Oppenheimer Reiterates Oracle (ORCL) at Perform 'due to valuation as ORCL shares trade at a material premium to peers'

Oppenheimer analyst Brian Schwartz reiterated a Perform rating on Oracle (NYSE: ORCL).

The analyst commented: "Oracle had a solid F1Q25 as results exceeded consensus with strong performance in cloud services, RPO growth, and displayed strong trends on customer OCI platform consumption. Specifically, the company announced a new strategic partnership agreement to embed Exadata hardware and 23ai database software into AWS cloud datacenters, joining Microsoft Azure and Google Cloud. Additionally, the company signed 42 additional GPU contracts in F1Q owing to business growth with Microsoft and Google. On balance, cash from operations was below expectations and material upside came from licensing outperformance. Additionally, we continue to see risks to higher capex requirements in future quarters. Bottom Line: Solid execution and results characterized F1Q; however, we maintain Perform due to valuation as ORCL shares trade at a material premium to peers."

For an analyst ratings summary and ratings history on Oracle click here. For more ratings news on Oracle click here.

Shares of Oracle closed at $139.89 yesterday.

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