Oracle (ORCL) Falls After Missing Revenue Estimates, Analyst Reactions Mixed
- Wall Street closes higher as investors digest earnings, megacap outlook
- Tesla touts acceleration of new models, but Q1 results fall short of estimates
- JPMorgan is worried about further S&P 500 sell-off potential
- Oil rises as dollar slips, focus shifts to economic data
- China acquired top-end Nvidia AI chips despite recent US ban- Reuters
- Fisker (FSR) Appoints Michael Healy as Chief Restructuring Officer
- Kroger (KR), Albertsons and C&S Wholesale Grocers Announce an Updated and Expanded Divestiture Plan
- Costar Group (CSGP) to Acquire Matterport (MTTR) for $5.50/sh Cash and Stock
- Jaguar Health (JAGX) Files $75M Mixed Shelf
- Apple (AAPL) PT Lowered to $210 at Morgan Stanley, 'We'd buy post-earnings weakness'
- After-hours movers: Tesla, Texas Instruments, Seagate, Visa and more
- Midday movers: PepsiCo, JetBlue fall; GM, Danaher and UPS rise
- After-hours movers: Cadence Design Systems, Cleveland-Cliffs, Riot Platforms, and more
- Midday movers: Tesla, Li Auto and CNH Industrial fall; Salesforce rises
- Midday movers: Netflix, Super Micro fall; Paramount Global gains
Oracle (ORCL) PT Raised to $125 at Global Equities Research
September 14, 2021 8:51 AM EDTGlobal 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
September 14, 2021 6:43 AM EDTStifel 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
September 14, 2021 6:33 AM EDTCowen 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) Slips Following Better Than Expected Q1 EPS, But Miss on Revenues
September 13, 2021 4:29 PM EDTOracle (NYSE: ORCL) reported Q1 results, with EPS coming in at $1.03, beating the consensus estimate of $0.97.
Quarterly revenue grew 4% year-over-year to $9.73 (vs. consensus of $9.77 billion), out of which Cloud services and license support revenues were $7.4 billion (up 6%... More
Oracle (ORCL) PT Raised to $93 at Cowen Ahead of Earnings
September 10, 2021 7:20 AM EDTCowen analyst, Derrick Wood, raised the price target on Oracle (NYSE: ORCL) to $93.00 (from $88.00) ahead of 1Q results on 9/13.
The analyst reiterated the Outperform rating, stating "We expect ~2-3% cc growth in 1Q vs. our/Street est of +2% & anticipate 2Q... More