ORCL
Oracle Corporation
ORCL offers stronger valuation, but that advantage does not outweigh its weaker overall profile.
WDC
Western Digital Corporation
WDC has the edge over ORCL overall, supported by stronger fundamentals and stronger modeled upside.
ORCL Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Strong | |
| Weak | |
| Strong |
ORCL's revenue, profitability and balance sheet are currently healthy, but its cash flow is weak.
WDC Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Strong | |
| Strong | |
| Strong |
WDC's revenue, profitability, cash flow and balance sheet are all currently strong.
ORCL PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 15x | $127 | — |
| Cheap | 19x | $119 | -6.8% |
| Current | 20x | $127 | — |
| Fair | 30x | $189 | +49% |
| Expensive | 39x | $247 | +94% |
Historical ranges are pointers, not guarantees.
ORCL has the edge over WDC in the historical PE scenario, which offers more potential upside but is not a forecast.
WDC PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 9.9x | $255 | -18% |
| Forward | 11x | $311 | — |
| Current | 12x | $311 | — |
| Fair | 19x | $487 | +56% |
| Expensive | 63x | $1,618 | +420% |
Historical ranges are pointers, not guarantees.
WDC's PE is in its cheap range at 12x, but its recent earnings include one-off gains. If earnings grow as analysts expect, today's price would be 11x next year's earnings.
ORCL Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Strong growth | |
| Strongly weakening | |
| Moderate | |
| High |
Analysts expect strong earnings and revenue growth for ORCL, but weaker profitability.
WDC Forward outlook
| Metric | Outlook |
|---|---|
| Improving | |
| Strong growth | |
| Strong growth | |
| Strongly improving | |
| Moderate | |
| Moderate |
WDC has the edge over ORCL on the outlook, with more favorable profitability expectations.
ORCL Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $8.53 | +34% |
| Q3 2026 | $6.38 | +48% |
| Q2 2026 | $5.83 | +34% |
| Q1 2026 | $5.57 | +31% |
| Q4 2025 | $5.32 | +30% |
| Q3 2025 | $4.32 | +11% |
| Q2 2025 | $4.34 | +17% |
| Q1 2025 | $4.26 | +12% |
| Q4 2024 | $4.09 | +13% |
ORCL's earnings per share have climbed steadily: $6.38 over the past year, up 48% from the year before, and higher year over year for 15 quarters in a row.
WDC Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $28.81 | +12% |
| Q3 2026 | $25.84 | +276% |
| Q2 2026 | $24.28 | +371% |
| Q1 2026 | $16.75 | +268% |
| Q4 2025 | $9.97 | +187% |
| Q3 2025 | $6.87 | +655% |
| Q2 2025 | $5.15 | +$7.76 |
| Q1 2025 | $4.55 | +$9.61 |
| Q4 2024 | $3.47 | +$10.69 |
WDC's earnings per share have climbed steadily: $25.84 over the past year, about four times what it earned the year before, and higher year over year for 10 quarters in a row. Its recent earnings include one-off gains.
ORCL Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $19.3B | +30% |
| Q2 2026 | $19.2B | +21% |
| Q1 2026 | $17.2B | +22% |
| Q4 2025 | $16.1B | +14% |
| Q3 2025 | $14.9B | +12% |
| Q2 2025 | $15.9B | +11% |
| Q1 2025 | $14.1B | +6.4% |
| Q4 2024 | $14.1B | +8.6% |
ORCL has the edge over WDC on sales, with more consistent year-over-year improvement.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 35% | +6.1 points |
| Q2 2026 | 32% | -0.2 points |
| Q1 2026 | 32% | +0.9 points |
| Q4 2025 | 29% | -0.6 points |
| Q3 2025 | 29% | -1.3 points |
| Q2 2025 | 32% | -0.7 points |
| Q1 2025 | 31% | +2.6 points |
| Q4 2024 | 30% | +2 points |
ORCL's operating margin was 35% last quarter, up 6.1 points from the same quarter a year ago.
WDC Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $4.4B | +55% |
| Q2 2026 | $3.7B | +44% |
| Q1 2026 | $3.3B | +45% |
| Q4 2025 | $3B | -30% |
| Q3 2025 | $2.8B | -31% |
| Q2 2025 | $2.6B | -31% |
| Q1 2025 | $2.3B | -34% |
| Q4 2024 | $4.3B | +41% |
WDC's revenue is growing: $4.4B last quarter, up 55% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 47% | +19 points |
| Q2 2026 | 42% | +16 points |
| Q1 2026 | 36% | +2.5 points |
| Q4 2025 | 30% | +10 points |
| Q3 2025 | 28% | +10 points |
| Q2 2025 | 26% | +20 points |
| Q1 2025 | 33% | +25 points |
| Q4 2024 | 20% | +27 points |
WDC has the edge over ORCL on profitability, with a higher operating margin.
ORCL Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$5.4B | -$5B |
| Q2 2026 | -$1.9B | +$1.1B |
| Q1 2026 | -$11.5B | -16275% |
| Q4 2025 | -$10B | -$7.3B |
| Q3 2025 | -$362M | -107% |
| Q2 2025 | -$2.9B | -189% |
| Q1 2025 | $71M | -98% |
| Q4 2024 | -$2.7B | -$1.7B |
ORCL has burned cash in seven of the last eight quarters: −$28.7B over the past year, against −$5.9B the year before.
WDC Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $1.4B | +130% |
| Q2 2026 | $1.3B | +90% |
| Q1 2026 | $978M | +158% |
| Q4 2025 | $653M | +128% |
| Q3 2025 | $599M | +$661M |
| Q2 2025 | $675M | +170% |
| Q1 2025 | $379M | +$418M |
| Q4 2024 | $287M | +$529M |
WDC has the edge over ORCL on cash generation, producing positive trailing cash flow while its opponent burns cash.
ORCL Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +3% | +86M shares |
| 1 year | +3.1% | +91M shares |
| 3 years | +6.3% | +177M shares |
| 5 years | +4.9% | +139M shares |
| Available history | -9.9% | -331M shares |
ORCL has 3B diluted shares, up 3.1% from a year ago.
| Quarter | Spent |
|---|---|
| Q2 2026 | — |
| Q1 2026 | — |
| Q4 2025 | — |
| Q3 2025 | $95M |
| Q2 2025 | $150M |
| Q1 2025 | $150M |
| Q4 2024 | $150M |
| Q3 2024 | $150M |
WDC Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.3% | +1M shares |
| 1 year | +2.1% | +8M shares |
| 3 years | +19% | +61M shares |
| 5 years | +22% | +68M shares |
| Available history | +29% | +86M shares |
WDC has the edge over ORCL on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $1B |
| Q2 2026 | $672M |
| Q1 2026 | $752M |
| Q4 2025 | $615M |
| Q3 2025 | $553M |
| Q2 2020 | — |
| Q1 2020 | — |
| Q4 2019 | — |
WDC spent $3B buying back its own shares over the past year.
ORCL Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -0.9x | Net Cash |
| Q2 2026 | 3.5x | Elevated |
| Q1 2026 | 0.5x | Very low |
| Q4 2025 | 0.3x | Very low |
| Q3 2025 | -0.1x | Net Cash |
| Q2 2025 | 3.7x | Elevated |
| Q1 2025 | 0.2x | Very low |
| Q4 2024 | 0.2x | Very low |
ORCL has the edge over WDC on leverage, with a lower net debt burden relative to earnings.
WDC Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -0.1x | Net Cash |
| Q2 2026 | -0.1x | Net Cash |
| Q1 2026 | -0.1x | Net Cash |
| Q4 2025 | 0.8x | Very low |
| Q3 2025 | 0.8x | Very low |
| Q2 2025 | 0.8x | Very low |
| Q1 2025 | 1.3x | Healthy |
| Q4 2024 | 1.9x | Healthy |
WDC has more cash than debt.
ORCL Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 41.9 | Neutral |
| Stochastic | 23.0 | Neutral |
ORCL's weekly RSI is 42 (neutral) and its Stochastic is 23 (neutral).
WDC Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 41.5 | Neutral |
| Stochastic | 11.2 | Oversold |
WDC's weekly RSI is 41 (neutral) and its Stochastic is 11 (oversold).
ORCL PE vs Technology Sector
| Metric | ORCL | Sector median | Relative |
|---|---|---|---|
| PE | 20x | 28x | 28% below |
| PE % | 28 | 35 | 7 pts below |
ORCL is trading at 20x earnings, a 28% discount to the Technology sector's median of 28x.
WDC PE vs Technology Sector
| Metric | WDC | Sector median | Relative |
|---|---|---|---|
| PE | 12x | 28x | 57% below |
| PE % | 28 | 35 | 7 pts below |
WDC has the edge over ORCL on valuation relative to its sector.
ORCL Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $131.1 | 3.1% below |
| 20 week MA | $137.6 | 7.7% below |
| 50 week MA | $160.3 | 21% below |
| 100 week MA | $181.4 | 30% below |
| 200 week MA | $151.9 | 16% below |
ORCL is in a downtrend: it's below all five of its weekly moving averages, and 16% below its 200-week average.
WDC Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $360.8 | 14% below |
| 20 week MA | $438.4 | 29% below |
| 50 week MA | $380.4 | 18% below |
| 100 week MA | $226.8 | 37% above |
| 200 week MA | $133.7 | 133% above |
WDC has the edge over ORCL on trend strength, trading above more of its moving averages.
ORCL Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $53.5 | $65.0 | +22% |
| 2021 | $65.0 | $89.7 | +38% |
| 2022 | $89.7 | $80.9 | -9.9% |
| 2023 | $80.9 | $105.4 | +30% |
| 2024 | $105.4 | $169.0 | +60% |
| 2025 | $169.0 | $198.0 | +17% |
| 2026 YTD | $198.0 | $127.1 | -36% |
ORCL is down 36% so far in 2026, after finishing higher in five of the previous six years.
WDC Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $47.0 | $37.7 | -20% |
| 2021 | $37.7 | $46.2 | +23% |
| 2022 | $46.2 | $23.1 | -50% |
| 2023 | $23.1 | $39.6 | +71% |
| 2024 | $39.6 | $45.9 | +16% |
| 2025 | $45.9 | $181.5 | +296% |
| 2026 YTD | $181.5 | $311.2 | +71% |
WDC has the edge over ORCL on returns for 2026, with the stronger performance.