ORCL ORACLE CORP

BULLISH Impact: 3/10 ANALYST-UPGRADE
Processed 20d 1h ago SEC analyst-ORCL-jpmorgan-20260311
18 firms acted on ORCL: JP Morgan, Oppenheimer, DA Davidson, Baird, Rothschild & Co, B of A Securities, Citigroup, Scotiabank, Piper Sandler, Stifel, BMO Capital, Piper Sandler, WestPark Capital, Stephens & Co., Cantor Fitzgerald, RBC Capital, Melius Research, JMP Securities
Latest settled — T+20d
ORCL ▼ -15.34% at T+20d
LONG call ✗ call lost -15.34% · α vs SPY -15.86% · entry $162.75 → $137.79
Next anchor: T+60d in 15d
Currently $191.68 · +17.78% from $162.75 entry
Entry anchored
Mar 11, 10:00 AM ET
via Databento tick
T+1d
-2.32%
call -2.32% · α -0.83%
$158.98
settled 2mo ago
T+5d
-6.10%
call -6.10% · α -3.91%
$152.82
settled 2mo ago
T+20d
-15.34%
call -15.34% · α -15.86%
$137.79
settled 6w ago
T+60d
call — · α —
in 15d

Price Chart

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Executive Summary

JP Morgan upgraded Oracle from Neutral to Overweight on March 11, cutting its price target to $210 from $230 but still implying 30% upside from the current $161.39. The call was part of a cluster of 18 firms updating coverage that day, including Oppenheimer, Citigroup, and BofA. JP Morgan has a 57% accuracy rate on 7 Oracle calls (avg return 4.5%), slightly above the average of covering firms. The consensus is heavily bullish: 40 of 51 analysts rate Buy or Strong Buy (78%), with a mean target of $243.23 (+51%). JP Morgan's $210 target is below the median of $220 and the mean, making it a relatively conservative bullish call. Momentum is supportive with 1 upgrade and 0 downgrades in 30 days, and FY+1 EPS estimates have been revised up 3 times versus 1 down. However, insider selling ($4.2M combined), modest congressional sells, and an elevated short interest of 60.4% of trade volume create caution. The upgrade reinforces the bullish thesis but the PT cut and cross-platform selling suggest tempered near-term expectations.

Impact Score

Base Score
2/7
LLM Adjustment
+1
Final Score
3/10

Consensus & Targets

Buy / Strong Buy
40 (78%)
Hold
10
Sell / Strong Sell
1
Total Analysts
39
Mean PT
$243.23
Median PT
$220.00
High PT
$400.00
Low PT
$155.00
Current Price
$161.39
Implied Upside
+50.7%

Of 51 analysts covering Oracle, 40 rate it Buy or Strong Buy (78%), 10 rate Hold (20%), and 1 rates Sell (2%). The consensus is overwhelmingly bullish, with 16 Strong Buy and 24 Buy ratings. JP Morgan's upgrade aligns with this sentiment, though its target is below the average.

Current price of $161.39 implies 50.7% upside to the mean target of $243.23 (39 analysts providing PTs) and 36.3% to the median of $220. Targets range from a low of $155 (below current price) to a high of $400 (Guggenheim). JP Morgan's new PT of $210 sits below the mean and median, making it a more conservative bullish stance.

Recent Analyst Activity

DateFirmActionRatingPrice Target
2026-04-29 Wedbush reiterate Outperform $225.00
2026-04-24 Wedbush initiate Outperform $225.00
2026-04-23 Morgan Stanley maintain Equal-Weight $207.00
2026-04-07 Stephens & Co. reiterate Equal-Weight $254.00
2026-03-16 Mizuho maintain Outperform $320.00
2026-03-13 Guggenheim reiterate Buy $400.00
2026-03-12 Citigroup maintain Buy $320.00
2026-03-11 Stifel maintain Buy $220.00
2026-03-11 Barclays maintain Overweight $240.00
2026-03-11 BMO Capital maintain Outperform $200.00

In the past 30 days, Oracle saw 1 upgrade and 0 downgrades. EPS estimate revisions are slightly positive: FY+1 estimates have 3 upward revisions vs 1 downward, while the current quarter (0q) has 0 up and 2 down. Overall, forward estimates are edging higher, supporting the bullish narrative.

Firm Track Record — JP Morgan

JP Morgan accuracy: 55% on 5703 calls | avg return: 5.6%

Industry benchmark: mean 51% ± 11%. Top tier: ≥61% (mean + 1σ). Based on 15 firms with ≥5 scored calls.

FirmAccuracyCallsAvg Returnvs Average
Oppenheimer 100% 2/2 16.8% top tier
WestPark Capital 100% 2/2 50.7% top tier
Keybanc 71% 5/7 11.9% top tier
Deutsche Bank 67% 2/3 13% top tier
Morgan Stanley 67% 6/9 14.9% top tier
UBS 64% 7/11 5.6% top tier
Guggenheim 64% 7/11 12.2% top tier
Jefferies 63% 5/8 9.5% top tier
B of A Securities 63% 5/8 6.8% top tier
Stifel 63% 5/8 7.7% top tier

JP Morgan has a 57% accuracy rate on 7 Oracle calls with an average return of 4.5%, above the average of all covering firms. However, top-tier firms perform better: Oppenheimer (100% on 2 calls, +16.8% avg return), WestPark Capital (100% on 2 calls, +50.7%), and Keybanc (71% on 7 calls, +11.9%). JP Morgan's record is solid but not elite.

Earnings Estimates

Next earnings: Jun 9, 2026

PeriodEPS Est.EPS RangeRevenueRevisions (7d)
+1q $1.68 $1.51 — $1.84 $19.0B ↑0 ↓0
+1y $8.03 $7.47 — $9.26 $88.5B ↑1 ↓0
0y $7.46 $6.59 — $7.69 $67.2B ↑1 ↓0
0q $1.96 $1.76 — $2.03 $19.1B ↑0 ↓0

Cross-Platform Signals

Insider Trades (90d)
0 buys / 2 sells
Congressional
Jared Moskowitz (democrat) — sell $1,001 - $15,000
Congressional
Jared Moskowitz (democrat) — sell $15,001 - $50,000
Congressional
Jared Moskowitz (democrat) — sell $1,001 - $15,000
Institutional
TWO SIGMA INVESTMENTS, LP — doubled (1369.6%)
Institutional
NORGES BANK — new
Institutional
CAUSEWAY CAPITAL MANAGEMENT LLC — exit (-100%)
Short Interest
Short: 13,423,752 | Exempt: 41,991 | TRF Vol: 22,238,544 | Short Ratio: 60.4% | Off-exchange volume (dark pool + OTC)

Insider trading shows recent sales: Levey Stuart sold $2.64M on Apr 16, and Magouyrk Clayton sold $1.55M on Feb 9. Congressional trades are mixed: Rep. Moskowitz sold $32K-$80K total in March, while Rep. McCaul bought $1K-$15K in Feb. Institutional flows are divergent: Norges Bank initiated a $4.34B position and Two Sigma doubled its stake (+1,370%), but two funds exited completely. Short interest is elevated at 60.4% of trade volume, indicating bearish positioning. The bullish analyst signal diverges from insider selling and high short interest.

Actionable Insight

The upgrade adds credibility to the bullish consensus, but the conservative PT cut and insider selling urge caution. Traders should wait for the June 9 earnings for clearer signals before adding to positions.

Documents Analyzed

Report based on filing metadata.

4 reports for ORCL
Performance horizon

Track record builds as more directional reports settle.

Filters
Rows
Reports for ORCL — sortable, filterable
Type Now
May 1, 2026
20d ago
ANALYST-UPGRADE
BULLISH ★ 3/10
$162.75 $152.82▼ −6.10%▼ −3.91%$191.68 (+17.78%)
Apr 24, 2026
27d ago
ANALYST-UPGRADE
BULLISH ★ 3/10
$173.27 $161.39▼ −6.85%▼ −7.76%$191.68 (+10.62%)
Mar 30, 2026
7w ago
Court Ruling
NEUTRAL ★ 3/10
$138.79 $142.81▲ +2.90%▼ −1.40%$191.68 (+38.11%)
Feb 28, 2026
11w ago
Institutional Cluster
MIXED ★ 6/10
$149.18 $151.54▲ +1.58%▲ +2.79%$191.68 (+28.49%)
Showing 4 of 4

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