Oracle revenue forecast disappoints as license sales continue falling
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/4/2026
- S&P 500, Dow hit record highs on strong AI-linked earnings, Mideast deal hopes
- Caterpillar stock jumps on strong earnings and revenue beat
- Optical component stocks rally on proposed U.S. ban on Chinese tech
- BofA says this memory stock could double. Here are 5 reasons why
- Merck shares rise on big Q2 earnings beat, adjusted FY outlook
- Nutanix to cut 5% of workforce, expects up to $43M in charges
- Palantir posts 93% revenue growth in Q2 2026, raises full-year outlook
- Grainger CFO resigns, interim replacement named
- Microsoft joins, Broadcom exits Goldman's top-stocks list
- Walmart dips after Oppenheimer downgrades shares on difficult short-term setup
- After-Hours Stock Movers: PLTR, SNAP, ON, ICHR, WGS, WHR
- After-Hours Stock Movers: AAPL, AMZN, COIN, RBLX, RDDT, AXTI, FND, WU, GDDY
- After-Hours Stock Movers: META, MSFT, CMG, SBUX, CVNA, LRCX, FTNT, QCOM, TDOC
- After-Hours Stock Movers: F, BE, STX, WDC, KLAC, SWKS, NXPI, CSGP, ENPH
- After-Hours Stock Movers: FFIV, CDNS, APLD, RMBS, ESI, SANM
Nomura Securities Cuts Price Target on Oracle (ORCL) Following 1c EPS Beat
September 17, 2015 9:58 AM EDTNomura Securities reiterated a Buy rating on Oracle (NYSE: ORCL), and cut the price target to $44.00 (from $49.00), following the company's 1Q16 earnings results. ORCL reported $8.45bn in revenue, compared to $8.53bn consensus. Non-GAAP EPS of $0.53 was slightly above the Street estimate of $0.52.
Analyst... More
Piper Jaffray Remains Bullish on Oracle (ORCL) Following 1Q16 Earnings
September 17, 2015 8:30 AM EDTPiper Jaffray reiterated an Overweight rating and $46.00 price target on Oracle (NYSE: ORCL) following the company's 1Q16 earnings results. Results were relatively in-line, with EPS seeing $0.01 of upside relative to consensus.
Analyst Katherine Egbert commented, "While not spectacular, Q1 was... More
UPDATE: Oracle (ORCL) Offers Q2 EPS Guidance
September 16, 2015 5:17 PM EDT(Updated - September 16, 2015 5:24 PM EDT)
Oracle (NYSE: ORCL) sees Q2 EPS of $0.63-$0.66 vs the consensus of $0.65. Q2 revenue is seen down 2%-1%.
Oracle sees FY adjusted SAAS, PAAS revenue up 50%.
... More