Oracle (ORCL) Stock Forecast, Price & News

21 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Oracle in the last year. There are currently 10 hold ratings and 11 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" ORCL shares.
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21 equities research analysts have issued 12-month price targets for Oracle's shares. Their ORCL share price forecasts range from $82.50 to $150.00. On average, they anticipate the company's stock price to reach $119.37 in the next year. This suggests a possible upside of 5.6% 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 38.3% and is now trading at $113.06.
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Oracle saw a drop in short interest in July. As of July 15th, there was short interest totaling 13,940,000 shares, a drop of 14.8% from the June 30th total of 16,360,000 shares. Based on an average daily trading volume, of 10,310,000 shares, the days-to-cover ratio is currently 1.4 days. Approximately 0.9% of the shares of the stock are short sold.
View Oracle's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Monday, September 11th 2023.
View our ORCL earnings forecast.

Oracle Co. (NYSE:ORCL) released its quarterly earnings data on Monday, June, 12th. The enterprise software provider reported $1.67 EPS for the quarter, topping analysts' consensus estimates of $1.58 by $0.09. The enterprise software provider had revenue of $13.84 billion for the quarter, compared to analysts' expectations of $13.74 billion. Oracle had a negative trailing twelve-month return on equity of 470.73% and a net margin of 17.02%. The business's quarterly revenue was up 16.9% compared to the same quarter last year. During the same period last year, the company posted $1.31 EPS.
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Oracle declared a quarterly dividend on Monday, June 12th. Investors of record on Wednesday, July 12th will be given a dividend of $0.40 per share on Wednesday, July 26th. This represents a $1.60 annualized dividend and a yield of 1.42%. The ex-dividend date of this dividend is Tuesday, July 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 1.42%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 52.29%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, ORCL will have a dividend payout ratio of 31.50% 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 share repurchase program on Thursday, December 9th 2021, which allows the company to repurchase $10,000,000,000.00 in shares, according to EventVestor. This repurchase authorization allows the company to purchase up to 3.6% of its shares through open market purchases. Shares repurchase programs are usually a sign that the company's leadership believes its shares are undervalued.

Oracle updated its first quarter 2024 earnings guidance on Tuesday, June, 13th. The company provided earnings per share guidance of $1.12-$1.16 for the period, compared to the consensus EPS estimate of $1.14. The company issued revenue guidance of $12.36 billion-$12.59 billion, compared to the consensus revenue estimate of $12.32 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 investors include Bank Julius Baer & Co. Ltd Zurich (41.37%), BlackRock Inc. (4.44%), Geode Capital Management LLC (1.07%), Fisher Asset Management LLC (0.68%), Northern Trust Corp (0.67%) and Bank of New York Mellon Corp (0.57%). Insiders that own company stock include Charles W Moorman, Dorian Daley, Edward Screven, Jeffrey Berg, Jeffrey Henley, Lawrence Joseph Ellison, Maria Smith, 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 $113.06.

Oracle (NYSE:ORCL) has a market capitalization of $306.87 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 $3.06 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.