William Blair analyst Jason Ader has maintained their bullish stance on ORCL stock, giving a Buy rating today.
Jason Ader has given his Buy rating due to a combination of factors that highlight Oracle’s potential for future growth. Despite Oracle’s third-quarter revenue and non-GAAP EPS coming in below expectations, the company experienced a significant 63% year-over-year growth in remaining performance obligations (RPO), indicating strong demand and future revenue visibility. This growth was driven by substantial contract bookings, including agreements with major technology firms such as OpenAI, Meta, Nvidia, and AMD.
Furthermore, Oracle’s management has set ambitious revenue targets, forecasting a 15% growth for fiscal 2026 and a 20% increase for fiscal 2027, backed by the strong momentum in Oracle Cloud Infrastructure (OCI) bookings. Additionally, Oracle’s decision to raise its quarterly dividend by 25% reflects confidence in its financial health and commitment to returning value to shareholders. These factors collectively underpin Jason Ader’s optimistic outlook on Oracle’s stock, leading to the Buy rating.
In another report released today, TD Cowen also reiterated a Buy rating on the stock with a $210.00 price target.
Based on the recent corporate insider activity of 55 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of ORCL in relation to earlier this year.
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