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 more than 400,000 customers in 175 countries.
Employees: 159,000
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
85% more first-time investments, than exits
New positions opened: 276 | Existing positions closed: 149
19% more capital invested
Capital invested by funds: $172B [Q2] → $204B (+$31.9B) [Q3]
13% more funds holding in top 10
Funds holding in top 10: 144 [Q2] → 163 (+19) [Q3]
4% more funds holding
Funds holding: 2,862 [Q2] → 2,989 (+127) [Q3]
9% more repeat investments, than reductions
Existing positions increased: 1,179 | Existing positions reduced: 1,083
4% more call options, than puts
Call options by funds: $4.69B | Put options by funds: $4.51B
0.99% less ownership
Funds ownership: 44.17% [Q2] → 43.18% (-0.99%) [Q3]
Research analyst outlook
33 Wall Street Analysts provided 1 year price targets over the past 3 months
33 analyst ratings
RBC Capital Rishi Jaluria 57% 1-year accuracy 32 / 56 met price target | 14%downside $165 | Sector Perform Reiterated | 5 Dec 2024 |
Guggenheim John Difucci 64% 1-year accuracy 16 / 25 met price target | 15%upside $220 | Buy Maintained | 5 Dec 2024 |
Jefferies Brent Thill 80% 1-year accuracy 36 / 45 met price target | 15%upside $220 | Buy Maintained | 5 Dec 2024 |
Keybanc Jason Ader 58% 1-year accuracy 15 / 26 met price target | 4%upside $200 | Overweight Maintained | 15 Nov 2024 |
RBC Capital Alex Zukin 90% 1-year accuracy 9 / 10 met price target | 14%downside $165 | Sector Perform Initiated | 23 Oct 2024 |
Financial journalist opinion
Based on 44 articles about ORCL published over the past 30 days