Scotiabank Lowers Oracle (NYSE:ORCL) Price Target to $215.00

Oracle (NYSE:ORCL) had its target price lowered by research analysts at Scotiabank from $241.00 to $215.00 in a research note issued to investors on Wednesday, Benzinga reports. The firm presently has a “sector outperform” rating on the enterprise software provider’s stock. Scotiabank’s price objective would indicate a potential upside of 33.19% from the stock’s current price.

Several other research analysts have also issued reports on the stock. Guggenheim reiterated a “buy” rating and issued a $400.00 target price on shares of Oracle in a research report on Tuesday. Piper Sandler increased their price objective on Oracle from $210.00 to $225.00 and gave the company an “overweight” rating in a research report on Thursday, June 11th. Citizens Jmp restated a “market outperform” rating and issued a $285.00 target price on shares of Oracle in a research report on Wednesday. KeyCorp reiterated an “overweight” rating on shares of Oracle in a research report on Thursday, June 11th. Finally, Oppenheimer reissued an “outperform” rating on shares of Oracle in a research note on Tuesday. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-eight have assigned a Buy rating, nine have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, Oracle has an average rating of “Moderate Buy” and a consensus price target of $261.00.

Oracle Price Performance

NYSE ORCL traded down $1.09 during trading on Wednesday, reaching $161.43. The company’s stock had a trading volume of 26,439,862 shares, compared to its average volume of 28,746,355. The firm has a fifty day moving average of $140.26 and a 200 day moving average of $160.39. Oracle has a one year low of $114.50 and a one year high of $345.72. The stock has a market capitalization of $464.99 billion, a PE ratio of 27.69, a P/E/G ratio of 1.18 and a beta of 1.74. The company has a debt-to-equity ratio of 3.21, a current ratio of 1.12 and a quick ratio of 1.12.

Oracle (NYSE:ORCL) last issued its quarterly earnings results on Wednesday, June 10th. The enterprise software provider reported $2.11 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.96 by $0.15. The firm had revenue of $19.18 billion during the quarter, compared to the consensus estimate of $19.10 billion. Oracle had a return on equity of 58.62% and a net margin of 25.37%.The company’s revenue for the quarter was up 20.6% on a year-over-year basis. During the same quarter last year, the company posted $1.70 EPS. Analysts expect that Oracle will post 6.49 EPS for the current fiscal year.

Insider Activity at Oracle

In related news, Vice Chairman Jeffrey Henley sold 400,000 shares of the company’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 $63,664,000. This represents a 50.00% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 40.90% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Oracle

Hedge funds have recently modified their holdings of the company. Capstone Financial Advisors Inc. boosted its holdings in shares of Oracle by 3.6% during the second quarter. Capstone Financial Advisors Inc. now owns 1,809 shares of the enterprise software provider’s stock worth $265,000 after purchasing an additional 63 shares during the period. Van Hulzen Asset Management LLC lifted its holdings in Oracle by 0.7% in the 2nd quarter. Van Hulzen Asset Management LLC now owns 11,815 shares of the enterprise software provider’s stock worth $1,731,000 after buying an additional 81 shares during the period. MCF Advisors LLC lifted its holdings in Oracle by 3.4% in the 2nd quarter. MCF Advisors LLC now owns 20,411 shares of the enterprise software provider’s stock worth $2,991,000 after buying an additional 677 shares during the period. Archford Capital Strategies LLC grew its position in shares of Oracle by 5.5% in the 2nd quarter. Archford Capital Strategies LLC now owns 4,881 shares of the enterprise software provider’s stock worth $715,000 after buying an additional 255 shares during the last quarter. Finally, Whetstone Capital Advisors LLC purchased a new position in shares of Oracle during the second quarter valued at approximately $6,096,000. Hedge funds and other institutional investors own 42.44% of the company’s stock.

Trending Headlines about Oracle

Here are the key news stories impacting Oracle this week:

• Positive Sentiment: Analysts remain broadly optimistic about Oracle’s cloud and AI opportunity. Citizens JMP reaffirmed a Market Outperform rating with a $285 price target, while Guggenheim has reportedly called Oracle its “best idea” and set a target as high as $400. Oracle earnings expectations
• Positive Sentiment: Oracle’s roughly $638 billion remaining performance obligation and expanding partnerships with OpenAI have strengthened the long-term case for its infrastructure-cloud business. Optimism surrounding OpenAI’s latest AI model is also supporting expectations for future demand. Oracle and OpenAI ecosystem
• Positive Sentiment: Options activity suggests traders expect a significant post-earnings move, with heavy call interest around the $175 strike. The implied move is approximately 11.7%, creating potential upside if Oracle reports strong cloud growth and guidance. Oracle options activity
• Neutral Sentiment: The earnings report is the immediate catalyst. Investors will focus on revenue growth, cloud-infrastructure growth, backlog conversion, fiscal-year guidance and whether large AI contracts are becoming recurring revenue rather than remaining only commitments. Oracle earnings preview
• Negative Sentiment: Investors remain concerned that Oracle must finance its AI-data-center expansion. Heavy capital expenditures, negative free cash flow and high debt could limit the benefit of the backlog, particularly if interest rates remain elevated. Oracle backlog and balance sheet
• Negative Sentiment: Scotiabank reduced its price target to $215 from $241 while retaining an Outperform rating, indicating that some execution risks are already reflected in the valuation. Retail-investor participation has also weakened ahead of results. Oracle price target cut
• Negative Sentiment: EU regulators have raised preliminary questions about Oracle’s cloud-licensing practices, adding a regulatory overhang just before earnings. EU regulatory warning

About Oracle

Oracle Corporation is a global enterprise technology company that develops and provides database software, cloud infrastructure, business applications and related technology services. Its offerings help organizations manage data, run applications, support business operations and build technology environments across on-premises, hybrid and cloud-based settings.

The company’s products include Oracle Database, MySQL, Java, Oracle Cloud Infrastructure and a broad portfolio of cloud applications for enterprise resource planning, financial management, human resources, supply chain management, customer experience and industry-specific operations.