By Lekha Gupta
Publication Date: 2026-03-10 14:10:00
The company will report third quarter results following the closing Bell on Tuesday March 10th.
Current price reduction & Analysts’ expectations
On Monday, the Deutsche Bank analyst lowered the price target from $375 to $300, the Scotiabank analyst lowered the price target from $220 to $215 and the Barclays analyst lowered the price target from $310 to $230.
Overall, analysts expect Oracle to post third-quarter revenue of $16.9 billion, up from $14.13 billion in the same quarter last year, according to data from Benzinga Pro.
Wall Street also expects earnings per share of $1.55, compared to $1.47 last year.
Section: Technical Analysis
The stock is trading 1.2% below its 20-day simple moving average (SMA) and 25.2% below its 100-day SMA, indicating a difficult near-term outlook.
Over the last 12 months, shares are up 1.21% and are currently closer to their 52-week lows than their highs, suggesting recovery potential.
Momentum indicators
The RSI is at 44.62, which…