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 Q3 regulatory filings by fund managers ($100M+ AUM)
43% more first-time investments, than exits
New positions opened: 270 | Existing positions closed: 189
18% more capital invested
Capital invested by funds: $172B [Q2] → $204B (+$31.6B) [Q3]
13% more funds holding in top 10
Funds holding in top 10: 144 [Q2] → 162 (+18) [Q3]
3% more funds holding
Funds holding: 2,860 [Q2] → 2,941 (+81) [Q3]
9% more repeat investments, than reductions
Existing positions increased: 1,160 | Existing positions reduced: 1,064
4% more call options, than puts
Call options by funds: $4.69B | Put options by funds: $4.51B
1.04% less ownership
Funds ownership: 44.21% [Q2] → 43.18% (-1.04%) [Q3]
Research analyst outlook
30 Wall Street Analysts provided 1 year price targets over the past 3 months
30 analyst ratings
Keybanc Jason Ader 56% 1-year accuracy 15 / 27 met price target | 9%upside $200 | Overweight Maintained | 15 Nov 2024 |
RBC Capital Alex Zukin 80% 1-year accuracy 8 / 10 met price target | 10%downside $165 | Sector Perform Initiated | 23 Oct 2024 |
JMP Securities Patrick Walravens 70% 1-year accuracy 68 / 97 met price target | 12%upside $205 | Market Outperform Maintained | 18 Oct 2024 |
Bernstein Mark Moerdler 75% 1-year accuracy 9 / 12 met price target | 10%upside $202 | Outperform Maintained | 30 Sept 2024 |
Jefferies Brent Thill 80% 1-year accuracy 36 / 45 met price target | 3%upside $190 | Buy Maintained | 16 Sept 2024 |
Financial journalist opinion
Based on 41 articles about ORCL published over the past 30 days
