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ORCL
Benzinga
162 days

Oracle Gears Up For Q3 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts

1. Oracle's Q3 earnings expected at $1.49 per share, up from $1.41. 2. Projected revenue of $14.4 billion, an increase from $13.28 billion. 3. Oracle unveiled new AI features at the Customer Edge Summit. 4. Shares rose 2.8% to $155.16 prior to earnings report. 5. Analysts maintain bullish ratings with price targets above $200.

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FAQ

Why Bullish?

Positive earnings projections and strong analyst ratings suggest strong investor confidence. Historical trends indicate stock prices often rise after exceeding earnings expectations.

How important is it?

Strong earnings expectations and favorable analyst ratings significantly influence ORCL's market perception. Analyst price targets above current levels indicate high potential for positive movement.

Why Short Term?

Upcoming earnings report could lead to immediate price fluctuations if results deviate. Recent trends show stocks reacting quickly post-earnings announcements.

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