Oracle Announces Fiscal 2022 First Quarter Financial Results

Oracle (ORCL) PT Raised to $125 at Global Equities Research

Global Equities Research analyst Trip Chowdhry raised the price target on Oracle (NYSE: ORCL) to $125.00 while maintaining an Overweight rating. The analyst highlighted:

1. ORCL beats FY1Q22 Revenues by $100 million on Constant Currency basis

2. ORCL smashes FY1Q22 EPS by $0.08 on... More

Oracle (ORCL) PT Raised to $77 at Stifel

Stifel analyst Brad Reback raised the price target on Oracle (NYSE: ORCL) to $77.00 (from $65.00) while maintaining a Hold rating following earnings.

The analyst commented, "On Monday, Oracle delivered a mixed quarter, with a top-line miss and EPS beat. While management spoke... More

Oracle (ORCL) PT Raised to $96 at Cowen

Cowen analyst Derrick Wood raised the price target on Oracle (NYSE: ORCL) to $96.00 (from $93.00) while maintaining an Outperform rating following earnings.

The analyst commented, "ORCL posted a solid 1Q w/ 2% cc rev growth in-line w/ Street. 2Q guide of +3-5% was slightly... More

Oracle (ORCL) Falls After Missing Revenue Estimates, Analyst Reactions Mixed

Shares of Oracle (NYSE: ORCL) are down almost 2% in pre-open after the company delivered mixed FQ1 results.

EPS came in at $1.03 to top the analyst estimates of $0.97 while revenue was reported at $9.73 billion to miss on the analyst consensus of $9.73 billion.

"Q1 results were excellent as constant currency revenue beat guidance by $100 million with all revenue segments exceeding forecast, and Non-GAAP earnings per share beating guidance by $0.08," said Oracle CEO, Safra Catz.

"Oracle's two new cloud businesses, IaaS and... More

Oracle (ORCL) Tops Q1 EPS by 6c, Revenue Misses Slightly

Oracle (NYSE: ORCL) reported Q1 EPS of $1.03, $0.06 better than the analyst estimate of $0.97. Revenue for the quarter came in at $9.73 billion versus the consensus estimate of $9.77 billion.

For earnings history and earnings-related data on Oracle (ORCL) click here.