BMO Capital analyst Keith Bachman has maintained their bullish stance on ORCL stock, giving a Buy rating on October 20.
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Keith Bachman has given his Buy rating due to a combination of factors that suggest a promising outlook for Oracle. Despite anticipated pressure on operating margins in FY28, Bachman remains optimistic about Oracle’s growth potential, particularly in its Oracle Cloud Infrastructure (OCI) and database sectors. He highlights the potential for significant long-term growth in operating income and earnings per share (EPS), driven by Oracle’s strategic advancements in these areas.
Furthermore, Bachman believes that Oracle’s scale in OCI could lead to improved margins in its Infrastructure as a Service (IaaS) offerings over time. He also notes that Oracle’s enhanced database offerings, combined with AI-infused applications and cloud services, are likely to create ecosystem benefits and cross-selling opportunities. These factors contribute to his positive outlook and the Outperform rating, with a target price of $355.
In another report released on October 20, UBS also maintained a Buy rating on the stock with a $380.00 price target.
Based on the recent corporate insider activity of 66 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of ORCL in relation to earlier this year.