financetom
Technology
financetom
/
Technology
/
Expert Outlook: Oracle Through The Eyes Of 19 Analysts
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Expert Outlook: Oracle Through The Eyes Of 19 Analysts
Mar 14, 2024 10:25 AM

19 analysts have shared their evaluations of Oracle during the recent three months, expressing a mix of bullish and bearish perspectives.

The following table summarizes their recent ratings, shedding light on the changing sentiments within the past 30 days and comparing them to the preceding months.

Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish
Total Ratings 4 6 9 0 0
Last 30D 0 0 0 0 0
1M Ago 4 5 9 0 0
2M Ago 0 0 0 0 0
3M Ago 0 1 0 0 0

Analysts have recently evaluated Oracle and provided 12-month price targets. The average target is $136.0, accompanied by a high estimate of $160.00 and a low estimate of $105.00. Witnessing a positive shift, the current average has risen by 8.9% from the previous average price target of $124.89.

Investigating Analyst Ratings: An Elaborate Study

The standing of Oracle among financial experts is revealed through an in-depth exploration of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.

Analyst Analyst Firm Action Taken Rating Current Price Target Prior Price Target
Kash Rangan Goldman Sachs Raises Neutral $130.00 $115.00
Stephen Bersey HSBC Raises Buy $155.00 $144.00
Kirk Materne Evercore ISI Group Raises Outperform $145.00 $130.00
Derrick Wood TD Cowen Raises Outperform $145.00 $130.00
Keith Bachman BMO Capital Raises Market Perform $142.00 $126.00
Kash Rangan Goldman Sachs Raises Neutral $130.00 $115.00
Siti Panigrahi Mizuho Raises Buy $160.00 $140.00
Brent Bracelin Piper Sandler Raises Overweight $140.00 $122.00
Brad Reback Stifel Raises Hold $120.00 $100.00
Gil Luria DA Davidson Announces Neutral $105.00 -
Karl Keirstead UBS Raises Buy $150.00 $130.00
Keith Weiss Morgan Stanley Raises Equal-Weight $115.00 $106.00
Mark Moerdler Bernstein Raises Outperform $159.00 $147.00
Brad Sills B of A Securities Raises Neutral $144.00 $122.00
Brent Thill Jefferies Raises Buy $150.00 $145.00
Mark Murphy JP Morgan Raises Neutral $105.00 $100.00
Raimo Lenschow Barclays Raises Overweight $147.00 $140.00
Tyler Radke Citigroup Raises Neutral $120.00 $111.00
Brent Bracelin Piper Sandler Lowers Overweight $122.00 $125.00

Key Insights:

Action Taken: Analysts respond to changes in market conditions and company performance, frequently updating their recommendations. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Oracle. This information offers a snapshot of how analysts perceive the current state of the company.

Rating: Offering insights into predictions, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Oracle compared to the broader market.

Price Targets: Gaining insights, analysts provide estimates for the future value of Oracle's stock. This comparison reveals trends in analysts' expectations over time.

Capture valuable insights into Oracle's market standing by understanding these analyst evaluations alongside pertinent financial indicators. Stay informed and make strategic decisions with our Ratings Table.

Stay up to date on Oracle analyst ratings.

Unveiling the Story Behind Oracle

Oracle provides database technology and enterprise resource planning, or ERP, software to enterprises around the world. Founded in 1977, Oracle pioneered the first commercial SQL-based relational database management system. Today, Oracle has 430,000 customers in 175 countries, supported by its base of 136,000 employees.

Oracle: Delving into Financials

Market Capitalization: Exceeding industry standards, the company's market capitalization places it above industry average in size relative to peers. This emphasizes its significant scale and robust market position.

Positive Revenue Trend: Examining Oracle's financials over 3 months reveals a positive narrative. The company achieved a noteworthy revenue growth rate of 7.11% as of 29 February, 2024, showcasing a substantial increase in top-line earnings. In comparison to its industry peers, the company trails behind with a growth rate lower than the average among peers in the Information Technology sector.

Net Margin: Oracle's financial strength is reflected in its exceptional net margin, which exceeds industry averages. With a remarkable net margin of 18.08%, the company showcases strong profitability and effective cost management.

Return on Equity (ROE): The company's ROE is a standout performer, exceeding industry averages. With an impressive ROE of 50.61%, the company showcases effective utilization of equity capital.

Return on Assets (ROA): Oracle's ROA stands out, surpassing industry averages. With an impressive ROA of 1.77%, the company demonstrates effective utilization of assets and strong financial performance.

Debt Management: Oracle's debt-to-equity ratio stands notably higher than the industry average, reaching 15.65. This indicates a heavier reliance on borrowed funds, raising concerns about financial leverage.

How Are Analyst Ratings Determined?

Ratings come from analysts, or specialists within banking and financial systems that report for specific stocks or defined sectors (typically once per quarter for each stock). Analysts usually derive their information from company conference calls and meetings, financial statements, and conversations with important insiders to reach their decisions.

Some analysts also offer predictions for helpful metrics such as earnings, revenue, and growth estimates to provide further guidance as to what to do with certain tickers. It is important to keep in mind that while stock and sector analysts are specialists, they are also human and can only forecast their beliefs to traders.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Volkswagen Delays Trinity Launch Due To Software Issues: Report
Volkswagen Delays Trinity Launch Due To Software Issues: Report
Aug 13, 2024
Volkswagen AG ( VLKAF ) reportedly delayed the launch of its new ID.4 models from the next-generation Trinity EV project to the early 2030s. The move is part of a broader reshuffling of plans for the delayed program, reported Reuters. The report noted that the project, originally scheduled for a 2026 launch, was postponed due to software issues at the...
Muhammad Yunus may bring reforms to Bangladesh telecoms, mobile operator says
Muhammad Yunus may bring reforms to Bangladesh telecoms, mobile operator says
Aug 13, 2024
(Reuters) - With Muhammad Yunus in charge, Bangladesh may see much-needed reforms and investment in its telecoms sector given the caretaker government leader's knowledge of the industry, according to one of the country's leading mobile operators. Yunus, who took over last Thursday, founded the Grameen Bank that won the 2006 Nobel Peace Prize for pioneering the microcredit movement. He is...
Tune Into Potential Profits With The Sector Pure-Play MUSQ Global Music Industry ETF (MUSQ)
Tune Into Potential Profits With The Sector Pure-Play MUSQ Global Music Industry ETF (MUSQ)
Aug 13, 2024
Spotify Technology ( SPOT ) generated headlines in the pre-market hours as the company revealed its much-awaited second-quarter earnings report. Ahead of the disclosure, SPOT stock suffered from a strongly bearish trend despite an implied robust upside based on analysts' price targets. Therefore, the Q2 print represented an opportunity for the audio streaming service to respond. The results were exactly...
Expert Ratings For Akamai Techs
Expert Ratings For Akamai Techs
Aug 13, 2024
Akamai Techs underwent analysis by 10 analysts in the last quarter, revealing a spectrum of viewpoints from bullish to bearish. The following table summarizes their recent ratings, shedding light on the changing sentiments within the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 5 3 2 0 0 Last...
Copyright 2023-2025 - www.financetom.com All Rights Reserved