Key Takeaways
- Oracle is scheduled to report fiscal third-quarter earnings after the market closes Monday.
- A slight majority of analysts tracked by Visible Alpha have a "buy" rating for the cloud services company's stock.
- One analyst said commentary from management on the AI joint venture Stargate could outweigh everything else on Oracle's earnings call.
Oracle (ORCL) is set to report fiscal third-quarter results after the market closes Monday, with analysts watching for revenue growth and possible commentary on the company's 澳洲幸运5官方开奖结果体彩网:Stargate joint venture.
Of the 14 analysts covering the stock tracked by Visible Alpha, eight have “buy” or equivalent ratings, with six giving the stock a “hold” rating. Their consensus price target near $194 would suggest about 30% upside from Monday's intraday level.
The cloud services giant is expected to report fiscal first-quarter revenue of $14.37 billion, up around 8% year-over-year. Adjusted earnings are expected to land at $4.29 billion, or $1.49 per share, up from $3.98 billion, or $1.41 per share, a year earlier.
UBS analysts said they will be watching for commentary on Stargate, Oracle's joint venture with OpenAI and SoftBank. Information on the up to $500 billion 澳洲幸运5官方开奖结果体彩网:artificial intelligence infrastructure project "has the potential to outweigh everything else" from Oracle's earnings call, the analysts said. UBS maint💦ained a "buy" rating and $210 price target.
"Sentiment has been incrementally more positive post the [Jan. 21] Stargate announcement," Jefferies analysts said recently, reiterating a price target of $220.
Shares of Oracle are down this year but up about 30% over the past 12 months. The stock was falling about 5% to $147.48 in intraday trading Monday amid a 澳洲幸运5官方开奖结果体彩网:broader market decline on worries about the economy.
UPDATE—March 10, 2025: This article has been updated since it was first published to reflect more recent analyst estimates and share price values.