Oracle (NYSE:ORCL) Shares Up 8.9% – Still a Buy?

Oracle Corporation (NYSE:ORCL)’s stock price traded up 8.9% on Wednesday. The stock traded as high as $130.77 and last traded at $128.4580. 38,022,799 shares traded hands during trading, an increase of 24% from the average session volume of 30,709,543 shares. The stock had previously closed at $117.98.

Key Oracle News

Here’s some of the latest news about ORCL:

• Positive Sentiment: CoreWeave beat quarterly expectations, raised its guidance and said it would rely less on unsecured borrowing and more on funding sources such as customer prepayments. That helped calm worries about debt across AI infrastructure providers, including Oracle. Why Oracle Stock Is Up Today
• Positive Sentiment: Oracle CFO Hilary Maxson pointed to strong cloud demand and plans to add 7 gigawatts of data-center capacity. She also projected positive free cash flow in the second half of fiscal 2028 and more than $30 billion in fiscal 2029, supporting the case that heavy investment can eventually translate into cash generation. Oracle CFO: Cloud Demand Strong As Company Touts Growth Targets
• Positive Sentiment: Bernstein’s $325 price target reflects the view that Oracle’s selloff has gone too far and that investor concerns could ease. Separately, Oracle said its Opower programs helped utilities achieve a record 1 gigawatt of peak-demand reduction, highlighting another use for its software and AI capabilities. Bernstein’s $325 Target Says Oracle’s Selloff Went Too Far Utilities Achieve Record Peak Energy AI-Powered Demand Reduction with Oracle

Wall Street Analysts Forecast Growth

Several equities research analysts have recently commented on the company. DZ Bank reissued a “buy” rating on shares of Oracle in a report on Thursday, September 17th. Cantor Fitzgerald restated an “overweight” rating and set a $284.00 target price on shares of Oracle in a report on Thursday, October 22nd. Jefferies Financial Group reaffirmed a “buy” rating and set a $290.00 price target (down from $320.00) on shares of Oracle in a research report on Thursday, September 10th. President Capital cut their price target on shares of Oracle from $360.00 to $300.00 and set an “overweight” rating for the company in a research note on Tuesday, July 14th. Finally, JPMorgan Chase & Co. reiterated a “buy” rating on shares of Oracle in a research note on Thursday, September 10th. One equities research analyst has rated the stock with a Strong Buy rating, thirty-seven have assigned a Buy rating, five have assigned a Hold rating and three have given a Sell rating to the company’s stock. According to MarketBeat.com, Oracle has a consensus rating of “Moderate Buy” and an average price target of $249.27.

Oracle Price Performance

The company has a current ratio of 1.17, a quick ratio of 1.17 and a debt-to-equity ratio of 1.89. The company has a 50 day moving average price of $137.85 and a 200 day moving average price of $154.83. The company has a market capitalization of $388.42 billion, a P/E ratio of 20.13, a P/E/G ratio of 0.84 and a beta of 1.79.

Oracle (NYSE:ORCL) last posted its quarterly earnings results on Thursday, September 10th. The enterprise software provider reported $1.92 earnings per share for the quarter, beating analysts’ consensus estimates of $1.74 by $0.18. Oracle had a return on equity of 48.85% and a net margin of 26.36%. The business had revenue of $19.34 billion for the quarter, compared to analysts’ expectations of $19.13 billion. During the same quarter in the prior year, the business earned $1.47 EPS. The firm’s revenue for the quarter was up 29.6% on a year-over-year basis. Oracle has set its Q2 2027 guidance at 1.850-1.930 EPS and its FY 2027 guidance at 8.100-8.100 EPS. On average, equities analysts predict that Oracle Corporation will post 6.71 EPS for the current fiscal year.

Oracle Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, October 23rd. Shareholders of record on Friday, October 9th were issued a $0.50 dividend. This represents a $2.00 annualized dividend and a dividend yield of 1.6%. The ex-dividend date was Friday, October 9th. Oracle’s payout ratio is currently 31.35%.

Insider Activity

In other news, Director Stephen H. Rusckowski purchased 25,000 shares of the business’s stock in a transaction dated Tuesday, September 29th. The stock was bought at an average price of $139.35 per share, with a total value of $3,483,750.00. Following the acquisition, the director owned 25,390 shares in the company, valued at approximately $3,538,096.50. The trade was a 6,410.26% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, EVP Maria Smith sold 2,631 shares of the stock in a transaction that occurred on Tuesday, September 22nd. The stock was sold at an average price of $151.70, for a total transaction of $399,122.70. Following the sale, the executive vice president owned 64,357 shares in the company, valued at $9,762,956.90. This represents a 3.93% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 36,075 shares of company stock valued at $5,342,123 over the last ninety days. 38.40% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Oracle

Several institutional investors and hedge funds have recently added to or reduced their stakes in ORCL. Pilgrim Partners Asia Pte Ltd bought a new position in shares of Oracle in the 3rd quarter valued at $25,000. Foresight Capital Management Advisors Inc. acquired a new position in shares of Oracle during the 3rd quarter worth $26,000. Persistent Asset Partners Ltd bought a new stake in shares of Oracle during the 2nd quarter worth $29,000. North Point Portfolio Managers Corp OH bought a new stake in shares of Oracle during the 3rd quarter worth $27,000. Finally, Markowski Investments acquired a new stake in Oracle in the second quarter valued at about $32,000. 42.44% of the stock is currently owned by institutional investors.

Oracle Company Profile

Oracle Corporation is a technology company that develops and provides database software, cloud services, and enterprise applications. Its products help organizations manage data, run business operations, and build and deploy applications. Oracle’s offerings include Oracle Database, Oracle Cloud Infrastructure, and cloud-based applications for functions such as finance, human resources, supply chain management, and customer experience. The company also provides software support, consulting, and related services.