Oracle (NYSE:ORCL) Stock Price Up 1.8% – Still a Buy?

Oracle Corporation (NYSE:ORCL)’s stock price rose 1.8% on Friday . The company traded as high as $128.44 and last traded at $126.48. 39,691,737 shares were traded during trading, an increase of 36% from the average daily volume of 29,101,211 shares. The stock had previously closed at $124.21.

Trending Headlines about Oracle

Here are the key news stories impacting Oracle this week:

• Positive Sentiment: Some analysts remain bullish, arguing Oracle’s huge cloud backlog could eventually translate into much stronger revenue and that the stock may be oversold after its steep decline. Oracle Stock Crash Erases $213 Billion from Billionaire Founder Larry Ellison’s Net Worth
• Positive Sentiment: Oracle’s database and multicloud AI businesses continue to show strong growth momentum, suggesting the long-term AI demand story is still intact. Can Oracle’s Database Business Sustain Long-Term Margins?
• Neutral Sentiment: Commentary from Jim Cramer and other market writers added to the volatility, with some calling Oracle a cautionary tale while others argued the selloff may be overdone. Jim Cramer Says Oracle Is “Going Down” and Avoid Every Liquor Stock. Here’s What He’d Buy Instead
• Negative Sentiment: New Mexico blocked the pipeline for Oracle’s 2.5 GW data-center project, increasing the chance of delays and adding uncertainty to its AI infrastructure expansion. New Mexico Blocks Pipeline for Oracle’s (ORCL) 2.5 GW Data Center Project
• Negative Sentiment: Investors are worried Oracle’s AI spending spree is being financed with too much debt, pushing the company’s credit profile close to junk territory. Oracle’s (ORCL) AI Spending Spree Pushes Its Credit Rating Near Junk
• Negative Sentiment: Oracle’s stock has also been hit by broader articles emphasizing that the company is falling fast as markets question whether the AI growth story can justify the spending and financing risks. Oracle Stock Slides To 52-Week Low Amid AI Spending Fears

Wall Street Analysts Forecast Growth

ORCL has been the topic of several analyst reports. Guggenheim reiterated a “buy” rating and issued a $400.00 target price on shares of Oracle in a research note on Thursday, June 11th. Cantor Fitzgerald reissued an “overweight” rating and set a $284.00 price target on shares of Oracle in a research report on Thursday, June 11th. BMO Capital Markets boosted their price objective on shares of Oracle from $200.00 to $220.00 and gave the stock an “outperform” rating in a report on Thursday, June 11th. Stephens reaffirmed an “equal weight” rating and issued a $164.00 price objective on shares of Oracle in a research report on Thursday, June 11th. Finally, KeyCorp reiterated an “overweight” rating on shares of Oracle in a research note on Thursday, June 11th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-eight have assigned a Buy rating, seven have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $268.27.

Oracle Stock Performance

The business’s fifty day moving average price is $177.30 and its 200-day moving average price is $169.46. The company has a debt-to-equity ratio of 3.21, a quick ratio of 1.12 and a current ratio of 1.12. The stock has a market cap of $364.32 billion, a PE ratio of 21.69, a P/E/G ratio of 0.79 and a beta of 1.72.

Oracle (NYSE:ORCL) last announced its quarterly earnings results on Wednesday, June 10th. The enterprise software provider reported $2.11 EPS for the quarter, topping analysts’ consensus estimates of $1.96 by $0.15. Oracle had a net margin of 25.37% and a return on equity of 58.62%. The firm had revenue of $19.18 billion during the quarter, compared to analyst estimates of $19.10 billion. During the same period in the previous year, the business posted $1.70 earnings per share. The business’s revenue for the quarter was up 20.6% on a year-over-year basis. Oracle has set its Q1 2027 guidance at 1.720-1.760 EPS and its FY 2027 guidance at 8.050-8.050 EPS. As a group, equities research analysts forecast that Oracle Corporation will post 6.47 EPS for the current fiscal year.

Oracle Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, July 24th. Shareholders of record on Friday, July 10th will be given a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a yield of 1.6%. The ex-dividend date of this dividend is Friday, July 10th. Oracle’s payout ratio is 34.31%.

Insiders Place Their Bets

In other Oracle news, Vice Chairman Jeffrey Henley sold 400,000 shares of the business’s stock in a transaction on Wednesday, June 24th. The shares were sold at an average price of $159.16, for a total transaction of $63,664,000.00. Following the completion of the sale, the insider directly owned 400,000 shares in the company, valued at approximately $63,664,000. The trade was a 50.00% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 40.90% of the company’s stock.

Institutional Trading of Oracle

Several large investors have recently modified their holdings of the company. Trust Asset Management LLC increased its position in Oracle by 3.7% during the second quarter. Trust Asset Management LLC now owns 18,516 shares of the enterprise software provider’s stock valued at $2,714,000 after acquiring an additional 667 shares during the last quarter. Whitener Capital Management Inc. lifted its holdings in Oracle by 2.4% in the second quarter. Whitener Capital Management Inc. now owns 5,149 shares of the enterprise software provider’s stock valued at $755,000 after acquiring an additional 119 shares during the period. JFS Wealth Advisors LLC boosted its position in Oracle by 5.6% in the second quarter. JFS Wealth Advisors LLC now owns 2,393 shares of the enterprise software provider’s stock worth $351,000 after purchasing an additional 126 shares during the last quarter. Tema ETFs LLC boosted its position in Oracle by 10.7% in the second quarter. Tema ETFs LLC now owns 34,424 shares of the enterprise software provider’s stock worth $5,045,000 after purchasing an additional 3,335 shares during the last quarter. Finally, West Branch Capital LLC grew its stake in shares of Oracle by 0.8% during the 2nd quarter. West Branch Capital LLC now owns 43,013 shares of the enterprise software provider’s stock valued at $6,304,000 after purchasing an additional 360 shares during the period. Institutional investors own 42.44% of the company’s stock.

About Oracle

Oracle Corporation is a multinational technology company that develops and sells database software, cloud engineered systems, enterprise software applications and related services. The company is widely known for its flagship Oracle Database and a portfolio of enterprise-grade software products that support data management, application development, analytics and middleware. Over recent years Oracle has expanded its focus to include cloud infrastructure and cloud applications, positioning itself as a provider of both platform and software-as-a-service solutions for large organizations.

Oracle’s product and service offerings include Oracle Database and the Autonomous Database, Oracle Cloud Infrastructure (OCI), enterprise resource planning (ERP), human capital management (HCM) and supply chain management (SCM) cloud applications (often grouped under Oracle Fusion Cloud Applications), middleware such as WebLogic, and developer technologies including Java and MySQL.