Hofseth BioCare (OTC:HOFBF) Stock, Quote.Headers.trade-ideas

Hofseth BioCare ASA is a Norway based company engaged in the business of development, manufacturing, marketing and sale of marine ingredients such as oil, calcium and protein products. It is also involved in cooperation, participation, and ownership in the businesses engaged in related activities. The group operates in the business segment of producing salmon oil, soluble protein, calcium, and nonwater soluble protein. The brands under the company are OmeGo, PetGo, ProGo, and CalGo. The firm sells products to various segments of the human nutrition market such as sports nutrition, supplements, and health foods, as well as to the market within nutrition to pet and feed industry. It generates the majority of the revenue from the sale of salmon oil.

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HOFSETH BIOCARE ASA by Hofseth Biocare ASA

Hofseth BioCare ASA

– OLE data shows sustained monthly reduction in seizure frequency, impressive seizure freedom rates, and consistent AE safety profile suggesting long-term efficacy and tolerability of azetukalner
– Approximately one in three patients on drug for at least 36 months achieved seizure freedom for a period of one year or longer
– Sustained monthly reductions in seizure frequency maintained at 85% at OLE study month 36
– Patient-reported survey data and literature review illustrate significant mental health and comorbidity burdens of focal onset seizures highlighting areas of unmet need for people living with epilepsy
– New pre-clinical data shows Nav1.1 potentiator provides protection against spontaneous seizures and SUDEP in pre-clinical Dravet model

Biotech

General

XENE

Xenon New Long-Term Azetukalner Data Shows Sustained Monthly Reductions In Seizure Frequency Maintained At 85% At OLE Study Month 36; Approximately 1/3 Patients On Drug For At Least 36-Months Achieved Seizure Freedom For A Period Of 1-Year Or Longer

Companies have <a href="https://www.benzinga.com/news/24/09/40867264/big-techs-security-spending-spree-zuckerberg-leads-in-lavish-security-measures">stepped up security</a> budgets for their executives in recent years, even before <a href="https://www.benzinga.com/markets/equities/24/12/42342969/unitedhealth-shares-slide-3-after-ceo-brian-thompson-fatally-shot-ahead-of-investor-conference">the Wednesday killing</a> of UnitedHealthcare (a subsidiary of UnitedHealth Group Inc (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/unh#NYSE">UNH</a>) CEO Brian Thompson.
CEO Security Details: The following companies spent the most on personal security for their CEOS in 2023, <a href="https://sherwood.news/business/meta-spends-more-us-public-company-keeping-mark-zuckerberg-safe/">per</a> Sherwood News citing SEC filings:
<ul>
<li>Meta Platforms led the way, divvying $23.4 million for founder and CEO Mark Zuckerberg&#8216;s security detail.</li>
<li>Alphabet spent $6.8 million for CEO Sundar Pichai&#8216;s security.</li>
<li>Oracle spent $3 million on the security of CEO Safra A. Catz. Founder Larry Ellison serves as executive chairman.</li>
<li>Tesla spent $2.4 million for CEO Elon Musk&#8216;s security. Musk also owns a security company dedicated to his safety.</li>
<li>Nvidia dished out $2.2 million for founder and CEO Jensen Huang.</li>
<li>Amazon.com spent $1 million for CEO Andy Jassy. Founder Jeff Bezos serves as executive chairman.</li>
</ul>
Meta&#8217;s security for Zuckerberg eclipses the following 10 other companies&#8217; executives combined.
The data does not include self-funded security initiatives.
Why it Matters: Johnson was killed on Wednesday morning outside a hotel by an unknown person who subsequently fled the scene.
Johnson&#8217;s death, an apparent assassination, was met with condolences from politicians and business leaders while sparking varied reactions online.
Companies may now decide to allot more in security budgets for their executives. CEO pay has skyrocketed over 1,000% since 1970, <a href="https://www.epi.org/publication/ceo-pay-in-2021/">according</a> to the Economic Policy Institute. Additional compensation may come in the form of security.
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</ul>
Photo: LightField Studios via Shutterstock

Equities

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Global

CEOs Bulk Up On Security: Mark Zuckerberg Outspent Sundar Pichai, Elon Musk Before UnitedHealthcare CEO Killing

– OLE data shows sustained monthly reduction in seizure frequency, impressive seizure freedom rates, and consistent AE safety profile suggesting long-term efficacy and tolerability of azetukalner– Approximately one in
– OLE data shows sustained monthly reduction in seizure frequency, impressive seizure freedom rates, and consistent AE safety profile suggesting long-term efficacy and tolerability of azetukalner
– Approximately one in three patients on drug for at least 36 months achieved seizure freedom for a period of one year or longer
– Sustained monthly reductions in seizure frequency maintained at 85% at OLE study month 36
– Patient-reported survey data and literature review illustrate significant mental health and comorbidity burdens of focal onset seizures highlighting areas of unmet need for people living with epilepsy
– New pre-clinical data shows Nav1.1 potentiator provides protection against spontaneous seizures and SUDEP in pre-clinical Dravet model

Xenon Announces New Long-Term Azetukalner Data From X-TOLE OLE Study In FOS At AES 2024

HSBC analyst Stephen Bersey downgrades DocuSign (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DOCU#NASDAQ">DOCU</a>) from Hold to Reduce.

Downgrades

Analyst Ratings

DOCU

HSBC Downgrades DocuSign to Reduce

In the last three months, 13 analysts have published ratings on Range Resources (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RRC#NYSE">RRC</a>), offering a diverse range of perspectives from bullish to bearish.
The following table summarizes their recent ratings, shedding light on the changing sentiments within the past 30 days and comparing them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th align="right">Bullish</th>
<th align="right">Somewhat Bullish</th>
<th align="right">Indifferent</th>
<th align="right">Somewhat Bearish</th>
<th align="right">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td align="right">0</td>
<td align="right">5</td>
<td align="right">5</td>
<td align="right">2</td>
<td align="right">1</td>
</tr>
<tr>
<td>Last 30D</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">2</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td align="right">0</td>
<td align="right">4</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">1</td>
<td align="right">2</td>
<td align="right">1</td>
</tr>
</tbody>
</table>
Analysts have recently evaluated Range Resources and provided 12-month price targets. The average target is $35.85, accompanied by a high estimate of $45.00 and a low estimate of $27.00. Observing a downward trend, the current average is 1.46% lower than the prior average price target of $36.38. 
<img src="https://www.benzinga.com/files/images/story/2024/1733518867_0.png" alt="price target chart" />
<h2>Breaking Down Analyst Ratings: A Detailed Examination</h2>
The perception of Range Resources by financial experts is analyzed through recent analyst actions. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Paul Diamond</td>
<td>Citigroup</td>
<td>Raises</td>
<td>Neutral</td>
<td>$38.00</td>
<td>$33.00</td>
</tr>
<tr>
<td>Scott Hanold</td>
<td>RBC Capital</td>
<td>Raises</td>
<td>Sector Perform</td>
<td>$40.00</td>
<td>$35.00</td>
</tr>
<tr>
<td>Mark Lear</td>
<td>Piper Sandler</td>
<td>Lowers</td>
<td>Neutral</td>
<td>$30.00</td>
<td>$31.00</td>
</tr>
<tr>
<td>Mike Scialla</td>
<td>Stephens &amp; Co.</td>
<td>Raises</td>
<td>Overweight</td>
<td>$39.00</td>
<td>$37.00</td>
</tr>
<tr>
<td>Roger Read</td>
<td>Wells Fargo</td>
<td>Lowers</td>
<td>Equal-Weight</td>
<td>$38.00</td>
<td>$39.00</td>
</tr>
<tr>
<td>Mike Scialla</td>
<td>Stephens &amp; Co.</td>
<td>Raises</td>
<td>Overweight</td>
<td>$37.00</td>
<td>$36.00</td>
</tr>
<tr>
<td>Mike Scialla</td>
<td>Stephens &amp; Co.</td>
<td>Raises</td>
<td>Overweight</td>
<td>$36.00</td>
<td>$35.00</td>
</tr>
<tr>
<td>Nitin Kumar</td>
<td>Mizuho</td>
<td>Lowers</td>
<td>Outperform</td>
<td>$40.00</td>
<td>$45.00</td>
</tr>
<tr>
<td>Betty Jiang</td>
<td>Barclays</td>
<td>Lowers</td>
<td>Equal-Weight</td>
<td>$34.00</td>
<td>$35.00</td>
</tr>
<tr>
<td>Josh Silverstein</td>
<td>UBS</td>
<td>Lowers</td>
<td>Sell</td>
<td>$27.00</td>
<td>$30.00</td>
</tr>
<tr>
<td>Devin McDermott</td>
<td>Morgan Stanley</td>
<td>Lowers</td>
<td>Underweight</td>
<td>$31.00</td>
<td>$33.00</td>
</tr>
<tr>
<td>Nitin Kumar</td>
<td>Mizuho</td>
<td>Lowers</td>
<td>Outperform</td>
<td>$45.00</td>
<td>$47.00</td>
</tr>
<tr>
<td>Arun Jayaram</td>
<td>JP Morgan</td>
<td>Lowers</td>
<td>Underweight</td>
<td>$31.00</td>
<td>$37.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Analysts frequently update their recommendations based on evolving market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Range Resources. This information provides a snapshot of how analysts perceive the current state of the company.</li>
<li>Rating: Offering insights into predictions, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Range Resources compared to the broader market.</li>
<li>Price Targets: Analysts explore the dynamics of price targets, providing estimates for the future value of Range Resources's stock. This examination reveals shifts in analysts' expectations over time.</li>
</ul>
Understanding these analyst evaluations alongside key financial indicators can offer valuable insights into Range Resources's market standing. Stay informed and make well-considered decisions with our Ratings Table.
<a href="https://www.benzinga.com/quote/RRC/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on Range Resources analyst ratings.</a>
<h2>About Range Resources</h2>
Fort Worth-based Range Resources is an independent exploration and production company with that focuses entirely on its operations in the Marcellus Shale in Pennsylvania. At year-end 2023, Range Resources' proven reserves totaled 18.1 trillion cubic feet equivalent, with net production of 2.14 billion cubic feet equivalent per day. Natural gas accounted for 69% of production.
<h3>A Deep Dive into Range Resources's Financials</h3>
Market Capitalization: Indicating a reduced size compared to industry averages, the company's market capitalization poses unique challenges.
Decline in Revenue: Over the 3 months period, Range Resources faced challenges, resulting in a decline of approximately -0.6% in revenue growth as of 30 September, 2024. This signifies a reduction in the company's top-line earnings. As compared to competitors, the company encountered difficulties, with a growth rate lower than the average among peers in the Energy sector.
Net Margin: Range Resources's net margin is below industry averages, indicating potential challenges in maintaining strong profitability. With a net margin of 8.89%, the company may face hurdles in effective cost management.
Return on Equity (ROE): Range Resources's ROE lags behind industry averages, suggesting challenges in maximizing returns on equity capital. With an ROE of 1.31%, the company may face hurdles in achieving optimal financial performance.
Return on Assets (ROA): The company's ROA is below industry benchmarks, signaling potential difficulties in efficiently utilizing assets. With an ROA of 0.7%, the company may need to address challenges in generating satisfactory returns from its assets.
Debt Management: With a below-average debt-to-equity ratio of 0.47, Range Resources adopts a prudent financial strategy, indicating a balanced approach to debt management.
<h2>Understanding the Relevance of Analyst Ratings</h2>
Analysts work in banking and financial systems and typically specialize in reporting for stocks or defined sectors. Analysts may attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish "analyst ratings" for stocks. Analysts typically rate each stock once per quarter.
Some analysts will also offer forecasts for metrics like growth estimates, earnings, and revenue to provide further guidance on stocks. Investors who use analyst ratings should note that this specialized advice comes from humans and may be subject to error.
Breaking: Wall Street's Next Big Mover
Benzinga's #1 analyst just identified a stock poised for explosive growth. This under-the-radar company could surge 200%+ as major market shifts unfold. <a href="https://www.benzinga.com/premium/ideas/turning-point-trader-checkout-2/?t=Tu1tu3arja3be22tu36&amp;utm_source=benzinga-insights">Click here for urgent details</a>.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Where Range Resources Stands With Analysts

BIOA

Trading Halt: Halted at 4:00:10 p.m. ET - Trading Halt: Halt News Pending

<a href="https://patentcenter.uspto.gov/applications/17420635/ifw/docs">https://patentcenter.uspto.gov/applications/17420635/ifw/docs</a>
<figure class="image"><img src="https://pbs.twimg.com/media/GeJLKpSakAQUaHG?format=jpg&amp;name=small" alt="Image" /></figure><figure class="image"><img src="https://pbs.twimg.com/media/GeJLKpUakAAG202?format=jpg&amp;name=small" alt="Image" /></figure><figure class="image"><img src="https://pbs.twimg.com/media/GeJLKpUbgAAnhOL?format=jpg&amp;name=small" alt="Image" /></figure>

DRMA

Dermata Therapeutics Has Received A Notice Of Allowance For A U.S. Patent Titled "COMPOSITIONS AND METHODS FOR THE TREATMENT OF SKIN CONDITIONS (INCLUDING ACNE)".

UBS analyst Michael Lasser maintains Ulta Beauty (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ULTA#NASDAQ">ULTA</a>) with a Buy and raises the price target from $470 to $490.

Price Target

ULTA

UBS Maintains Buy on Ulta Beauty, Raises Price Target to $490

Deep-pocketed investors have adopted a bullish approach towards Apple (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>), and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in AAPL usually suggests something big is about to happen.
We gleaned this information from our observations today when Benzinga's options scanner highlighted 68 extraordinary options activities for Apple. This level of activity is out of the ordinary.
The general mood among these heavyweight investors is divided, with 47% leaning bullish and 42% bearish. Among these notable options, 15 are puts, totaling $751,212, and 53 are calls, amounting to $2,612,234.
<h3>Projected Price Targets</h3>
Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $145.0 to $300.0 for Apple over the last 3 months. 
<h3>Volume &amp; Open Interest Trends</h3>
In terms of liquidity and interest, the mean open interest for Apple options trades today is 19756.08 with a total volume of 132,211.00.
In the following chart, we are able to follow the development of volume and open interest of call and put options for Apple's big money trades within a strike price range of $145.0 to $300.0 over the last 30 days.
<h3>Apple Option Activity Analysis: Last 30 Days</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1733518477_0.png" alt="Options Call Chart" />
<h3>Significant Options Trades Detected:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>AAPL</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>12/20/24</td>
<td>$9.65</td>
<td>$9.5</td>
<td>$9.64</td>
<td>$235.00</td>
<td>$241.0K</td>
<td>35.7K</td>
<td>935</td>
</tr>
<tr>
<td>AAPL</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>12/13/24</td>
<td>$9.0</td>
<td>$8.85</td>
<td>$9.0</td>
<td>$235.00</td>
<td>$225.0K</td>
<td>7.5K</td>
<td>1.4K</td>
</tr>
<tr>
<td>AAPL</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$25.4</td>
<td>$25.35</td>
<td>$25.4</td>
<td>$220.00</td>
<td>$137.1K</td>
<td>36.7K</td>
<td>1.2K</td>
</tr>
<tr>
<td>AAPL</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>09/19/25</td>
<td>$6.05</td>
<td>$6.0</td>
<td>$6.05</td>
<td>$210.00</td>
<td>$119.8K</td>
<td>2.7K</td>
<td>198</td>
</tr>
<tr>
<td>AAPL</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>12/20/24</td>
<td>$2.32</td>
<td>$2.3</td>
<td>$2.33</td>
<td>$242.50</td>
<td>$116.5K</td>
<td>4.5K</td>
<td>1.5K</td>
</tr>
</tbody>
</table>

<h3>About Apple</h3>
Apple is among the largest companies in the world, with a broad portfolio of hardware and software products targeted at consumers and businesses. Apple's iPhone makes up a majority of the firm sales, and Apple's other products like Mac, iPad, and Watch are designed around the iPhone as the focal point of an expansive software ecosystem. Apple has progressively worked to add new applications, like streaming video, subscription bundles, and augmented reality. The firm designs its own software and semiconductors while working with subcontractors like Foxconn and TSMC to build its products and chips. Slightly less than half of Apple's sales come directly through its flagship stores, with a majority of sales coming indirectly through partnerships and distribution.
<h3>Apple's Current Market Status</h3>
<ul>
<li>Currently trading with a volume of 22,417,179, the AAPL's price is down by -0.03%, now at $242.97. </li>
<li>RSI readings suggest the stock is currently may be overbought.</li>
<li>Anticipated earnings release is in 55 days.</li>
</ul>
<h3>Expert Opinions on Apple</h3>
Over the past month, 2 industry analysts have shared their insights on this stock, proposing an average target price of $286.5.
Unusual Options Activity Detected: Smart Money on the Move
Benzinga Edge's Unusual Options board spots potential market movers before they happen. See what positions big money is taking on your favorite stocks. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=Be8be9arja3be22bz20&amp;utm_source=benzinga-insights">Click here for access</a>. 
&#x2A; An analyst from Morgan Stanley downgraded its action to Overweight with a price target of $273. 
&#x2A; An analyst from Wedbush downgraded its action to Outperform with a price target of $300. 
Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for Apple with <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> for real-time alerts.

Options

AAPL

Apple Unusual Options Activity For December 06

Shares of Rumble Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RUM#NASDAQ">RUM</a>) are trading higher Friday. Late Thursday, President-elect Donald Trump stated in a post that David Sacks, a member of Rumble's board since June 2023, will assume the role of &#8220;White House A.I. &amp; Crypto Czar&#8221; in the upcoming administration. Here&#8217;s <a href="https://www.benzinga.com/quote/RUM/news">what you need to know.</a>
What To Know: According to post on X, formerly known as Twitter, Sacks will guide policies related to artificial intelligence and cryptocurrency, aiming to enhance the United States&#8217; global leadership in these areas. Additionally, his role will involve addressing free speech issues online, working against perceived Big Tech bias and creating a clearer legal framework for the cryptocurrency industry. Sacks will also chair the Presidential Council of Advisors for Science and Technology.
David Sacks, apart from his role at Rumble, is a general partner at Craft Ventures, a venture capital fund he co-founded in 2017. His background includes serving as the founding COO of PayPal, founding and leading Yammer and making angel investments in prominent companies such as Facebook, Uber and SpaceX. 
The news of Sacks' appointment has likely contributed to the rise in Rumble's stock price, reflecting investor optimism tied to the increased visibility and influence of one of its board members in a high-profile government position.
RUM Price Action: Rumble shares were up 21.9% at $8.53 at the time of writing, according to <a href="https://pro.benzinga.com/dashboard">Benzinga Pro.</a>
<figure class="wp-block-image size-large is-resized"><a href="https://benzinga.slack.com/archives/D072651PB4K/p1733167806337199"><img loading="lazy" decoding="async" width="1024" height="550" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/06145339/RUM-1024x550.png" alt="" class="wp-image-681291" style="width:421px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/06145339/RUM-1024x550.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/06145339/RUM-300x161.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/06145339/RUM-768x413.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/06145339/RUM.png 1459w" sizes="(max-width: 1024px) 100vw, 1024px" /></a></figure>
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</ul>
Image via Wikimedia Commons.

Rumble Shares Are Up Today: What You Need To Know

Lululemon Athletica Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LULU#NASDAQ">LULU</a>) shares are trading higher after the company reported better-than-expected third-quarter financial results and increased its <a target="_blank" href="https://www.benzinga.com/movers" rel="noreferrer noopener">share buyback program by $1 billion.</a>
Throughout the third quarter, the company repurchased 1.6 million shares of its common stock for $408.5 million. Furthermore, it approved a $1.0 billion increase to its share repurchase program, bringing the <a target="_blank" href="https://www.benzinga.com/trading-ideas/movers/24/12/42367217/whats-going-with-lululemon-shares-friday" rel="noreferrer noopener">total authorized repurchases to approximately $1.8 billion.</a>
Lululemon issued guidance for the 2024 fourth quarter. It sees revenue from $3.475 billion to $3.510 billion versus analyst estimates of<a target="_blank" href="https://www.benzinga.com/calendars/guidance]" rel="noreferrer noopener"> $3.496 billion.</a>
Multiple analyst firms raised their respective price forecasts on the stock.
Here are the analysts&#8217; takes <a target="_blank" href="https://www.benzinga.com/news/buybacks/24/12/42352166/lululemon-q3-earnings-revenue-beat-eps-beat-1b-buyback-increase-continued-momentum-across-international-markets" rel="noreferrer noopener">on the&nbsp;earnings results:</a>
<ul>
<li>Stifel analyst Jim Duffy reiterated the Buy rating on Lululemon, raising the <a href="https://www.benzinga.com/quote/LULU/analyst-ratings" target="_blank" rel="noreferrer noopener">price forecast to $438 from $370.</a></li>
<li>JP Morgan analyst Matthew R. Boss reiterated the Overweight rating on the stock, increasing the price forecast to $425 from $338.</li>
<li>Goldman Sachs analyst Brooke Roach maintained a Neutral rating on the company and raised the price forecast to $365 from $291.</li>
<li>KeyBanc Capital Markets analyst Ashley Owens reiterated the Overweight rating on the stock, boosting the price forecast to $400 from $350.</li>
<li>Truist Securities analyst Joseph Civello reiterated the Buy rating on the stock, raising the price forecast to $420 from $360.</li>
<li>Guggenheim analyst Robert Drbul maintained the Buy rating on Lululemon, raising the price forecast to $415 from $350.</li>
<li>Oppenheimer analyst Brian Nagel reiterated the Outperform rating on Lululemon.</li>
</ul>
Stifel: Duffy sees Lululemon as well-positioned to benefit from ongoing trends, with international growth potentially underestimated.
The analyst writes that the company may continue its strong growth by attracting new customers and increasing revenue per customer.
In fact, Duffy forecasts several years of mid-teens revenue growth, margin expansion, and share repurchases, supported by the company&#8217;s capital-efficient business model.
The analyst raised FY24 EPS estimates from $14.00 to $14.17.
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JP Morgan: The analyst notes that the company still has strong potential in the domestic market, with international expansion offering significant untapped opportunities.
Boss predicts
the brand could reach around $12 billion in revenue by FY26, compared to approximately $4 billion in FY19. This growth is expected to be driven by expanding international presence, strong growth in men&#8217;s products, entry into new categories like personal care and footwear, and continued growth in e-commerce.
Goldman Sachs: The analyst is encouraged by Lululemon&#8217;s sequential improvement in business and a strong start to the holiday season.
Roach notes that management is progressing in product innovation and rebalancing, which should help unlock stronger growth in the U.S. market.
The analyst is also positive about the company&#8217;s consistent international growth momentum and effective cost control.
KeyBanc Capital Markets: The analyst sees opportunities for innovation across product categories, colors, and prints, as well as in brand awareness, which remains low in the U.S. at 36%.
Owens also sees growth potential in men&#8217;s products, accessories, and international markets.
The analyst adds that in 2025, Lululemon plans to expand into new markets, including Italy (company-operated) and, Denmark, Belgium, Turkey, and the Czech Republic (under franchise models).
Truist Securities: The analyst notes that Lululemon&#8217;s new reporting structure, where Global Creative Director Jonathan Chung reports to CEO Calvin McDonald and Chief Merchant Liz Bender reports to Chief Brand Officer Nikki Neuburger, is streamlining the product development process. This has allowed the company to introduce new products more quickly, improving conversion rates.
Civello sees new product offerings to continue improving through the fourth quarter and reach historical levels by the first quarter of 2025.
Guggenheim: Drbul notes that Lululemon&#8217;s FY24 EPS estimate has been increased to $14.15, up from $14.05.
This adjustment reflects a promising start to the holiday season, but the analyst remains cautious due to macroeconomic uncertainties and the shorter holiday shopping period.
Oppenheimer: The analyst mentions that while they have taken a more cautious view on Lululemon in the short term, Nagel still considers the company and its shares well-positioned for the intermediate to long term.
Price Action: LULU shares are trading higher by 18.5% to $408.5 at last check Friday.
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Image via Shutterstock

Analyst Color

LULU

Lululemon's Strong Earnings and Share Buyback Push Analysts to Increase Price Forecast

Broadcom Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AVGO#NASDAQ">AVGO</a>) surged over 5% on Friday, marking its strongest one-day rally in three months and significantly outperforming the broader semiconductor sector as the iShares Semiconductor ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SOXX#NYSE">SOXX</a>) posted a <a href="https://www.benzinga.com/topic/semiconductor">modest gain of 0.6%. </a>
The semiconductor giant announced on Thursday its cutting-edge 3.5D eXtreme Dimension System in Package (XDSiP) platform technology. 
This breakthrough positions Broadcom as a leader in enabling next-generation custom accelerators (XPUs) for artificial intelligence applications. 
By integrating over 6,000 mm² of silicon and up to 12 high-bandwidth memory (HBM) stacks into a single device, the 3.5D XDSiP achieves high-efficiency, low-power computing designed to meet the demands of large-scale AI systems. The technology also marks the industry debut of Face-to-Face (F2F) 3.5D XPU, a significant milestone in semiconductor packaging.
&#8220;3.5D integration, which combines 3D silicon stacking with 2.5D packaging, is poised to become the technology of choice for next-generation XPUs in the coming decade,&#8221; the company stated. 
Yet, other than investor enthusiasm driven by both technological innovation, Broadcom's sharp rally also stands out as a sign of favorable seasonal trends.
<h1 class="wp-block-heading">Broadcom Historically Surged In December</h1>
Beyond the innovation buzz, historical data suggests Broadcom could be gearing up for a strong finish to the year.
Over the past 15 years, the period between Dec. 6 and Dec. 31 has proven highly favorable for the stock. 
Broadcom delivered positive returns in 12 of those 15 years, with an average gain of 8.4% during this stretch, as data from Seasonax platform shows. 
The most remarkable performance occurred in 2020 when the stock skyrocketed 20.7% in the same timeframe. Only three times — 2011, 2012, and 2015 — did Broadcom post losses in this period.
Investors appear to be eyeing a repeat of Broadcom's historical outperformance, particularly as AI-driven innovation and seasonal tailwinds build a compelling narrative for further gains. 
With December already off to a strong start, momentum could carry Broadcom higher as the year-end rally takes shape.
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Photo: Shutterstock

Large Cap

Tech

AVGO

iShares PHLX SOX Semiconductor Sector Index Fund

SOXX

Broadcom Notches Strongest Session In 3 Months: Why Seasonal Trends May Bolster Year-End Gains

Hewlett Packard Enterprise Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HPE#NYSE">HPE</a>) shares are trading higher after it reported its&nbsp;fourth-quarter&nbsp;<a target="_blank" href="https://www.benzinga.com/pressreleases/24/12/b42350783/hewlett-packard-enterprise-reports-fiscal-2024-fourth-quarter-results" rel="noreferrer noopener">results after Thursday&#8217;s closing bell</a>.
The company reported adjusted EPS of 58 cents, which beat the analyst consensus estimate of 56 cents. Sales rose 15% year over year (Y/Y) to $8.46 billion, which beat the analyst <a target="_blank" href="https://www.benzinga.com/earnings" rel="noreferrer noopener">consensus estimate of&nbsp;$8.26 billion</a>.
Hewlett Packard sees&nbsp;first-quarter&nbsp;earnings of between 47 and 52&nbsp;cents per share <a target="_blank" href="https://www.benzinga.com/calendars/guidance" rel="noreferrer noopener">versus the 49 cent estimate</a>.
Stifel analyst Matthew Sheerin raised the price forecast on the HPE stock to $25 from $22 <a target="_blank" href="https://www.benzinga.com/quote/hpe/analyst-ratings" rel="noreferrer noopener">while maintaining a Buy rating</a>.
The analyst believes Hewlett-Packard Enterprise shares are undervalued, supported by its broad portfolio of infrastructure hardware, software, and services.
Despite mixed demand, with weakness in networking and storage, HPE is seeing strong AI server demand and signs of recovery in traditional servers, adds the analyst.
Sheerin expects AI servers to drive growth in FY25 and for gross margins to improve through a better mix and higher software and services attachment.
The analyst revised estimates for revenue to $32.250 billion (from $31.749 billion) and EPS to $2.11 (from $2.10) for FY25 on the continued server strength and introduced FY26 revenue of $33.803 billion and adjusted EPS of $2.29.
JP Morgan analyst Samik Chatterjee writes that he expects a choppy outlook for HP Enterprise following mixed earnings from industry leaders.
The analyst anticipates some upside in its Enterprise Server and Networking segments, though AI server headwinds and potential Fed spending slowdowns may impact guidance.
Chatterjee estimates revenue of $8.24 billion in the fourth-quarter vs. consensus of $8.26 billion.
B Of A analyst Wamsi Mohan reaffirmed a price target of $26 and a Buy rating.
Heading into FY25, the analyst believes HPE is well-positioned to benefit from a recovery in IT spending, driven by cyclical growth in servers, storage, and networking and the Juniper acquisition and associated cost savings.
The analyst also adds that the strength in Hybrid Cloud and higher AI server margins due to increased enterprise and sovereign demand are expected to be drivers.
Goldman Sachs analyst Michael Ng raised the F25/26/27 EPS estimates by an average of 2% to reflect the growing AI pipeline and storage momentum.
Investors can gain exposure to the stock via&nbsp;the First Trust S&amp;P 500 Diversified Dividend Aristocrats ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/KNGZ#NASDAQ">KNGZ</a>) and&nbsp;the Roundhill Generative AI &amp; Technology ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CHAT#NYSE">CHAT</a>).
Price Action: Hewlett Packard shares are up 10.80%&nbsp;at&nbsp;$23.99 at the last check Friday.
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Earnings

Guidance

CHAT

KNGZ

HPE AI Servers and Cloud Strength Lead the Charge: Analysts Raise Price Forecasts

Scotiabank analyst Allan Verkhovski maintains Asana (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ASAN#NYSE">ASAN</a>) with a Sector Perform and raises the price target from $15 to $18.

ASAN

Scotiabank Maintains Sector Perform on Asana, Raises Price Target to $18

<a href="https://www.geaerospace.com/news/investor-relations/ir-updates/ge-aerospace-4q24-updates" title="https://www.geaerospace.com/news/investor-relations/ir-updates/ge-aerospace-4q24-updates">https://www.geaerospace.com/news/investor-relations/ir-updates/ge-aerospace-4q24-updates</a>
&nbsp;
Celebrating LEAP-1A&#39;s First Airbus A321XLR Flight, Major Orders From Royal Jordanian And VietJet, Opening Of Services Technology Center As Part Of $1B MRO Investment, FAA And EASA Certification For LEAP-1A Durability Kit Expected To Double Time On Wing, Addressing CES Growth And DPT Headwinds While

GE Aerospace Reports Strong CES Demand With 26% YTD Order Growth, Reaffirms 2024 Guidance For High Single-Digit Revenue Growth, $6.7-$6.9B Operating Profit, And $5.6-$5.8B Free Cash Flow; Highlights DPT Revenue Up 6%, Segment Profit Up 22%, And $18B Backlog; Positioned For Continued Growth In Revenue, Profit, And Cash Flow In 2025

In the current session, Core Molding Technologies Inc. (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/CMT#AMEX">CMT</a>) is trading at $16.38, after a 1.06% decrease. Over the past month, the stock decreased by 3.68%, and in the past year, by 10.76%. With performance like this, long-term shareholders are more likely to start looking into the company's price-to-earnings ratio. 

<img src="https://www.benzinga.com/files/images/story/2024/1733517021_0.png" alt="Past Year Chart" />

<h3>A Look at Core Molding Technologies P/E Relative to Its Competitors</h3>
The P/E ratio is used by long-term shareholders to assess the company's market performance against aggregate market data, historical earnings, and the industry at large. A lower P/E could indicate that shareholders do not expect the stock to perform better in the future or it could mean that the company is undervalued. 
Compared to the aggregate P/E ratio of the 37.31 in the Chemicals industry, Core Molding Technologies Inc. has a lower P/E ratio of 9.51. Shareholders might be inclined to think that the stock might perform worse than it's industry peers. It's also possible that the stock is undervalued. 

<img src="https://www.benzinga.com/files/images/story/2024/1733517021_1.png" alt="Guage" />

In conclusion, the price-to-earnings ratio is a useful metric for analyzing a company's market performance, but it has its limitations. While a lower P/E can indicate that a company is undervalued, it can also suggest that shareholders do not expect future growth. Additionally, the P/E ratio should not be used in isolation, as other factors such as industry trends and business cycles can also impact a company's stock price. Therefore, investors should use the P/E ratio in conjunction with other financial metrics and qualitative analysis to make informed investment decisions.

Price Over Earnings Overview: Core Molding Technologies

Regarding breaking into the top 1% of earners in the U.S., location matters just as much as income. With their iconic financial hubs and booming industries, states like New York and California are often at the center of the conversation about wealth.
So, which <a href="https://www.benzinga.com/personal-finance/24/05/39069576/are-you-rich-heres-the-net-worth-you-need-to-be-poor-middle-class-and-wealthy">state demands a higher paycheck</a> to reach this elite group? California, according to the latest data from GoBankingRates.
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<li><a href="https://www.benzinga.com/money/are-you-rich">Are you rich?</a> Here&#8217;s what Americans think you need to be considered wealthy.</li>
</ul>
<h2 class="wp-block-heading">The Numbers: California vs. New York</h2>
<ul>
<li>California: You'll need an income of $1,072,248 annually to crack the top 1%.</li>
<li>New York: A slightly lower threshold of $999,747 will put you in the same category.</li>
</ul>
California's higher bar is largely due to its <a href="https://www.benzinga.com/news/24/11/42154628/larry-page-google-co-founder-said-hed-leave-his-fortune-to-elon-musk-over-charity-because-of-his-plans-to-go-to-mars-to-back-up-humanity">tech billionaires</a>, sky-high living costs and the ultracompetitive job market. While still costly, New York has a more diverse economy and income spread that keeps its threshold just under the million-dollar mark.
<h2 class="wp-block-heading">Housing Market Comparison</h2>
Housing costs are a major factor influencing the income requirements in both states:
<ul>
<li>California: The median home price is $869,000 as of 2024, according to Redfin.</li>
<li>New York: The median home price is significantly lower at $522,000.</li>
</ul>
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<h2 class="wp-block-heading">Average Salaries</h2>
While the income required to join the top 1% is in the seven-figure range, <a href="https://www.benzinga.com/personal-finance/financial-advisors/24/01/36665585/how-much-money-do-you-need-to-make-to-be-among-the-top-1-5-or-10-based-on-inc">average salaries </a>are far more modest:
California: The average salary is $62,038, according to ZipRecruiter.
New York: The average salary is $51,979, reflecting the state's larger proportion of middle-income earners.
<h2 class="wp-block-heading">Cost of Living Comparison</h2>
California edges out New York as the more expensive state overall, according to MyLifeElsewhere:
<ul>
<li>Overall, California is 8.0% more expensive.</li>
<li>Housing: Costs are 24.0% higher in California.</li>
<li>Transportation: California is 3.0% more expensive.</li>
<li>Groceries: Slightly cheaper in California, by 1.2%.</li>
</ul>
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<h2 class="wp-block-heading">The Big Picture: How They Stack Up Nationally</h2>
Despite their high costs, neither California nor New York tops the national list for the 1% threshold. That title belongs to Connecticut, where you need a staggering $1,192,947 annually to join the wealthiest ranks.
Other states requiring over $1 million include:
Massachusetts: $1,152,992
Washington: $1,024,599
New Jersey: $1,010,101
<h2 class="wp-block-heading">The Takeaway</h2>
California may require a higher income to join the top 1%. Still, both states share a common challenge: living costs and income inequality make financial success difficult even for middle-class earners. While the top 1% income thresholds are jaw-dropping, they highlight how wide the gap between average salaries and elite earners is.
If you're aiming for financial stability – or dreaming of the 1% – it's worth evaluating the economic realities of your location. Housing, taxes and overall costs can dramatically impact your journey to wealth.&nbsp;
For a more tailored approach to managing your finances and setting realistic goals, <a href="https://www.benzinga.com/money/can-you-guess-how-many-americans-successfully-retire-with-1-million-saved">consulting a financial advisor</a> can help you navigate these challenges and find opportunities to thrive, no matter where you live.
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</ul>

Personal Finance

Which State Requires a Higher Income to Join the Richest 1% – New York or California?

In the current session, the stock is trading at $74.10, after a 0.78% spike. Over the past month, Banner Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BANR#NASDAQ">BANR</a>) stock increased by 2.24%, and in the past year, by 51.96%. With performance like this, long-term shareholders are optimistic but others are more likely to look into the price-to-earnings ratio to see if the stock might be overvalued.

<img src="https://www.benzinga.com/files/images/story/2024/1733516124_0.png" alt="Past Year Chart" />

<h3>Evaluating Banner P/E in Comparison to Its Peers</h3>
The P/E ratio is used by long-term shareholders to assess the company's market performance against aggregate market data, historical earnings, and the industry at large. A lower P/E could indicate that shareholders do not expect the stock to perform better in the future or it could mean that the company is undervalued. 
Compared to the aggregate P/E ratio of the 25.32 in the Banks industry, Banner Inc. has a lower P/E ratio of 15.38. Shareholders might be inclined to think that the stock might perform worse than it's industry peers. It's also possible that the stock is undervalued. 

<img src="https://www.benzinga.com/files/images/story/2024/1733516124_1.png" alt="Guage" />

In conclusion, the price-to-earnings ratio is a useful metric for analyzing a company's market performance, but it has its limitations. While a lower P/E can indicate that a company is undervalued, it can also suggest that shareholders do not expect future growth. Additionally, the P/E ratio should not be used in isolation, as other factors such as industry trends and business cycles can also impact a company's stock price. Therefore, investors should use the P/E ratio in conjunction with other financial metrics and qualitative analysis to make informed investment decisions.

BANR

A Look Into Banner Inc's Price Over Earnings

Deep-pocketed investors have adopted a bullish approach towards Okta (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/OKTA#NASDAQ">OKTA</a>), and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in OKTA usually suggests something big is about to happen.
We gleaned this information from our observations today when Benzinga's options scanner highlighted 8 extraordinary options activities for Okta. This level of activity is out of the ordinary.
The general mood among these heavyweight investors is divided, with 50% leaning bullish and 50% bearish. Among these notable options, 2 are puts, totaling $84,477, and 6 are calls, amounting to $258,420.
<h3>Predicted Price Range</h3>
After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $80.0 and $100.0 for Okta, spanning the last three months.
<h3>Analyzing Volume &amp; Open Interest</h3>
In today's trading context, the average open interest for options of Okta stands at 1574.83, with a total volume reaching 5,359.00. The accompanying chart delineates the progression of both call and put option volume and open interest for high-value trades in Okta, situated within the strike price corridor from $80.0 to $100.0, throughout the last 30 days.
<h3>Okta Option Volume And Open Interest Over Last 30 Days</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1733516081_0.png" alt="Options Call Chart" />
<h3>Noteworthy Options Activity:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>OKTA</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>12/13/24</td>
<td>$0.26</td>
<td>$0.22</td>
<td>$0.23</td>
<td>$90.00</td>
<td>$73.6K</td>
<td>3.8K</td>
<td>4.2K</td>
</tr>
<tr>
<td>OKTA</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>05/16/25</td>
<td>$8.85</td>
<td>$8.75</td>
<td>$8.85</td>
<td>$85.00</td>
<td>$50.4K</td>
<td>138</td>
<td>81</td>
</tr>
<tr>
<td>OKTA</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>02/21/25</td>
<td>$8.3</td>
<td>$8.2</td>
<td>$8.3</td>
<td>$80.00</td>
<td>$44.8K</td>
<td>1.7K</td>
<td>74</td>
</tr>
<tr>
<td>OKTA</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>12/06/24</td>
<td>$4.25</td>
<td>$4.15</td>
<td>$4.15</td>
<td>$80.00</td>
<td>$41.5K</td>
<td>1.0K</td>
<td>456</td>
</tr>
<tr>
<td>OKTA</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/16/26</td>
<td>$11.5</td>
<td>$11.05</td>
<td>$11.35</td>
<td>$100.00</td>
<td>$39.7K</td>
<td>1.1K</td>
<td>35</td>
</tr>
</tbody>
</table>

<h3>About Okta</h3>
Okta is a cloud-native security company that focuses on identity and access management. The San Francisco-based firm went public in 2017 and focuses on two key client stakeholder groups: workforces and customers. Okta's workforce offerings enable a company's employees to securely access its cloud-based and on-premises resources. The firm's customer offerings allow its clients' customers to securely access the client's applications.
Having examined the options trading patterns of Okta, our attention now turns directly to the company. This shift allows us to delve into its present market position and performance
<h3>Where Is Okta Standing Right Now?</h3>
<ul>
<li>With a volume of 3,895,289, the price of OKTA is up 0.43% at $83.87. </li>
<li>RSI indicators hint that the underlying stock may be approaching overbought.</li>
<li>Next earnings are expected to be released in 82 days.</li>
</ul>
<h3>What The Experts Say On Okta</h3>
5 market experts have recently issued ratings for this stock, with a consensus target price of $103.6.
Unusual Options Activity Detected: Smart Money on the Move
Benzinga Edge's Unusual Options board spots potential market movers before they happen. See what positions big money is taking on your favorite stocks. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=Be8be9arja3be22bz20&amp;utm_source=benzinga-insights">Click here for access</a>. 
&#x2A; Consistent in their evaluation, an analyst from Stifel keeps a Buy rating on Okta with a target price of $115. 
&#x2A; Maintaining their stance, an analyst from JP Morgan continues to hold a Neutral rating for Okta, targeting a price of $85. 
&#x2A; In a cautious move, an analyst from Truist Securities downgraded its rating to Hold, setting a price target of $92. 
&#x2A; In a cautious move, an analyst from Guggenheim downgraded its rating to Buy, setting a price target of $130. 
&#x2A; Consistent in their evaluation, an analyst from Scotiabank keeps a Sector Perform rating on Okta with a target price of $96. 
Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for Okta with <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> for real-time alerts.

OKTA

Okta's Options: A Look at What the Big Money is Thinking

Investors with a lot of money to spend have taken a bullish stance on Oracle (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ORCL#NYSE">ORCL</a>).
And retail traders should know.
We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga.
Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with ORCL, it often means somebody knows something is about to happen.
So how do we know what these investors just did? 
Today, <a href="https://pro.benzinga.com/?utm_source=insights">Benzinga</a>'s options scanner spotted 47 uncommon options trades for Oracle.
This isn't normal.
The overall sentiment of these big-money traders is split between 48% bullish and 34%, bearish.
Out of all of the special options we uncovered, 14 are puts, for a total amount of $1,154,873, and 33 are calls, for a total amount of $2,677,892.
<h3>What's The Price Target?</h3>
Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $150.0 to $230.0 for Oracle during the past quarter. 
<h3>Volume &amp; Open Interest Development</h3>
Examining the volume and open interest provides crucial insights into stock research. This information is key in gauging liquidity and interest levels for Oracle's options at certain strike prices. Below, we present a snapshot of the trends in volume and open interest for calls and puts across Oracle's significant trades, within a strike price range of $150.0 to $230.0, over the past month.
<h3>Oracle 30-Day Option Volume &amp; Interest Snapshot</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1733516076_0.png" alt="Options Call Chart" />
<h3>Biggest Options Spotted:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th align="right">Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>ORCL</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>02/21/25</td>
<td>$6.35</td>
<td>$6.05</td>
<td>$6.26</td>
<td>$210.00</td>
<td>$281.7K</td>
<td>1.2K</td>
<td align="right">793</td>
</tr>
<tr>
<td>ORCL</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/16/26</td>
<td>$53.5</td>
<td>$52.9</td>
<td>$53.32</td>
<td>$150.00</td>
<td>$266.6K</td>
<td>1.3K</td>
<td align="right">50</td>
</tr>
<tr>
<td>ORCL</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>12/13/24</td>
<td>$2.9</td>
<td>$2.85</td>
<td>$2.85</td>
<td>$175.00</td>
<td>$206.6K</td>
<td>1.5K</td>
<td align="right">980</td>
</tr>
<tr>
<td>ORCL</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/15/27</td>
<td>$39.85</td>
<td>$37.0</td>
<td>$39.05</td>
<td>$190.00</td>
<td>$195.2K</td>
<td>107</td>
<td align="right">50</td>
</tr>
<tr>
<td>ORCL</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>12/20/24</td>
<td>$18.15</td>
<td>$17.9</td>
<td>$18.15</td>
<td>$205.00</td>
<td>$181.4K</td>
<td>223</td>
<td align="right">100</td>
</tr>
</tbody>
</table>

<h3>About Oracle</h3>
Oracle provides database technology and enterprise resource planning, or ERP, software to enterprises around the world. Founded in 1977, Oracle pioneered the first commercial SQL-based relational database management system. Today, Oracle has more than 400,000 customers in 175 countries.
In light of the recent options history for Oracle, it's now appropriate to focus on the company itself. We aim to explore its current performance.
<h3>Current Position of Oracle</h3>
<ul>
<li>With a volume of 6,956,769, the price of ORCL is up 3.11% at $192.03. </li>
<li>RSI indicators hint that the underlying stock may be approaching overbought.</li>
<li>Next earnings are expected to be released in 3 days.</li>
</ul>
<h3>What The Experts Say On Oracle</h3>
4 market experts have recently issued ratings for this stock, with a consensus target price of $201.25.
Unusual Options Activity Detected: Smart Money on the Move
Benzinga Edge's Unusual Options board spots potential market movers before they happen. See what positions big money is taking on your favorite stocks. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=Be8be9arja3be22bz20&amp;utm_source=benzinga-insights">Click here for access</a>. 
&#x2A; An analyst from Jefferies has decided to maintain their Buy rating on Oracle, which currently sits at a price target of $220. 
&#x2A; An analyst from RBC Capital downgraded its action to Sector Perform with a price target of $165. 
&#x2A; An analyst from Keybanc persists with their Overweight rating on Oracle, maintaining a target price of $200. 
&#x2A; An analyst from Guggenheim persists with their Buy rating on Oracle, maintaining a target price of $220. 
Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for Oracle with <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> for real-time alerts.

ORCL

Decoding Oracle's Options Activity: What's the Big Picture?

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