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What Analysts Think of Oracle Stock Ahead of Earnings

1. Oracle will report Q3 earnings after market close Monday. 2. Analysts expect $14.38 billion revenue, up 8% year-over-year. 3. Eight of 14 analysts have 'buy' ratings, targeting $194 price. 4. Stargate joint venture commentary may influence stock significantly. 5. Shares are down this year but up 35% over the past 12 months.

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FAQ

Why Bullish?

The emphasis on Stargate's potential and analysts' positive ratings indicate favorable market sentiment. Historically, favorable earnings reports lead to stock price increases.

How important is it?

The upcoming earnings and potential insights from Stargate are crucial for market trajectories. The analysts' positive stance adds credibility to potential price changes.

Why Short Term?

Upcoming earnings report could lead to immediate stock price fluctuations. Similar past earnings surprises have resulted in quick changes in stock values.

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