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Stock impact report

Wall Street Maintains its Mixed Outlook on Oracle (ORCL) [Yahoo! Finance]

Oracle Corporation (ORCL) 
Last oracle corporation earnings: 3/12 04:02 pm Check Earnings Report
Company Research Source: Yahoo! Finance
the release of its fiscal Q2 2026 results on December 10. The company posted mixed results during the quarter, and the stock has fallen more than 14.82% since the release. ?Recently, on December 12, Goldman Sachs analyst Kash Rangan lowered the firm's price target on the stock from $320 to $220, and maintained a Hold rating on the stock. A day earlier, on December 11, Brett Huff from Stephens also lowered the price target from $331 to $254, while keeping a Hold rating on the stock. ?During the quarter, Oracle Corporation (NYSE:ORCL) grew its revenue by 14.22% year-over-year to $16.06 billion, but fell short of expectations by $134.2 million. On the bright side, the EPS of $2.26 topped estimates by $0.62. The growth was driven by a 32% increase in Cloud Revenue, 68% increase in Cloud Infrastructure revenue, and 11% increase in Cloud Application revenue. Notably, the remaining performance obligation revenue went up by 438% year-over-year to $523 billion. ?Analyst Kash Rangan of Go Show less Read more
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