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Oracle Stock Dips Amid Market Downturn
17 Oct
Summary
- Oracle shares closed down 4.43%, underperforming major indices.
- Analysts anticipate a 16.81% decrease in quarterly EPS.
- Oracle holds a Zacks Rank of #3 (Hold) with a forward P/E discount.
In its most recent trading session on October 17, 2026, Oracle's stock (ORCL) closed at $128.51, reflecting a 4.43% decrease. This performance lagged behind the S&P 500, which fell by 1.09%, and also underperformed the Dow and Nasdaq. Over the preceding month, Oracle's shares had declined by 10.71%.
Looking ahead to its earnings report, Oracle is expected to post an earnings per share (EPS) of $1.88. This figure represents a projected 16.81% decrease compared to the same quarter in the previous year. However, revenue is anticipated to reach $21.31 billion, an increase of 32.68% year-over-year.
For the full fiscal year, Zacks Consensus Estimates predict Oracle's earnings at $8.13 per share and revenue at $90.5 billion, indicating year-over-year growth of 6.55% and 34.36%, respectively. The company currently holds a Zacks Rank of #3 (Hold). Oracle's forward P/E ratio stands at 16.55, trading at a slight discount to its industry average of 16.78. Its PEG ratio is 0.79, also favorably positioned against the Computer - Software industry's average of 1.38.
