Piper Sandler Reiterates “Overweight” Rating for Oracle (NYSE:ORCL)

Oracle (NYSE:ORCL)‘s stock had its “overweight” rating restated by equities research analysts at Piper Sandler in a research note issued on Friday, MarketBeat Ratings reports.

Several other equities analysts have also issued reports on ORCL. JPMorgan Chase & Co. lifted their target price on Oracle from $185.00 to $210.00 and gave the company a “neutral” rating in a research note on Monday, September 8th. Weiss Ratings upgraded Oracle from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Wednesday, October 8th. Morgan Stanley boosted their price target on Oracle from $246.00 to $320.00 and gave the stock an “equal weight” rating in a research note on Tuesday, September 23rd. Stifel Nicolaus boosted their price target on Oracle from $250.00 to $350.00 and gave the stock a “buy” rating in a research note on Wednesday, September 10th. Finally, The Goldman Sachs Group boosted their price target on Oracle from $195.00 to $310.00 and gave the stock a “neutral” rating in a research note on Monday, September 15th. Three investment analysts have rated the stock with a Strong Buy rating, twenty-seven have given a Buy rating, nine have given a Hold rating and two have given a Sell rating to the stock. According to MarketBeat.com, Oracle has an average rating of “Moderate Buy” and a consensus price target of $323.40.

Oracle Price Performance

ORCL opened at $291.95 on Friday. The business’s 50-day moving average is $271.71 and its two-hundred day moving average is $215.85. Oracle has a 1 year low of $118.86 and a 1 year high of $345.72. The company has a debt-to-equity ratio of 3.33, a current ratio of 0.62 and a quick ratio of 0.62. The firm has a market capitalization of $832.28 billion, a PE ratio of 67.58, a price-to-earnings-growth ratio of 3.13 and a beta of 1.53.

Oracle (NYSE:ORCL) last posted its earnings results on Tuesday, September 9th. The enterprise software provider reported $1.47 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.48 by ($0.01). Oracle had a net margin of 21.08% and a return on equity of 72.93%. The company had revenue of $14.93 billion during the quarter, compared to analysts’ expectations of $15.04 billion. During the same quarter last year, the firm earned $1.39 EPS. Oracle’s revenue for the quarter was up 12.2% on a year-over-year basis. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. Research analysts anticipate that Oracle will post 5 earnings per share for the current fiscal year.

Insider Buying and Selling

In other Oracle news, insider Michael D. Sicilia sold 33,845 shares of the company’s stock in a transaction that occurred on Tuesday, September 23rd. The stock was sold at an average price of $321.16, for a total value of $10,869,660.20. Following the sale, the insider owned 132,656 shares in the company, valued at approximately $42,603,800.96. This represents a 20.33% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, Director Naomi O. Seligman sold 2,222 shares of the firm’s stock in a transaction on Friday, September 26th. The shares were sold at an average price of $288.91, for a total transaction of $641,958.02. Following the sale, the director owned 29,225 shares in the company, valued at approximately $8,443,394.75. This represents a 7.07% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 120,769 shares of company stock valued at $36,428,967 in the last three months. 40.90% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Oracle

Hedge funds have recently bought and sold shares of the business. Redmont Wealth Advisors LLC purchased a new position in Oracle during the first quarter worth approximately $27,000. Inlight Wealth Management LLC purchased a new position in Oracle during the first quarter worth approximately $28,000. Winnow Wealth LLC purchased a new position in Oracle during the second quarter worth approximately $28,000. Iron Horse Wealth Management LLC boosted its position in Oracle by 284.9% during the first quarter. Iron Horse Wealth Management LLC now owns 204 shares of the enterprise software provider’s stock worth $29,000 after purchasing an additional 151 shares in the last quarter. Finally, Kilter Group LLC purchased a new position in Oracle during the second quarter worth approximately $30,000. Hedge funds and other institutional investors own 42.44% of the company’s stock.

About Oracle

Oracle Corporation offers products and services that address enterprise information technology environments worldwide. Its Oracle cloud software as a service offering include various cloud software applications, including Oracle Fusion cloud enterprise resource planning (ERP), Oracle Fusion cloud enterprise performance management, Oracle Fusion cloud supply chain and manufacturing management, Oracle Fusion cloud human capital management, Oracle Cerner healthcare, Oracle Advertising, and NetSuite applications suite, as well as Oracle Fusion Sales, Service, and Marketing.