Oracle (ORCL) Stock Forecast & Price Target

$139.09

+1.27 (+0.92%)

(As of 07/26/2024 ET)

Oracle - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Moderate Buy
Based on 30 Analyst Ratings

Based on 30 Wall Street analysts who have issued ratings for Oracle in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 30 analysts, 13 have given a hold rating, and 17 have given a buy rating for ORCL.

Consensus Price Target

$145.83
4.85% Upside

High Forecast	$175.00
Average Forecast	$145.83
Low Forecast	$105.00

According to the 30 analysts' twelve-month price targets for Oracle, the average price target is $145.83. The highest price target for ORCL is $175.00, while the lowest price target for ORCL is $105.00. The average price target represents a forecasted upside of 4.85% from the current price of $139.09.

Type	Current Forecast 7/27/23 to 7/26/24	1 Month Ago 6/27/23 to 6/26/24	3 Months Ago 4/28/23 to 4/27/24	1 Year Ago 7/27/22 to 7/27/23
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy	Moderate Buy
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	17 Buy rating(s)	17 Buy rating(s)	14 Buy rating(s)	12 Buy rating(s)
Hold	13 Hold rating(s)	13 Hold rating(s)	10 Hold rating(s)	10 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	$145.83	$145.83	$130.76	$119.37
Forecasted Upside	4.85% Upside	13.89% Upside	12.29% Upside	22.23% Upside

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ORCL Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

ORCL Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Oracle Stock vs. The Competition

Type	Oracle	Computer and Technology Companies	S&P 500
Consensus Rating Score	2.57	2.61	2.50
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy
Predicted Upside	4.85% Upside	554.01% Upside	9.15% Upside
News Sentiment Rating	Positive News	Positive News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
7/12/2024	Piper Sandler 2 of 5 stars		Reiterated Rating	Overweight ➝ Overweight	$150.00 ➝ $150.00	+4.49%
6/25/2024	Morgan Stanley 3 of 5 stars		Reiterated Rating	Equal Weight ➝ Equal Weight	$125.00 ➝ $125.00	-9.84%
6/25/2024	Guggenheim 3 of 5 stars		Reiterated Rating	Buy ➝ Buy	$175.00 ➝ $175.00	+26.80%
6/18/2024	Argus Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$145.00 ➝ $159.00	+11.83%
6/17/2024	Deutsche Bank Aktiengesellschaft Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$150.00 ➝ $165.00	+18.39%
6/17/2024	Mizuho Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$160.00 ➝ $170.00	+23.07%
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6/17/2024	BMO Capital Markets Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Market Perform ➝ Market Perform	$142.00 ➝ $160.00	+15.83%
6/12/2024	Sanford C. Bernstein Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Outperform ➝ Outperform	$159.00 ➝ $171.00	+22.93%
6/12/2024	DA Davidson Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Neutral ➝ Neutral	$105.00 ➝ $105.00	-24.27%
6/12/2024	UBS Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$150.00 ➝ $160.00	+29.23%
6/12/2024	Evercore ISI Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Outperform ➝ Outperform	$145.00 ➝ $160.00	+29.23%
6/12/2024	Stifel Nicolaus Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Hold ➝ Hold	$120.00 ➝ $135.00	+9.04%
6/12/2024	Bank of America Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Neutral ➝ Neutral	$144.00 ➝ $155.00	+25.19%
6/12/2024	KeyCorp Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Overweight ➝ Overweight	$150.00 ➝ $165.00	+33.27%
6/12/2024	TD Cowen Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$145.00 ➝ $165.00	+33.27%
6/12/2024	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Neutral ➝ Neutral	$105.00 ➝ $110.00	-11.15%
6/11/2024	JMP Securities Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Market Perform
6/10/2024	Citigroup Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Neutral ➝ Neutral	$133.00 ➝ $128.00	+2.94%
4/18/2024	Oppenheimer Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Market Perform
3/13/2024	HSBC Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$144.00 ➝ $155.00	+21.42%
3/13/2024	The Goldman Sachs Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Neutral ➝ Neutral	$115.00 ➝ $130.00	+1.83%
3/12/2024	William Blair Subscribe to MarketBeat All Access for the recommendation accuracy rating	S. Naji Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Market Perform ➝ Outperform
12/22/2023	Erste Group Bank Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Buy ➝ Hold
12/12/2023	Wolfe Research Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Outperform ➝ Outperform	$140.00 ➝ $130.00	+12.96%
11/13/2023	Edward Jones Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Hold ➝ Buy
9/21/2023	Berenberg Bank Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Hold ➝ Hold	$82.50 ➝ $110.00	-2.54%
9/14/2023	DZ Bank Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Hold ➝ Buy	$125.00	+11.77%
9/12/2023	Monness Crespi & Hardt Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Buy ➝ Neutral
9/12/2023	Barclays Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Overweight ➝ Overweight	$150.00 ➝ $147.00	+16.01%
9/7/2023	Jefferies Financial Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$135.00 ➝ $145.00	+16.64%
6/13/2023	VNET Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Maintains
3/15/2023	Credit Suisse Group Subscribe to MarketBeat All Access for the recommendation accuracy rating	Sami Badri Subscribe to MarketBeat All Access for the recommendation accuracy rating	Set Target	Outperform	$115.00	+36.00%
3/10/2023	Societe Generale Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Buy ➝ Hold
12/13/2022	Cowen Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Outperform	$98.00 ➝ $96.00	+17.47%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Friday at 08:57 PM ET.

ORCL Forecast - Frequently Asked Questions

What is Oracle's forecast for 2024?: According to the research reports of 30 Wall Street equities research analysts, the average twelve-month stock price forecast for Oracle is $145.83, with a high forecast of $175.00 and a low forecast of $105.00.
Should I buy or sell Oracle stock right now?: 30 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Oracle in the last twelve months. There are currently 13 hold ratings and 17 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" ORCL shares.
Does Oracle's stock price have much upside?: According to analysts, Oracle's stock has a predicted upside of 13.16% based on their 12-month stock forecasts.
What analysts cover Oracle?: Oracle has been rated by research analysts at Argus, Bank of America, BMO Capital Markets, Citigroup, DA Davidson, Deutsche Bank Aktiengesellschaft, Evercore ISI, Guggenheim, JMP Securities, JPMorgan Chase & Co., KeyCorp, Mizuho, Morgan Stanley, Piper Sandler, Sanford C. Bernstein, Stifel Nicolaus, TD Cowen, and UBS Group in the past 90 days.
Do Wall Street analysts like Oracle more than its competitors?: Analysts like Oracle less than other "computer and technology" companies. The consensus rating score for Oracle is 2.57 while the average consensus rating score for "computer and technology" companies is 2.61. Learn more on how ORCL compares to other companies.