Oracle (ORCL) Sees Q3 adj.-EPS of $0.73 - $0.78, Est. at $0.73

Goldman Sachs Comments on Oracle's (ORCL) Q2 , Target Raised to $47

Goldman Sachs maintained a Buy rating on Oracle (NYSE: ORCL) and raised its price target to $47.00 (from $46.00). The change follows Q2 results.

Analyst Heather Bellini said, "Revenue outperformance vs. the Street was due to slight upside in the Software & Cloud segment (76% of sales) and better hardware sales. Software & Cloud... More

Oracle (ORCL) Bookings Inflecting Up in the Cloud, Nomura's Sherlund Says; PT to $49

Nomura Securities analyst Rick Sherlund reiterated a Buy rating and bumped his price target on Oracle (NYSE: ORCL) to $49.00 (from $46.00) following solid Q2 results, noting booking are inflecting up in the cloud.

Sherlund commented, "Oracle reported a bit better-than-expected results on a... More

Oracle (ORCL) Posts First Top-Line Beat in a Year, Wedbush Notes; PT to $42

Wedbush analyst Steve Koenig raised his price target on Oracle (NYSE: ORCL) to $42.00 (from $38.00) following Q2 results but maintained Neutral rating. Koenig said cloud results are getting better.

"We are seeing signs that ORCL's sales capacity additions are becoming more productive, the 12c product cycle is poised to... More

Oracle (ORCL) Declares $0.12 Quarterly Dividend; 1.2% Yield

Oracle (NYSE: ORCL) declared a quarterly dividend of $0.12 per share, or $0.48 annualized.

The dividend will be payable on January 28, 2015, to stockholders of record on January 7, 2015, with an ex-dividend date of January 5, 2015.

The annual yield on the dividend is 1.2 percent.

For a... More

Oracle (ORCL) Reports In-Line Q2 EPS

Oracle (NYSE: ORCL) reported Q2 EPS of $0.69, in-line with the analyst estimate of $0.69. Revenue for the quarter came in at $9.61 billion versus the consensus estimate of $9.5 billion.

Cloud software-as-a-service (SaaS), platform-as-a-service (PaaS) and infrastructure-as-a-service (IaaS) revenue was up 45% to $516 million. Hardware Systems... More