ORCL News

Oracle Corporation made a $28 billion bet on Cerner Corporation to revolutionize healthcare. However, the electronic health records system has been linked to patient deaths, leading to a massive liability for Oracle.

Oracle Corporation (NYSE: ORCL) shares are trading lower by 4.74% to $72.44 during Wednesday's trading session after Berenberg initiated coverage on the stock with a Hold rating and $72 price target.

What started out as a good day to report earnings has turned into an extremely bad one for Oracle Corporation (NYSE: ORCL). The price action following the software stock's first-quarter report makes it the PreMarket Prep Stock of the Day.

Analysts have provided the following ratings for Oracle (NYSE:ORCL) within the last quarter:

A whale with a lot of money to spend has taken a noticeably bullish stance on Oracle. Looking at options history for Oracle (NYSE:ORCL) we detected 18 strange trades.

Shares of Oracle Corporation (NYSE: ORCL) rose during Monday’s after-hours session, despite the Austin, Texas-based company posting earnings short of expectations.

JP Morgan has decided to maintain its Overweight rating of Oracle (NYSE:ORCL) and raise its price target from $82.00 to $84.00. Shares of Oracle are trading down 1.1% over the last 24 hours, at $76.23 per share. A move to $84.00 would account for a 10.19% increase from the current share price.

Oracle (NYSE:ORCL) has observed the following analyst ratings within the last quarter:

BMO Capital has decided to maintain its Market Perform rating of Oracle (NYSE:ORCL) and raise its price target from $86.00 to $90.00. Shares of Oracle are trading down 1.1% over the last 24 hours, at $76.23 per share. A move to $90.00 would account for a 18.06% increase from the current share price.

Jefferies has decided to maintain its Hold rating of Oracle (NYSE:ORCL) and raise its price target from $80.00 to $85.00. Shares of Oracle are trading down 1.1% over the last 24 hours, at $76.23 per share. A move to $85.00 would account for a 11.5% increase from the current share price.

Analysts have provided the following ratings for Oracle (NYSE:ORCL) within the last quarter:

Oracle Corp (NYSE: ORCL) shares are trading higher Tuesday after the company reported financial results and provided positive commentary on revenue growth expectations for the coming quarters.

Oracle Corporation (NYSE: ORCL) posted downbeat earnings for its first quarter. However, the company issued positive commentary on revenue growth expectations for the coming quarters. Oracle shares rose 1.7% to $78.42 on Tuesday.

The major U.S. index futures squandered early gains and were moving to the downside following the release of the August inflation report.

U.S. stocks closed higher on Monday, ahead of the much-awaited inflation data for August. Markets are expecting data to show easing in US inflation. Analysts expect annual inflation falling to an 8.1% rate in August, compared to 8.5% in July. Core CPI, however, might show an increase of 6.1% compared to 5.9% in July.

Oracle Corp (NYSE: ORCL) shares were volatile in Monday's after-hours session after the company reported worse-than-expected financial results. The company provided positive commentary on revenue growth expectations for the coming quarters.

A whale with a lot of money to spend has taken a noticeably bullish stance on Oracle. Looking at options history for Oracle (NYSE:ORCL) we detected 14 strange trades.

Oracle (NYSE:ORCL) is set to give its latest quarterly earnings report on Monday, 2022-09-12. Here's what investors need to know before the announcement. Analysts estimate that Oracle will report an earnings per share (EPS) of $1.07.

Oracle's (NYSE:ORCL) short percent of float has fallen 9.09% since its last report. The company recently reported that it has 15.17 million shares sold short, which is 1.0% of all regular shares that are available for trading.

Oracle (NYSE:ORCL) has outperformed the market over the past 15 years by 2.55% on an annualized basis producing an average annual return of 9.63%. Currently, Oracle has a market capitalization of $196.00 billion.