target price on Oracle from $210.00 to $225.00 and gave the company an "overweight" rating in a research note on Thursday, June 11th. Wolfe Research reiterated an "outperform" rating and set a $225.00 target price on shares of Oracle in a research report on Thursday, June 11th. Cantor Fitzgerald restated an "overweight" rating and issued a $284.00 price target on shares of Oracle in a report on Thursday, June 11th. Finally, Citigroup reaffirmed a "buy" rating on shares of Oracle in a research note on Wednesday. Two research analysts have rated the stock with a Strong Buy rating, twenty-eight have given a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, Oracle has a consensus rating of "Moderate Buy" and a consensus target price of $263.97.

Oracle Trading Up 0.2%

Shares of ORCL opened at $151.11 on Monday. The stock has a fifty day moving average of $140.73 and a two-hundred day moving average of $160.62. The company has a debt-to-equity ratio of 3.21, a quick ratio of 1.12 and a current ratio of 1.12. The company has a market capitalization of $435.27 billion, a PE ratio of 25.92, a price-to-earnings-growth ratio of 0.94 and a beta of 1.72. Oracle has a fifty-two week low of $114.50 and a fifty-two week high of $345.72.

Oracle (NYSE:ORCL - Get Free Report) last posted its quarterly earnings data 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 net margin of 25.37% and a return on equity of 58.62%. The business 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 business posted $1.70 earnings per share. The company's revenue 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.

Hedge Funds Weigh In On Oracle

Several hedge funds and other institutional investors have recently modified their holdings of ORCL. Cornerstone Financial Management LLC lifted its position in Oracle by 65.1% during the second quarter. Cornerstone Financial Management LLC now owns 279 shares of the enterprise software provider's stock valued at $41,000 after buying an additional 110 shares in the last quarter. Corient Private Wealth LP increased its position in shares of Oracle by 7.1% in the second quarter. Corient Private Wealth LP now owns 1,282,773 shares of the enterprise software provider's stock worth $187,991,000 after acquiring an additional 85,347 shares in the last quarter. Formuepleje A S purchased a new position in shares of Oracle in the 2nd quarter valued at $1,358,000. Amundi raised its stake in shares of Oracle by 1.5% in the 2nd quarter. Amundi now owns 9,878,184 shares of the enterprise software provider's stock valued at $1,447,648,000 after acquiring an additional 144,087 shares during the period. Finally, Wellington Grp LLC lifted its holdings in shares of Oracle by 15.1% during the 2nd quarter. Wellington Grp LLC now owns 22,036 shares of the enterprise software provider's stock valued at $3,229,000 after acquiring an additional 2,886 shares in the last quarter. 42.44% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

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 stock was sold at an average price of $159.16, for a total transaction of $63,664,000.00. Following the completion of the sale, the insider owned 400,000 shares of the company's stock, 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 is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 40.90% of the company's stock.

Oracle Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, July 24th. Investors of record on Friday, July 10th were issued a $0.50 dividend. The ex-dividend date was Friday, July 10th. This represents a $2.00 dividend on an annualized basis and a yield of 1.3%. Oracle's dividend payout ratio (DPR) is presently 34.31%.

Oracle News Roundup

Here are the key news stories impacting Oracle this week:

• Positive Sentiment: Citigroup placed Oracle on a 90-day “positive catalyst watch,” arguing that the recent selloff was excessive and that strong AI-cloud demand, a large backlog and upcoming earnings could drive a rebound. The view helped improve sentiment toward the stock. Investors Are Missing Oracle’s AI Boom. Citi Says Buy.
• Positive Sentiment: Wall Street remains broadly bullish, with one report citing a Strong Buy consensus and substantial potential upside. Other analysts and investors highlighted Oracle’s cloud infrastructure scale, AI exposure and improving growth prospects. Most Active Stocks: Oracle Tops List with 71% Upside
• Positive Sentiment: Oracle was named a Leader in Gartner’s 2026 Magic Quadrant for Supply Chain Management Suites, reinforcing the competitiveness of its Fusion Cloud SCM products and enterprise-software portfolio. Oracle Named a Leader in the 2026 Gartner Magic Quadrant
• Neutral Sentiment: Oracle has rallied about 18% over the past month from a deeply depressed level, but commentary questions whether the rebound represents a durable leadership position compared with other cloud stocks. September earnings are viewed as the next major test. Oracle Just Rallied 18% in a Month
• Negative Sentiment: Investors continue to debate whether Oracle can convert its sizable order book into revenue quickly enough. The company’s roughly $55.7 billion data-center buildout, elevated leverage and reported payroll reductions raise questions about funding, execution and future margins. Oracle Capex Funding and Debt

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source