Wedbush Initiates Coverage of Oracle (BIT:1ORCL) with Outperform Recommendation

Wedbush Initiates Coverage of Oracle (BIT:1ORCL) with Outperform Recommendation

2026-04-26 05:31
IT

Fintel reports that on April 24, 2026, Wedbush initiated coverage of Oracle (BIT:1ORCL) with a Outperform recommendation.

Analyst Price Forecast Suggests 52.46% Upside

As of April 19, 2026, the average one-year price target for Oracle is €224.18/share. The forecasts range from a low of €138.16 to a high of €370.66. The average price target represents an increase of 52.46% from its latest reported closing price of €147.04 / share.

See our leaderboard of companies with the largest price target upside.

The projected annual revenue for Oracle is 65,051MM, an increase of 1.52%. The projected annual non-GAAP EPS is 7.35, a decrease of 0.16% from the prior forecast.

What is the Fund Sentiment?

There are 3,705 funds or institutions reporting positions in Oracle. This is an decrease of 1,390 owner(s) or 27.28% in the last quarter. Average portfolio weight of all funds dedicated to 1ORCL is 0.43%, an increase of 43.23%. Total shares owned by institutions decreased in the last three months by 14.42% to 1,227,739K shares.

What are Other Shareholders Doing?

Jpmorgan Chase holds 41,223K shares representing 1.43% ownership of the company. In its prior filing, the firm reported owning 49,573K shares , representing a decrease of 20.26%. The firm decreased its portfolio allocation in 1ORCL by 39.61% over the last quarter.

Geode Capital Management holds 37,735K shares representing 1.31% ownership of the company. In its prior filing, the firm reported owning 37,070K shares , representing an increase of 1.76%. The firm decreased its portfolio allocation in 1ORCL by 31.73% over the last quarter.

Capital Research Global Investors holds 30,137K shares representing 1.05% ownership of the company. In its prior filing, the firm reported owning 23,311K shares , representing an increase of 22.65%. The firm decreased its portfolio allocation in 1ORCL by 11.85% over the last quarter.

Norges Bank holds 22,246K shares representing 0.77% ownership of the company. In its prior filing, the firm reported owning 0K shares , representing an increase of 100.00%.

Northern Trust holds 19,000K shares representing 0.66% ownership of the company. In its prior filing, the firm reported owning 19,396K shares , representing a decrease of 2.09%. The firm decreased its portfolio allocation in 1ORCL by 86.05% over the last quarter.

Fintel data has been cited in the following publications:
Daily Mail Fox Business Business Insider Wall Street Journal The Washington Post Bloomberg Financial Times Globe and Mail
NASDAQ.com Reuters The Guardian Associated Press FactCheck.org Snopes Politifact
Federal Register The Intercept Forbes Fortune Magazine TheStreet Time Magazine Canadian Broadcasting Corporation International Business Times
Cambridge University Press Investopedia MarketWatch NY Daily News Entrepreneur Newsweek Barron's El Economista