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0 0 0 0.00230101453822831 6.97277132797778E-05 -0.0010110518425547 -0.00313774709758386 -0.00421852665341833
Stock impact report

Oracle (ORCL) Price Target Lowered on Revenue Conversion Concerns [Yahoo! Finance]

Oracle Corporation (ORCL) 
Last oracle corporation earnings: 3/12 04:02 pm Check Earnings Report
Company Research Source: Yahoo! Finance
Corporation (NYSE:ORCL) to $225 from $384 while retaining a Buy rating on the company's shares. Analyst Joseph Bonner expressed concerns about whether the company's backlog improvements will translate into actual revenue. Pixabay/Public Domain Oracle Corporation (NYSE:ORCL) exceeded earnings estimates and improved its forecast in the fiscal third quarter of 2026, reporting revenue of $17.2 billion, above the consensus estimate of $16.9 billion. Notably, Oracle's Infrastructure as a Service revenue rose 84% year-over-year to $4.9 billion, exceeding the street's expectation of $4.7 billion. As Oracle Corporation (NYSE:ORCL) chases enterprise cloud transformation prospects, cloud revenue has emerged as its key growth driver. Management voiced confidence in the long-term demand for its cloud infrastructure services, database products, and applications. Oracle Corporation (NYSE:ORCL) offers an extensive suite of database and cloud computing software and hardware. The Company offers Show less Read more
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