Oracle (ORCL) June weekly 126 straddle into quarter results

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Oracle (ORCL) PT Raised to $160 at Barclays

June 12, 2024 6:27 AM EDT

Barclays analyst Raimo Lenschow raised the price target on Oracle (NYSE: ORCL) to $160.00 (from $147.00) while maintaining a Overweight rating.

The analyst comments "Strong RPO growth combined with raised capex guidance suggests ongoing momentum for ORCL. Not all of this is... More

Oracle (ORCL) PT Raised to $155 at BofA Securities

June 12, 2024 6:05 AM EDT

BofA Securities analyst Kash Rangan raised the price target on Oracle (NYSE: ORCL) to $155.00 (from $144.00) while maintaining a Neutral rating.

The analyst comments "Oracle delivered solid Q4 results, with cloud strength driving incremental backlog/RPO of $18 billion, driven by strength in multi year... More

Deutsche Bank Reiterates Buy Rating on Oracle (ORCL)

June 12, 2024 5:13 AM EDT

Deutsche Bank analyst Brad Zelnick reiterated a Buy rating and $150.00 price target on Oracle (NYSE: ORCL).

The analyst comments "AI demand was the star of the show with 30+ contracts totaling $12.5bn signed in F4Q alone, punctuated by OpenAI selecting OCI to train its LLMs, joining many of the... More

Oracle (ORCL) PT Raised to $160 at Evercore ISI

June 12, 2024 5:12 AM EDT

Evercore ISI analyst Kirk Materne raised the price target on Oracle (NYSE: ORCL) to $160.00 (from $145.00) while maintaining a Outperform rating.

The analyst comments "Bottom line: Not surprisingly, there were some moving parts to Oracles F4Q as revenue came in at $14.3bn vs. consensus of $14.5bn and EPS was $1.63 vs. expectations of $1.65. There were a multitude of factors that led to the... More

DA Davidson Reiterates Neutral Rating on Oracle (ORCL)

June 12, 2024 5:09 AM EDT

DA Davidson analyst Gil Luria reiterated a Neutral rating and $105.00 price target on Oracle (NYSE: ORCL).

The analyst comments "We maintain our NEUTRAL rating and $105 price target following a miss and guide below consensus, offset by heightened demand for AI training compute capacity on Oracle's... More

Evercore ISI Reiterates Outperform Rating on Oracle (ORCL)

June 10, 2024 4:03 AM EDT

Evercore ISI analyst Kirk Materne reiterated an Outperform rating and $145.00 price target on Oracle (NYSE: ORCL).

The analyst comments "Almost every Oracle quarter always has something for both bulls & bears, but we think a solid F4Q and FY25 guide that is largely in line with estimates is good enough at these levels. And despite the outperformance YTD, we believe the risk/reward still skews... More