Oracle - ORCL Stock Forecast, Price & News

27 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Oracle in the last twelve months. There are currently 1 sell rating, 16 hold ratings and 10 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" ORCL shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in ORCL, but not buy additional shares or sell existing shares.
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27 brokerages have issued 1 year target prices for Oracle's shares. Their ORCL share price forecasts range from $70.00 to $120.00. On average, they anticipate the company's stock price to reach $88.58 in the next year. This suggests a possible upside of 6.7% from the stock's current price.
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Oracle's stock was trading at $87.21 at the beginning of the year. Since then, ORCL shares have decreased by 4.8% and is now trading at $83.03.
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Oracle saw a increase in short interest during the month of October. As of October 31st, there was short interest totaling 16,350,000 shares, an increase of 30.3% from the October 15th total of 12,550,000 shares. Based on an average daily volume of 8,690,000 shares, the short-interest ratio is currently 1.9 days. Approximately 1.1% of the shares of the company are short sold.
View Oracle's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, December 8th 2022.
View our ORCL earnings forecast.

Oracle Co. (NYSE:ORCL) posted its quarterly earnings results on Monday, September, 12th. The enterprise software provider reported $0.81 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.88 by $0.07. The enterprise software provider had revenue of $11.45 billion for the quarter, compared to analysts' expectations of $11.44 billion. Oracle had a net margin of 13.15% and a negative trailing twelve-month return on equity of 161.07%. The business's quarterly revenue was up 17.7% compared to the same quarter last year. During the same period in the previous year, the business earned $0.87 EPS.
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Oracle announced a quarterly dividend on Monday, September 12th. Investors of record on Wednesday, October 12th will be given a dividend of $0.32 per share on Tuesday, October 25th. This represents a $1.28 dividend on an annualized basis and a dividend yield of 1.54%. The ex-dividend date of this dividend is Tuesday, October 11th.
Read our dividend analysis for ORCL.

Oracle (NYSE:ORCL) pays an annual dividend of $1.28 per share and currently has a dividend yield of 1.58%. The company has been increasing its dividend for 12 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 60.95%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, ORCL will have a dividend payout ratio of 27.23% 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 of Directors has authorized a share repurchase plan on Thursday, December 9th 2021, which authorizes the company to buyback $10,000,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to purchase up to 3.6% of its stock through open market purchases. Stock buyback plans are typically a sign that the company's management believes its stock is undervalued.

Oracle updated its second quarter 2023 earnings guidance on Tuesday, October, 11th. The company provided earnings per share guidance of $1.16-$1.20 for the period, compared to the consensus earnings per share estimate of $1.28. The company issued revenue guidance of $11.91 billion-$12.12 billion, compared to the consensus revenue estimate of $12.17 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."

Oracle's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (5.04%), BlackRock Inc. (4.21%), State Street Corp (2.28%), Fisher Asset Management LLC (0.65%), Massachusetts Financial Services Co. MA (0.56%) and Nuveen Asset Management LLC (0.56%). Insiders that own company stock include Bruce R Chizen, Charles W Moorman, Dorian Daley, Edward Screven, Jeffrey Berg, Jeffrey Henley, Lawrence Joseph Ellison, Michael J Boskin, Michael J Boskin, Naomi O Seligman, Naomi O Seligman, Renee Jo James, Rona Alison Fairhead, Safra Catz and W Corey West.
View institutional ownership trends.

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 $83.03.

Oracle (NYSE:ORCL) has a market capitalization of $223.86 billion and generates $42.44 billion in revenue each year. The enterprise software provider earns $6.72 billion in net income (profit) each year or $2.10 on an earnings per share basis.

The company employs 143,000 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.