UBS Stick to Their Hold Rating for Oracle Corp

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UBS analyst Jennifer Swanson Lowe maintained a Hold rating on Oracle Corp (NYSE:ORCL) on Friday, setting a price target of $57, which is approximately 0.58% below the present share price of $57.33.

Swanson Lowe expects Oracle Corp to post earnings per share (EPS) of $1.00 for the third quarter of 2020.

The current consensus among 21 TipRanks analysts is for a Hold rating of shares in Oracle, with an average price target of $55.67.
The analysts price targets range from a high of $66 to a low of $41.

In its latest earnings report, released on 05/31/2020, the company reported a quarterly revenue of $10.44 billion and a net profit of $4.39 billion. The company’s market cap is $174.76 billion.

According to TipRanks.com, UBS analyst Jennifer Swanson Lowe is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 21.2% and a 72.73% success rate.

Oracle Corp. engages in the provision of products and services that address all aspects of corporate information technology environments. It operates through the following business segments: Cloud and License, Hardware, and Services. The Cloud and License segment markets, sells, and delivers applications, platform, and infrastructure technologies. The Hardware segment provides hardware products and hardware-related software products including Oracle Engineered Systems, servers, storage, industry-specific hardware, operating systems, virtualization, management and other hardware related software, and related hardware support. The Services segment offers consulting, advanced support, and education services. The company was founded by Lawrence Joseph Ellison, Robert Nimrod Miner and Edward A. Oates on June 16, 1977 and is headquartered in Redwood (NYSE:RWT) City, CA.

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