Oracle Stock Is Dropping. Why Wall Street Is OK With an Earnings Miss.
Oracle stock took a dive after the software firm’s latest quarterly performance left investors unimpressed. Analysts, however, seem to think the market is overreacting.Shares were down 8.4% to $174.54 in early trading Tuesday,
Oracle’s earnings were liked by analysts, even by those who don’t love the stock
Oracle’s stock falls after earnings, but even analysts who don’t like the stock were upbeat about the results.
Why Oracle Stock Is Plunging Today
After the market closed yesterday, Oracle published results for the second quarter of its current fiscal year, which ended Nov. 30. The company posted sales and earnings for the p
Oracle shares suffer steepest drop of 2024 after earnings miss
After the close on Monday, Oracle reported earnings per share for the fiscal second quarter of $1.47, trailing analysts' average estimate by a penny, according to LSEG. Revenue rose 9% from a year earlier to $14.06 billion, missing the $14.1 billion average estimate.
Oracle stock falls after earnings, and other movers
Oracle shares are down 8% after earnings could not match investor hopes following an 80% rally so far in 2024. C3.ai shares are up 5% after the enterprise software company narrowed its quarterly loss,
Oracle Stock Drops After Earnings Undershoot Estimates
Oracle posted higher quarterly revenue and profit on continued demand for artificial intelligence, but shares slid after the company missed analyst estimates. The stock fell more than 8% in premarket trading,
Analysts revisit Oracle stock price targets after Q2 earnings
Oracle shares moved firmly lower in early Tuesday trading after a disappointing set of quarterly earnings triggered a host of price-target and rating updates on Wall Street. Oracle (ORCL) shares have been the outstanding performer in the cloud-computing space,
What Analysts Are Saying After Oracle's Results Underwhelmed Investors
Key Takeaways Oracle shares dropped after fiscal second-quarter revenue came in below expectations.Analysts are mixed about the cloud company's outlook, with different firms calling the same results "very solid" and "less impressive.
How to Play Oracle Stock (ORCL) with Options Strategies
Software giant Oracle (ORCL) naturally stole the spotlight after releasing its earnings results for its fiscal second quarter. It was a ...
Deeper dive: why Oracle’s earnings weren’t so bad
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Oracle skids, but Wall Street comes to defense as cloud growth continues
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Oracle price target raised to $185 from $153 at Goldman Sachs
Goldman Sachs raised the firm’s price target on Oracle (ORCL) to $185 from $153 but keeps a Neutral rating on the shares. The stock declined ...
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Oracle (NYSE:ORCL) Stock Quotes, Forecast and News Summary
Kaustubh Bagalkote Palantir: The Next Oracle? Expert Predicts A Monster Run To $100 Palantir stock surges 235% in a year, could rival Oracle and Cisco, hit $100 per share by mid-2022. Technical ...
Oracle CEO Safra Catz Plans to Sell Over $1 Billion of Stock
Safra Catz has adopted a trading plan to sell 7.5 million Oracle shares, and possibly more, in 2025.
Oracle Posts Disappointing Growth, Denting Cloud Enthusiasm
Oracle Corp. reported quarterly revenue in line with estimates, disappointing investors who have boosted the stock by 81% ...
Top Stock Movers Now: Boeing, Alaska Air Group, Alphabet, Oracle, Ebay, and More
U.S. equities were edging upward around midday, bouncing back a bit after yesterday’s selloff, as the market awaits a key ...
Oracle's Growth Story Remains Intact, Shares May Need To Take A Breather
Oracle's growth trajectory remains strong, but supply constraints and geopolitical risks may create some near-term headwinds.