UPDATE: Oracle Corp. (ORCL) Sees Q1 EPS of $0.62-$0.66 vs Est. $0.64

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Oracle (ORCL) Buy Rating Maintained at Goldman Sachs; Analyst Comments on Q4

June 20, 2014 9:17 AM EDT

Goldman Sachs maintained a Buy rating on Oracle (NYSE: ORCL) with a price target of $48.00. Comments follow Q4 results.

"The shortfall in total revenue was due to lower than expected sales in its License and Cloud segment where collectively it posted growth of 2% yoy vs consensus of +5%. Specifically, Cloud SaaS and PaaS revenue was in line with our forecast while... More

Nomura Maintains Bullish Stance on Oracle (ORCL) Post Q4; 'It's Not About the Quarter'

June 20, 2014 9:09 AM EDT

Nomura Securities analyst Rick Sherlund reiterated a Buy rating and $46 price target on Oracle (NYSE: ORCL) following Q4 results, saying buy on weakness as "it's not about the quarter."

Sherlund said, "Oracle had a soft Q4 with software license revenues flat... More

Citi Downgrades Oracle (ORCL) to Neutral

June 20, 2014 6:49 AM EDT

Citi downgraded Oracle (NYSE: ORCL) from Buy to Neutral.

For an analyst ratings summary and ratings history on Oracle click here. For more ratings news on Oracle click here.

Shares of Oracle closed at $42.51 yesterday.

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Oracle Corp (ORCL) Misses Q4 EPS by 3c

June 19, 2014 4:02 PM EDT

(Updated - June 19, 2014 4:13 PM EDT)

Oracle Corp (NYSE: ORCL) reported Q4 EPS of $0.92, $0.03 worse than the analyst estimate of $0.95. Revenue for the quarter came in at $11.33 billion versus the consensus estimate of $11.48 billion.

Software and Cloud revenues were up 4% to $8.9 billion. GAAP Cloud software-as-a-service (SaaS) and platform-as-a-service (PaaS) revenues were up 25% to $322 million, while non-GAAP SaaS and PaaS revenues were up 23% to $327 million. In addition, Cloud infrastructure-as-a-service (IaaS) revenues were up 13% to $128 million. New software licenses revenues were... More