The California-based provider of enterprise software and computer hardware products and services shows "persistent sales issues offset by product momentum," analysts said.
"While we believe that broader deployment of the company's latest release of its flagship database 12c will lead to a positive inflection point in exadata and drive overall database growth, the company does face secular pressure in its traditional hardware and applications businesses, as well as faces go-to-market strategy and execution concerns," analysts added.
Shares of Oracle are up 0.56% to $41.15 in pre-market trading.
Separately, TheStreet Ratings team rates ORACLE CORP as a Buy with a ratings score of B+. TheStreet Ratings Team has this to say about their recommendation:
"We rate ORACLE CORP (ORCL) a BUY. This is driven by multiple strengths, which we believe should have a greater impact than any weaknesses, and should give investors a better performance opportunity than most stocks we cover. The company's strengths can be seen in multiple areas, such as its solid stock price performance, revenue growth, reasonable valuation levels, expanding profit margins and growth in earnings per share. We feel these strengths outweigh the fact that the company has had sub par growth in net income."