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Oracle Corporation’s Stock Price Drops to $177.74, Witnessing a 6.67% Decline

By December 11, 2024 No Comments

Oracle Corporation (ORCL)

177.74 USD -12.71 (-6.67%) Volume: 25.79M

Oracle Corporation’s stock price is currently at 177.74 USD, experiencing a drop of 6.67% this trading session with a trading volume of 25.79M, however, it boasts a significant year-to-date increase of 66.57%, showcasing its strong market performance and investor interest.


Latest developments on Oracle Corporation

Oracle Corp shares are facing their worst day of 2024 after missing earnings targets, causing an 8% slide in stock prices. Despite strong cloud growth and strategic investments highlighted in the Q2 2025 earnings call, the company’s stock took a hit as earnings fell short of estimates and Q3 expectations. Analysts gave mixed ratings, with Berenberg neutral and RBC also neutral on Oracle Corp. The tech giant’s revenue miss and higher spending forecast led to a plunge in stock prices, with billionaire Larry Ellison losing $15 billion in a single day. Despite strong IaaS growth, Oracle faces tough cloud competition, resulting in a sharp decline in share value.


Oracle Corporation on Smartkarma

Analysts on Smartkarma are bullish on Oracle Corp, with research reports from MBI Deep Dives and Baptista Research highlighting the company’s strengths and growth potential. MBI Deep Dives‘ report, titled “Oracle: Ellison’s Voyage to Software and Beyond,” delves into the history of Oracle, founded by Larry Ellison, Bob Miner, and Ed Oates in 1977 with just $2,000. The report praises Ellison’s competitive nature and the company’s success without raising venture capital. On the other hand, Baptista Research’s report, “Oracle’s Cloud Wars: The Story Of Its Expansion and the Challenges That Could Threaten Its Growth! (9/24),” focuses on Oracle’s Q1 FY 2025 results, showcasing significant revenue growth and strategic expansions in cloud offerings, with total revenue reaching $13.3 billion and cloud revenue showing a 22% increase.


A look at Oracle Corporation Smart Scores

FactorScoreMagnitude
Value2
Dividend3
Growth3
Resilience2
Momentum5
OVERALL SMART SCORE3.0

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Based on the Smartkarma Smart Scores, Oracle Corp has a mixed long-term outlook. While the company scores well in momentum, indicating positive performance trends, it falls short in value and resilience. The value score suggests that the stock may not be undervalued, while the resilience score indicates potential vulnerability to market fluctuations. However, Oracle Corp does receive average scores for both dividend and growth, showing stability in these areas.

Oracle Corporation is a supplier of software for enterprise information management, offering a range of products for various platforms. Despite some concerns about its value and resilience, the company’s strong momentum score suggests positive performance in the near future. With average scores for dividend and growth, Oracle Corp appears to be positioned for steady progress in the long term.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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