Stephens Upgrades Oracle (NYSE:ORCL) to “Overweight”

Oracle (NYSE:ORCL) was upgraded by research analysts at Stephens from an “equal weight” rating to an “overweight” rating in a research note issued to investors on Monday, Briefing.com reports. The firm presently has a $213.00 target price on the enterprise software provider’s stock. Stephens‘s price objective would indicate a potential upside of 63.22% from the stock’s current price.

Several other analysts have also recently commented on ORCL. Wells Fargo & Company decreased their price objective on shares of Oracle from $280.00 to $250.00 and set an “overweight” rating for the company in a research note on Monday, October 26th. Guggenheim reissued a “buy” rating on shares of Oracle in a report on Thursday. BMO Capital Markets decreased their target price on shares of Oracle from $220.00 to $195.00 and set an “outperform” rating for the company in a research report on Friday, September 11th. President Capital lowered their price target on shares of Oracle from $360.00 to $300.00 and set an “overweight” rating on the stock in a report on Tuesday, July 14th. Finally, Yorkville Ives assumed coverage on Oracle in a research report on Wednesday, October 7th. They set an “in-line” rating and a $155.00 price target on the stock. One investment analyst has rated the stock with a Strong Buy rating, thirty-seven have assigned a Buy rating, seven have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $249.27.

Oracle Stock Down 0.1%

Shares of ORCL stock opened at $130.50 on Monday. Oracle has a fifty-two week low of $114.50 and a fifty-two week high of $265.81. The firm has a market capitalization of $394.60 billion, a PE ratio of 20.45, a P/E/G ratio of 0.91 and a beta of 1.79. The company has a debt-to-equity ratio of 1.89, a quick ratio of 1.17 and a current ratio of 1.17. The stock’s 50-day simple moving average is $141.81 and its 200-day simple moving average is $157.19.

Oracle (NYSE:ORCL) last released its earnings results on Thursday, September 10th. The enterprise software provider reported $1.92 EPS for the quarter, topping analysts’ consensus estimates of $1.74 by $0.18. The firm had revenue of $19.34 billion during the quarter, compared to the consensus estimate of $19.13 billion. Oracle had a return on equity of 48.85% and a net margin of 26.36%. The company’s revenue was up 29.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.47 earnings per share. Oracle has set its Q2 2027 guidance at 1.850-1.930 EPS and its FY 2027 guidance at 8.100-8.100 EPS. Equities analysts expect that Oracle will post 6.72 earnings per share for the current year.

Insiders Place Their Bets

In other news, Director Stephen Rusckowski bought 25,000 shares of Oracle stock in a transaction on Tuesday, September 29th. The stock was acquired at an average price of $139.35 per share, with a total value of $3,483,750.00. Following the completion of the acquisition, the director directly owned 25,390 shares of the company’s stock, valued at $3,538,096.50. The trade was a 6,410.26% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, EVP Maria Smith sold 2,631 shares of the stock in a transaction dated Tuesday, September 22nd. The shares were sold at an average price of $151.70, for a total transaction of $399,122.70. Following the completion of the sale, the executive vice president owned 64,357 shares of the company’s stock, valued at $9,762,956.90. This trade represents a 3.93% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 36,075 shares of company stock worth $5,342,123. Corporate insiders own 38.40% of the company’s stock.

Institutional Investors Weigh In On Oracle

A number of institutional investors have recently made changes to their positions in ORCL. Pilgrim Partners Asia Pte Ltd acquired a new stake in shares of Oracle during the third quarter worth about $25,000. Foresight Capital Management Advisors Inc. purchased a new stake in Oracle during the 3rd quarter worth approximately $26,000. Persistent Asset Partners Ltd purchased a new stake in Oracle during the 2nd quarter worth approximately $29,000. North Point Portfolio Managers Corp OH acquired a new stake in Oracle during the 3rd quarter worth approximately $27,000. Finally, Markowski Investments acquired a new stake in Oracle during the 2nd quarter worth approximately $32,000. 42.44% of the stock is currently owned by institutional investors and hedge funds.

About Oracle

Oracle Corporation (NYSE: ORCL) is a global technology company that develops enterprise software, cloud infrastructure and database technologies. Its products help organizations store, manage, analyze and secure data, while supporting business operations across industries and geographies.

The company’s offerings include Oracle Database, Java, Oracle Cloud Infrastructure and a broad portfolio of cloud-based applications. These applications serve functions such as enterprise resource planning, financial management, human resources, supply-chain management, customer experience and industry-specific operations.