Oracle (NYSE:ORCL) Upgraded at Weiss Ratings

Key Points

• Oracle has been upgraded by Weiss Ratings from a "hold" rating to a "buy" rating, indicating a positive outlook for the company's stock performance moving forward.
• Multiple analysts have raised their price targets for Oracle, with estimates ranging from $135 to $370, reflecting confidence in the company's growth potential and market position.
• Insider trading activity includes significant sales by directors, with one director selling 11,500 shares valued at approximately $3.52 million, suggesting internal perspectives on the stock's performance.

Oracle (NYSE:ORCL - Get Free Report) was upgraded by stock analysts at Weiss Ratings from a "hold (c+)" rating to a "buy (b-)" rating in a research report issued on Wednesday,Weiss Ratings reports.

A number of other analysts have also issued reports on the company. KeyCorp raised their target price on Oracle from $200.00 to $225.00 and gave the company an "overweight" rating in a report on Thursday, June 12th. Loop Capital set a $135.00 target price on Oracle in a report on Tuesday, June 10th. Morgan Stanley raised their price objective on Oracle from $246.00 to $320.00 and gave the stock an "equal weight" rating in a research report on Tuesday, September 23rd. Royal Bank Of Canada raised their price objective on Oracle from $145.00 to $195.00 and gave the stock a "sector perform" rating in a research report on Thursday, June 12th. Finally, Melius Research raised their price objective on Oracle from $270.00 to $370.00 and gave the stock a "buy" rating in a research report on Wednesday, September 10th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-seven have assigned a Buy rating, nine have assigned a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average price target of $306.43.

Oracle Trading Up 0.5%

Shares of Oracle stock opened at $289.43 on Wednesday. The company has a quick ratio of 0.62, a current ratio of 0.62 and a debt-to-equity ratio of 3.33. The firm has a market cap of $825.11 billion, a price-to-earnings ratio of 67.00, a price-to-earnings-growth ratio of 3.06 and a beta of 1.53. The business has a fifty day simple moving average of $264.86 and a 200-day simple moving average of $207.92. Oracle has a fifty-two week low of $118.86 and a fifty-two week high of $345.72.

Oracle (NYSE:ORCL - Get Free Report) last announced its earnings results on Tuesday, September 9th. The enterprise software provider reported $1.47 EPS for the quarter, missing the consensus estimate of $1.48 by ($0.01). Oracle had a net margin of 21.08% and a return on equity of 72.93%. The company had revenue of $14.93 billion for the quarter, compared to analysts' expectations of $15.04 billion. During the same period in the prior year, the company earned $1.39 earnings per share. The company's revenue for the quarter was up 12.2% on a year-over-year basis. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. On average, equities analysts forecast that Oracle will post 5 EPS for the current fiscal year.

Insiders Place Their Bets

In other news, Director William G. Parrett sold 11,500 shares of Oracle stock in a transaction dated Friday, September 12th. The stock was sold at an average price of $306.00, for a total value of $3,519,000.00. Following the completion of the transaction, the director directly owned 17,764 shares of the company's stock, valued at approximately $5,435,784. This trade represents a 39.30% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Naomi O. Seligman sold 3,303 shares of Oracle stock in a transaction dated Wednesday, July 16th. The stock was sold at an average price of $233.32, for a total value of $770,655.96. Following the completion of the transaction, the director directly owned 31,447 shares of the company's stock, valued at approximately $7,337,214.04. This trade represents a 9.51% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 104,314 shares of company stock valued at $31,272,223. Insiders own 40.90% of the company's stock.

Institutional Trading of Oracle

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Norges Bank acquired a new position in Oracle during the 2nd quarter valued at about $4,275,378,000. Nuveen LLC acquired a new position in Oracle during the 1st quarter valued at about $732,692,000. Vanguard Group Inc. boosted its stake in Oracle by 2.2% during the 1st quarter. Vanguard Group Inc. now owns 160,925,413 shares of the enterprise software provider's stock valued at $22,498,982,000 after purchasing an additional 3,513,464 shares during the last quarter. Kingstone Capital Partners Texas LLC acquired a new position in Oracle during the 2nd quarter valued at about $731,512,000. Finally, Invesco Ltd. boosted its stake in Oracle by 42.1% during the 2nd quarter. Invesco Ltd. now owns 8,839,166 shares of the enterprise software provider's stock valued at $1,932,507,000 after purchasing an additional 2,619,722 shares during the last quarter. 42.44% of the stock is owned by institutional investors.

About Oracle

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.

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