Oracle Stock Climbing the Charts Ahead of Earnings

Core Viewpoint - Oracle Corp's stock has increased by 2.6% to $178.47, driven by three price-target hikes, including two to $200 from Jefferies and BMO, ahead of its fiscal fourth-quarter earnings report [1] Group 1: Stock Performance and Market Sentiment - The stock has experienced a V-shaped rally since its 12-month low of $118.86 on April 7, rising 50% from that point [3] - Despite a 42% year-over-year increase, 14 out of 34 brokerages maintain "hold" ratings, with a consensus 12-month price target of $182.34, indicating only a 2% premium to the current price [3] - Options traders are optimistic, with a 50-day call/put volume ratio of 2.51, placing it in the 86th percentile of its annual range [4] Group 2: Earnings Expectations and Historical Performance - Historically, Oracle's stock has shown varied post-earnings movements, with an average post-earnings move of 9.1% over the last eight reports, and a larger-than-usual expected swing of 12% for the upcoming earnings [2] - The stock declined by 3.1% and 6.7% after its last two earnings reports in March and December, but had previously seen double-digit percentage gains after three consecutive earnings reports [2] Group 3: Volatility and Options Trading - Oracle's Schaeffer's Volatility Scorecard (SVS) is 95 out of 100, indicating that it has exceeded options traders' volatility expectations over the past year [4]