Oracle Corp Receives a Hold from Oppenheimer

By Austin Angelo

In a report released today, Brian Schwartz from Oppenheimer assigned a Hold rating to Oracle Corp (NYSE: ORCL). The company’s shares closed yesterday at $52.79, close to its 52-week high of $53.14.

Schwartz commented:

“Oracle’s F1Q EPS result was $0.02 above consensus and total revenue was ~$180M above consensus. The cloud results were decent, though the bulk of the upside in the quarter came from less sustainable items (i.e., shallower licensing declines and currency benefits). Additionally, guidance looks uninspiring as the outperformance in F1Q did not boost operating margin trajectory nor flow through to higher annual financial targets. Positively, the business continues exhibiting better consistency in the reported results. Bottom Line: While the valuation catch-up for Oracle this year has been impressive, we think the inflation to the multiples is now mostly behind the stock. We also see risks to sentiment lurking from possible large M&A activity (preceding anniversarying Netsuite in the Feb.”

According to, Schwartz is a top 25 analyst with an average return of 22.6% and a 75.1% success rate. Schwartz covers the Technology sector, focusing on stocks such as Callidus Software, Ultimate Software, and Instructure Inc.

Oracle Corp has an analyst consensus of Strong Buy, with a price target consensus of $56.54.

Oracle Corp’s market cap is currently $218.4B and has a P/E ratio of 24.00. The company has a book value ratio of 4.0548.

Based on the recent corporate insider activity of 54 insiders, corporate insider sentiment is negative on the stock. Most recently, in July 2017, Thomas Kurian, the President-Product Development of ORCL sold 750,000 shares for a total of $37,837,500.

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