Back to News
Mar 10, 2026 12:00 PM

What's Going On With Oracle Shares On Tuesday?

Shares of Oracle (NASDAQ:ORCL) are trading lower on Tuesday following news that firms slashed price targets ahead of its recent earnings report.

The company will release earnings results for its third quarter, after the closing bell on Tuesday, March 10.

Recent Price Cut & Analysts’ Expectations

On Monday, Deutsche Bank analyst cut the price target from $375 to $300, Scotiabank analyst lowered the price target from $220 to $215 and Barclays analyst slashed the price target from $310 to $230.

Overall, analysts expect Oracle to post third-quarter revenue of $16.9 billion, up from $14.13 billion in the same quarter last year, according to data from Benzinga Pro.

Wall Street also anticipates earnings per share of $1.55, compared with $1.47 a year earlier.

Section: Technical Analysis

The stock is trading 1.2% below its 20-day simple moving average (SMA) and 25.2% below its 100-day SMA, indicating a challenging short-term outlook.

Over the past 12 months, shares have increased by 1.21% and are currently positioned closer to ...