Oracle Beats Q3 EPS Estimates But Revenue Slightly Misses; Cloud Growth Stays Strong
- Oracle beats Q3 earnings per share estimates with $1.41 vs $1.38 expected
- Revenue hits $13.28B, narrowly missing expectations of $13.29B
- Cloud segment revenue up 25% year-over-year to $5.1B, driving growth
- Analysts have a Moderate Buy rating on ORCL stock
- Average ORCL price target of $127.42 implies 11.64% upside potential
