Oracle (ORCL) Stock Forecast, Price & News

26 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Oracle in the last twelve months. There are currently 12 hold ratings and 14 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" ORCL shares.
View ORCL analyst ratings or view top-rated stocks.

26 Wall Street analysts have issued twelve-month price targets for Oracle's stock. Their ORCL share price forecasts range from $93.00 to $150.00. On average, they anticipate the company's share price to reach $124.04 in the next twelve months. This suggests a possible upside of 17.1% from the stock's current price.
View analysts price targets for ORCL or view top-rated stocks among Wall Street analysts.

Oracle's stock was trading at $81.74 at the beginning of the year. Since then, ORCL stock has increased by 29.6% and is now trading at $105.92.
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The company is scheduled to release its next quarterly earnings announcement on Monday, December 11th 2023.
View our ORCL earnings forecast.

Oracle Co. (NYSE:ORCL) posted its quarterly earnings data on Monday, September, 11th. The enterprise software provider reported $1.19 earnings per share for the quarter, beating analysts' consensus estimates of $1.15 by $0.04. The enterprise software provider had revenue of $12.45 billion for the quarter, compared to the consensus estimate of $12.48 billion. Oracle had a net margin of 18.40% and a negative trailing twelve-month return on equity of 3,631.39%. The company's quarterly revenue was up 8.8% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.81 EPS.
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Oracle declared a quarterly dividend on Monday, September 11th. Investors of record on Thursday, October 12th will be paid a dividend of $0.40 per share on Thursday, October 26th. This represents a $1.60 dividend on an annualized basis and a yield of 1.51%. The ex-dividend date is Wednesday, October 11th.
Read our dividend analysis for ORCL.

ETFs with the largest weight of Oracle (NYSE:ORCL) stock in their portfolio include iShares Expanded Tech-Software Sector ETF (IGV), Direxion Daily S&P Expanded Tech Software Sector Bull 2X Shares (SWAR), Direxion Daily Cloud Computing Bull 2x (CLDL), Fidelity Cloud Computing ETF (FCLD), Monarch Blue Chips Core ETF (MBCC), iShares U.S. Tech Independence Focused ETF (IETC), Natixis U.S. Equity Opportunities ETF (EQOP) and First Trust NASDAQ Technology Dividend Index Fund (TDIV).

Oracle (NYSE:ORCL) pays an annual dividend of $1.60 per share and currently has a dividend yield of 1.53%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 47.62%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, ORCL will have a dividend payout ratio of 31.68% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for ORCL.

Oracle declared that its board has initiated a share buyback program on Thursday, December 9th 2021, which authorizes the company to repurchase $10,000,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to repurchase up to 3.6% of its stock through open market purchases. Stock repurchase programs are often an indication that the company's leadership believes its stock is undervalued.

Oracle updated its second quarter 2024 earnings guidance on Tuesday, September, 12th. The company provided EPS guidance of $1.30-$1.34 for the period, compared to the consensus earnings per share estimate of $1.25. The company issued revenue guidance of $12.89 billion-$13.13 billion, compared to the consensus revenue estimate of $13.29 billion.

1,888 employees have rated Oracle Chief Executive Officer Safra A. Catz on Glassdoor.com. Safra A. Catz has an approval rating of 78% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other Oracle investors own include Intel (INTC), Cisco Systems (CSCO), NVIDIA (NVDA), Walt Disney (DIS), AT&T (T), Bank of America (BAC), Micron Technology (MU), Alibaba Group (BABA), QUALCOMM (QCOM) and Netflix (NFLX).

Oracle trades on the New York Stock Exchange (NYSE) under the ticker symbol "ORCL."

Shares of ORCL stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of ORCL stock can currently be purchased for approximately $105.92.

Oracle (NYSE:ORCL) has a market capitalization of $290.16 billion and generates $49.95 billion in revenue each year. The enterprise software provider earns $8.50 billion in net income (profit) each year or $3.36 on an earnings per share basis.

The company employs 164,000 workers across the globe.

Oracle's mailing address is 500 ORACLE PARKWAY, REDWOOD CITY CA, 94065. The official website for the company is www.oracle.com. The enterprise software provider can be reached via phone at (737) 867-1000, via email at investor_us@oracle.com, or via fax at 650-506-7200.