OracleORCL
About: Oracle provides database technology and enterprise resource planning, or ERP, software to enterprises around the world. Founded in 1977, Oracle pioneered the first commercial SQL-based relational database management system. Today, Oracle has 430,000 customers in 175 countries, supported by its base of 136,000 employees.
Employees: 159,000
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
70% more first-time investments, than exits
New positions opened: 239 | Existing positions closed: 141
36% more funds holding in top 10
Funds holding in top 10: 106 [Q1] → 144 (+38) [Q2]
21% more repeat investments, than reductions
Existing positions increased: 1,208 | Existing positions reduced: 1,000
14% more capital invested
Capital invested by funds: $149B [Q1] → $169B (+$20.2B) [Q2]
4% more funds holding
Funds holding: 2,756 [Q1] → 2,854 (+98) [Q2]
4% more call options, than puts
Call options by funds: $3.46B | Put options by funds: $3.32B
0.15% more ownership
Funds ownership: 43.25% [Q1] → 43.41% (+0.15%) [Q2]
Research analyst outlook
27 Wall Street Analysts provided 1 year price targets over the past 3 months
27 analyst ratings
Bernstein Mark Moerdler 75% 1-year accuracy 9 / 12 met price target | 15%upside $202 | Outperform Maintained | 30 Sept 2024 |
Jefferies Brent Thill 71% 1-year accuracy 24 / 34 met price target | 8%upside $190 | Buy Maintained | 16 Sept 2024 |
JP Morgan Mark Murphy 46% 1-year accuracy 11 / 24 met price target | 20%downside $140 | Neutral Maintained | 13 Sept 2024 |
UBS Karl Keirstead 86% 1-year accuracy 12 / 14 met price target | 14%upside $200 | Buy Maintained | 13 Sept 2024 |
B of A Securities Brad Sills 59% 1-year accuracy 19 / 32 met price target | 11%upside $195 | Neutral Maintained | 13 Sept 2024 |
Financial journalist opinion
Based on 56 articles about ORCL published over the past 30 days