Oracle (NYSE:ORCL) Receives "Overweight" Rating from Piper Sandler

Key Points

• Oracle has been upgraded to a "strong-buy" rating by Piper Sandler, indicating increased confidence in the stock's performance from analysts.
• The current average rating for Oracle shares is a "Moderate Buy," with a consensus price target of $323.40.
• Despite recently missing earnings estimates, Oracle reported a 12.2% increase in revenue year-over-year, showcasing business growth potential.

Oracle (NYSE:ORCL - Get Free Report)'s stock had its "overweight" rating reissued by equities researchers at Piper Sandler in a research report issued on Friday, MarketBeat.com reports.

Other analysts have also issued reports about the stock. JMP Securities restated a "market outperform" rating and set a $342.00 price target on shares of Oracle in a research report on Friday. Stephens upped their price target on shares of Oracle from $208.00 to $331.00 and gave the company an "equal weight" rating in a research report on Friday. Barclays increased their target price on shares of Oracle from $367.00 to $400.00 and gave the stock an "overweight" rating in a report on Friday. BNP Paribas set a $377.00 target price on shares of Oracle in a report on Wednesday, September 10th. Finally, Scotiabank increased their target price on shares of Oracle from $350.00 to $360.00 and gave the stock an "outperform" rating in a report on Friday. Four investment analysts have rated the stock with a Strong Buy rating, twenty-six have given a Buy rating, nine have issued a Hold rating and two have assigned a Sell rating to the company's stock. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $323.40.

Oracle Stock Down 6.7%

ORCL opened at $291.95 on Friday. The business's fifty day simple moving average is $271.71 and its 200 day simple moving average is $215.37. The company has a quick ratio of 0.62, a current ratio of 0.62 and a debt-to-equity ratio of 3.33. Oracle has a 52 week low of $118.86 and a 52 week high of $345.72. The stock has a market cap of $832.28 billion, a PE ratio of 67.58, a P/E/G ratio of 3.37 and a beta of 1.53.

Oracle (NYSE:ORCL - Get Free Report) last posted its quarterly earnings results on Tuesday, September 9th. The enterprise software provider reported $1.47 earnings per share (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 business had revenue of $14.93 billion for the quarter, compared to analysts' expectations of $15.04 billion. During the same quarter in the previous year, the company earned $1.39 earnings per share. The business's quarterly revenue was up 12.2% on a year-over-year basis. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. As a group, research analysts expect that Oracle will post 5 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, insider Michael D. Sicilia sold 33,845 shares of the stock in a transaction dated 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 transaction, the insider directly owned 132,656 shares of the company's stock, valued at $42,603,800.96. This represents a 20.33% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director Naomi O. Seligman sold 2,222 shares of the stock in a transaction dated Friday, September 26th. The stock was sold at an average price of $288.91, for a total transaction of $641,958.02. Following the completion of the transaction, the director directly owned 29,225 shares of the company's stock, valued at approximately $8,443,394.75. The trade was a 7.07% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 120,769 shares of company stock valued at $36,428,967 over the last quarter. 40.90% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Oracle

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Brighton Jones LLC increased its position in shares of Oracle by 189.3% during the fourth quarter. Brighton Jones LLC now owns 153,580 shares of the enterprise software provider's stock valued at $25,593,000 after acquiring an additional 100,494 shares in the last quarter. Revolve Wealth Partners LLC increased its position in shares of Oracle by 8.1% during the fourth quarter. Revolve Wealth Partners LLC now owns 5,418 shares of the enterprise software provider's stock valued at $903,000 after acquiring an additional 404 shares in the last quarter. GAMMA Investing LLC increased its position in shares of Oracle by 8.1% during the first quarter. GAMMA Investing LLC now owns 34,011 shares of the enterprise software provider's stock valued at $4,755,000 after acquiring an additional 2,546 shares in the last quarter. Segment Wealth Management LLC increased its position in shares of Oracle by 14.9% during the first quarter. Segment Wealth Management LLC now owns 2,775 shares of the enterprise software provider's stock valued at $388,000 after acquiring an additional 360 shares in the last quarter. Finally, Advisor Resource Council bought a new stake in shares of Oracle during the first quarter valued at approximately $328,000. Institutional investors own 42.44% of the company's stock.

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.