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Market Impact: 0.25

Oracle Stock Dips As Firms Slash Price Targets

ORCL
Corporate EarningsAnalyst EstimatesAnalyst InsightsCompany FundamentalsCorporate Guidance & OutlookInvestor Sentiment & Positioning

Analysts cut price targets ahead of Oracle's fiscal Q3 earnings, due after Tuesday's close, and the stock traded lower on Monday. The analyst downgrades increase near-term downside risk into the print and could pressure the shares by a few percent around the report.

Analysis

Analysts cut price targets ahead of Oracle's fiscal Q3 earnings, due after Tuesday's close, and the stock traded lower on Monday. The analyst downgrades increase near-term downside risk into the print and could pressure the shares by a few percent around the report.

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Market Sentiment

Overall Sentiment

mildly negative

Sentiment Score

-0.25

Ticker Sentiment

ORCL-0.30