Oracle's (ORCL) Sector Perform Rating Reiterated at Royal Bank Of Canada

Key Points

• Royal Bank of Canada has reiterated its "sector perform" rating for Oracle (ORCL) and set a price target of $310.00, indicating a potential upside of 5.32% from current levels.
• Oracle's stock is experiencing mixed analyst ratings, with a consensus of "Moderate Buy" and an average price target of $323.11, while Guggenheim and Piper Sandler have recently raised their targets to $400.00 and $380.00, respectively.
• The company reported earnings that fell slightly short of estimates with an EPS of $1.47 against a consensus of $1.48, while revenue was $14.93 billion, below expectations of $15.04 billion.

Oracle (NYSE:ORCL - Get Free Report)'s stock had its "sector perform" rating reaffirmed by stock analysts at Royal Bank Of Canada in a note issued to investors on Friday,Benzinga reports. They presently have a $310.00 price objective on the enterprise software provider's stock. Royal Bank Of Canada's target price indicates a potential upside of 5.32% from the stock's current price.

ORCL has been the topic of several other research reports. Guggenheim boosted their price target on shares of Oracle from $375.00 to $400.00 and gave the company a "buy" rating in a research report on Friday. Piper Sandler boosted their price objective on shares of Oracle from $330.00 to $380.00 and gave the company an "overweight" rating in a report on Friday. Redburn Partners set a $175.00 price target on shares of Oracle in a research note on Thursday, September 25th. Citigroup reiterated a "buy" rating on shares of Oracle in a research note on Friday, October 10th. Finally, Wolfe Research boosted their price target on shares of Oracle from $300.00 to $400.00 and gave the stock an "outperform" rating in a research note on Wednesday, September 10th. Three analysts have rated the stock with a Strong Buy rating, twenty-seven have given a Buy rating, nine have given a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average price target of $323.11.

Oracle Price Performance

Shares of NYSE ORCL traded down $18.66 during mid-day trading on Friday, reaching $294.34. The company's stock had a trading volume of 6,445,809 shares, compared to its average volume of 15,062,596. The stock has a 50-day moving average of $270.87 and a two-hundred day moving average of $214.33. The stock has a market capitalization of $839.11 billion, a P/E ratio of 68.22, a P/E/G ratio of 3.26 and a beta of 1.53. The company has a debt-to-equity ratio of 3.33, a quick ratio of 0.62 and a current ratio of 0.62. Oracle has a 1-year low of $118.86 and a 1-year high of $345.72.

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

Insider Transactions at Oracle

In related news, Director Naomi O. Seligman sold 2,222 shares of the company's stock in a transaction that occurred on Friday, September 26th. The stock was sold at an average price of $288.91, for a total value of $641,958.02. Following the completion of the transaction, the director directly owned 29,225 shares of the company's stock, valued at $8,443,394.75. This represents a 7.07% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, EVP Stuart Levey sold 19,758 shares of the company's stock in a transaction that occurred on Friday, October 10th. The shares were sold at an average price of $300.00, for a total value of $5,927,400.00. Following the completion of the transaction, the executive vice president directly owned 18,429 shares of the company's stock, valued at $5,528,700. This trade represents a 51.74% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 120,769 shares of company stock valued at $36,428,967 over the last three months. 40.90% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Oracle

Several large investors have recently modified their holdings of ORCL. Redmont Wealth Advisors LLC purchased a new stake in shares of Oracle during the first quarter worth approximately $27,000. Inlight Wealth Management LLC purchased a new stake in shares of Oracle during the first quarter worth approximately $28,000. Winnow Wealth LLC purchased a new stake in shares of Oracle during the second quarter worth approximately $28,000. Iron Horse Wealth Management LLC raised its stake in shares of Oracle by 284.9% during the first quarter. Iron Horse Wealth Management LLC now owns 204 shares of the enterprise software provider's stock worth $29,000 after purchasing an additional 151 shares during the last quarter. Finally, Kilter Group LLC purchased a new stake in shares of Oracle during the second quarter worth approximately $30,000. 42.44% of the stock is owned by institutional investors and hedge funds.

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.

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.