Oracle - ORCL Stock Forecast, Price & News

23 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Oracle in the last twelve months. There are currently 1 sell rating, 9 hold ratings and 13 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" ORCL shares.
View ORCL analyst ratings or view top-rated stocks.

23 analysts have issued 1-year price targets for Oracle's shares. Their ORCL share price forecasts range from $70.00 to $120.00. On average, they predict the company's share price to reach $92.54 in the next twelve months. This suggests a possible upside of 3.3% 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 start of the year. Since then, ORCL stock has increased by 9.6% and is now trading at $89.62.
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Oracle saw a drop in short interest in December. As of December 30th, there was short interest totaling 13,370,000 shares, a drop of 17.2% from the December 15th total of 16,150,000 shares. Based on an average daily trading volume, of 8,120,000 shares, the short-interest ratio is currently 1.6 days. Currently, 0.9% 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, March 9th 2023.
View our ORCL earnings forecast.

Oracle Co. (NYSE:ORCL) posted its quarterly earnings data on Monday, December, 12th. The enterprise software provider reported $0.95 earnings per share for the quarter, missing the consensus estimate of $0.97 by $0.02. The enterprise software provider earned $12.28 billion during the quarter, compared to analysts' expectations of $12.01 billion. Oracle had a negative trailing twelve-month return on equity of 189.46% and a net margin of 19.09%. Oracle's quarterly revenue was up 18.5% on a year-over-year basis. During the same period in the prior year, the business posted $1.21 earnings per share.
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Oracle declared a quarterly dividend on Monday, December 12th. Shareholders of record on Tuesday, January 10th will be paid a dividend of $0.32 per share on Tuesday, January 24th. This represents a $1.28 annualized dividend and a dividend yield of 1.43%. The ex-dividend date of this dividend is Monday, January 9th.
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 1.43%. The dividend payout ratio is 40.13%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, ORCL will have a dividend payout ratio of 28.26% 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 authorized a stock buyback program 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 shares through open market purchases. Shares buyback programs are generally an indication that the company's management believes its shares are undervalued.

Oracle updated its third quarter 2023 earnings guidance on Tuesday, December, 13th. The company provided earnings per share (EPS) guidance of $1.17-$1.21 for the period, compared to the consensus estimate of $1.24. The company issued revenue guidance of $12.30 billion-$12.51 billion, compared to the consensus revenue estimate of $12.34 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 number of retail and institutional investors. Top institutional shareholders include Fisher Asset Management LLC (0.66%), Parnassus Investments LLC (0.44%), Sumitomo Mitsui Trust Holdings Inc. (0.17%), New York State Common Retirement Fund (0.11%), Fort Washington Investment Advisors Inc. OH (0.10%) and Natixis Advisors L.P. (0.08%). Insiders that own company stock include 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.
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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 $89.62.

Oracle (NYSE:ORCL) has a market capitalization of $241.64 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 $3.19 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.