Oracle (ORCL) Stock: Ellison Abandons $7.5B Share Sale as Analysts Boost Targets

Oracle founder Larry Ellison withdrew a plan to sell 50 million Oracle shares worth about $7.5 billion, according to a company statement, without giving a reason. Oracle said no shares were sold under the proposal and that Ellison has no other plans to sell. The move comes as ORCL trades near $154, down 22% in 2025 and roughly 54% below peak levels. Barclays raised its price target to $252 from $250 while keeping an Overweight rating after Oracle’s “exceptional” Q1. The firm reported $19.3 billion in Q1 revenue, up 30% year over year, with cloud infrastructure sales surging 121% to $7.4 billion.