Oracle bets on cloud boom to forecast upbeat profit

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Go back to Oracle bets on cloud boom to forecast upbeat profit

Oracle (ORCL) PT Lowered to $92 at BMO Capital

March 11, 2022 7:03 AM EST

BMO Capital analyst Keith Bachman lowered the price target on Oracle (NYSE: ORCL) to $92.00 (from $115.00) while maintaining a Market Perform rating following results.

The analyst commented, "We identified Oracle as stock of positive interest in our January sector note, driven by reasonable FCF... More

Oracle (ORCL) Shares Fall 6% on Q3 EPS Miss

March 10, 2022 4:30 PM EST

Oracle (NYSE: ORCL) shares were trading around 6% lower after-hours following the companys reported third results, with an EPS of $1.13 coming in worse than the consensus estimate of $1.18.

Revenue grew 4% year-over-year in USD (and 7% in constant currency) to $10.51 billion, which is in line... More