Oracle (NYSE:ORCL) Upgraded to "Strong-Buy" at Baird R W

Key Points

• Oracle has been upgraded to a "strong-buy" rating by Baird R W, signaling positive expectations for the company's stock performance.
• The stock currently holds an average rating of "Moderate Buy" with a consensus price target of $306.43 among analysts.
• Despite a recent earnings miss, Oracle's quarterly revenue increased by 12.2% year-over-year, indicating growth potential for the enterprise software provider.

Oracle (NYSE:ORCL - Get Free Report) was upgraded by investment analysts at Baird R W to a "strong-buy" rating in a research report issued on Wednesday,Zacks.com reports.

Several other brokerages also recently commented on ORCL. DA Davidson upped their price target on shares of Oracle from $220.00 to $300.00 and gave the company a "neutral" rating in a report on Wednesday, September 10th. Rothschild Redb upgraded shares of Oracle to a "strong sell" rating in a report on Thursday, September 25th. Rothschild & Co Redburn started coverage on shares of Oracle in a report on Thursday, September 25th. They set a "sell" rating and a $175.00 price target on the stock. Melius Research upped their price target on shares of Oracle from $270.00 to $370.00 and gave the company a "buy" rating in a report on Wednesday, September 10th. Finally, Roth Capital reiterated a "hold" rating on shares of Oracle in a report on Wednesday, June 18th. Three investment analysts have rated the stock with a Strong Buy rating, twenty-seven have given a Buy rating, nine have issued a Hold rating and two have issued a Sell rating to the company. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus price target of $306.43.

Oracle Stock Performance

Oracle stock opened at $296.95 on Wednesday. The company's 50-day moving average price is $265.72 and its 200-day moving average price is $208.90. Oracle has a twelve month low of $118.86 and a twelve month high of $345.72. 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 company has a market cap of $846.54 billion, a PE ratio of 68.74, a price-to-earnings-growth ratio of 3.11 and a beta of 1.53.

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

Insider Activity at Oracle

In other news, insider Michael D. Sicilia sold 33,845 shares of the company's stock in a transaction that occurred on Tuesday, September 23rd. The shares were sold at an average price of $321.16, for a total value of $10,869,660.20. Following the completion of the sale, the insider owned 132,656 shares of the company's stock, valued at approximately $42,603,800.96. This represents a 20.33% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Clayton M. Magouyrk sold 21,241 shares of the company's stock in a transaction that occurred on Friday, September 12th. The stock was sold at an average price of $297.11, for a total transaction of $6,310,913.51. Following the completion of the sale, the insider directly owned 78,000 shares of the company's stock, valued at $23,174,580. The trade was a 21.40% decrease in their position. The disclosure for this sale can be found here. Insiders sold 104,314 shares of company stock valued at $31,272,223 in the last quarter. Corporate insiders own 40.90% of the company's stock.

Institutional Investors Weigh In On Oracle

Several hedge funds have recently modified their holdings of ORCL. Norges Bank purchased a new stake in shares of Oracle in the 2nd quarter worth approximately $4,275,378,000. Nuveen LLC purchased a new stake in shares of Oracle in the 1st quarter worth approximately $732,692,000. Vanguard Group Inc. lifted its position in shares of Oracle by 2.2% in the 1st quarter. Vanguard Group Inc. now owns 160,925,413 shares of the enterprise software provider's stock worth $22,498,982,000 after purchasing an additional 3,513,464 shares during the period. Kingstone Capital Partners Texas LLC purchased a new stake in shares of Oracle in the 2nd quarter worth approximately $731,512,000. Finally, Invesco Ltd. lifted its position in shares of Oracle by 42.1% in the 2nd quarter. Invesco Ltd. now owns 8,839,166 shares of the enterprise software provider's stock worth $1,932,507,000 after purchasing an additional 2,619,722 shares during the period. Hedge funds and other institutional investors own 42.44% of the company's stock.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.