S&P 500   5,061.82
DOW   37,735.11
QQQ   431.06
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Novo Nordisk Arms Wegovy to Be a Triple Threat
Vital Farms Rides the Pasture-Raised Egg Trend to the Bank
3 Energy Plays for Cash Flow: Buy 1 or Buy Them All
M&T Bank, Goldman Sachs rise; Salesforce, Tesla fall, Monday, 4/15/2024
When Will the Next Bull Market Be?
Global smartphone shipments climb nearly 8% in 1st quarter as Samsung retakes the lead
S&P 500   5,061.82
DOW   37,735.11
QQQ   431.06
5 Small-Cap Energy Stocks Surged in Price and Volume on Friday
Novo Nordisk Arms Wegovy to Be a Triple Threat
Vital Farms Rides the Pasture-Raised Egg Trend to the Bank
3 Energy Plays for Cash Flow: Buy 1 or Buy Them All
M&T Bank, Goldman Sachs rise; Salesforce, Tesla fall, Monday, 4/15/2024
When Will the Next Bull Market Be?
Global smartphone shipments climb nearly 8% in 1st quarter as Samsung retakes the lead
S&P 500   5,061.82
DOW   37,735.11
QQQ   431.06
5 Small-Cap Energy Stocks Surged in Price and Volume on Friday
Novo Nordisk Arms Wegovy to Be a Triple Threat
Vital Farms Rides the Pasture-Raised Egg Trend to the Bank
3 Energy Plays for Cash Flow: Buy 1 or Buy Them All
M&T Bank, Goldman Sachs rise; Salesforce, Tesla fall, Monday, 4/15/2024
When Will the Next Bull Market Be?
Global smartphone shipments climb nearly 8% in 1st quarter as Samsung retakes the lead
S&P 500   5,061.82
DOW   37,735.11
QQQ   431.06
5 Small-Cap Energy Stocks Surged in Price and Volume on Friday
Novo Nordisk Arms Wegovy to Be a Triple Threat
Vital Farms Rides the Pasture-Raised Egg Trend to the Bank
3 Energy Plays for Cash Flow: Buy 1 or Buy Them All
M&T Bank, Goldman Sachs rise; Salesforce, Tesla fall, Monday, 4/15/2024
When Will the Next Bull Market Be?
Global smartphone shipments climb nearly 8% in 1st quarter as Samsung retakes the lead
NYSE:ORCL

Oracle (ORCL) Stock Price, News & Analysis

$119.88
-1.23 (-1.02%)
(As of 04/15/2024 ET)
Today's Range
$119.44
$122.47
50-Day Range
$108.16
$129.24
52-Week Range
$93.29
$132.77
Volume
5.07 million shs
Average Volume
8.69 million shs
Market Capitalization
$329.49 billion
P/E Ratio
31.63
Dividend Yield
1.33%
Price Target
$130.76

Oracle MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.61 Rating Score
Upside/​Downside
9.1% Upside
$130.76 Price Target
Short Interest
Healthy
0.81% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-0.93
Upright™ Environmental Score
News Sentiment
0.90mentions of Oracle in the last 14 days
Based on 24 Articles This Week
Insider Trading
Selling Shares
$99.97 M Sold Last Quarter
Proj. Earnings Growth
12.16%
From $4.44 to $4.98 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.74 out of 5 stars

Computer And Technology Sector

45th out of 593 stocks

Prepackaged Software Industry

11th out of 199 stocks

ORCL stock logo

About Oracle Stock (NYSE:ORCL)

Oracle Corporation is a leading technology company developing software solutions for businesses worldwide. Founded in 1977 by Larry Ellison, Bob Miner, and Ed Oates, the company is headquartered in Austin, Texas and has a presence in over 175 countries. Oracle's primary focus is on providing cloud-based software as a service (SaaS), platform as a service (PaaS), and infrastructure as a service (IaaS) to its customers, helping them to streamline their operations and reduce costs.

The current management team at Oracle is led by Chief Executive Officer Safra Catz, who has been with the company since 1999 and served in several senior leadership positions before assuming her current role. Other key management team members include Chairman and Chief Technology Officer Larry Ellison, who co-founded the company, and Executive Vice President of Product Development, Steve Miranda. 

Oracle has reported slight growth in recent years, with its revenue around $40 billion in the last several years. Its net income has also been relatively stable over the past several years. The company's debt levels have remained relatively unchanged over the past few years. Oracle's current valuation metrics show that it trades at a price-to-earnings ratio and price-to-book ratio below the industry average. These valuation metrics suggest that the stock may be undervalued compared to its peers in the technology industry.

Regarding market performance, Oracle's stock has shown some volatility in recent years but has performed well. Its stock price has increased from around $44 in 2017 to $102 in 2022, although it has experienced some dips and spikes during that time. The company has also seen an increase in trading volume in recent years, indicating that it is attracting more investor interest.

Oracle operates in the highly competitive technology industry, competing with other software giants like Microsoft and Salesforce. The industry is constantly evolving, with new trends and innovations emerging regularly. One direction that has gained prominence in recent years is adopting cloud-based solutions, which have been a key focus for Oracle. The industry is also subject to regulatory and political pressures, which can impact the operations of companies operating in the space.

Oracle has identified several growth opportunities, including developing new products and services, expanding into new markets, and making strategic acquisitions. The company has recently announced plans to expand its cloud infrastructure footprint by adding new data centers in several countries. Additionally, Oracle has made several acquisitions in recent years, including its acquisition of NetSuite in 2016 and TikTok's US operations in 2020.

Like any company, Oracle faces risks and challenges that could impact its future growth and profitability. One significant risk is the changing preferences of consumers and businesses, which could affect the demand for its products and services. Additionally, increased regulatory scrutiny and competitive pressures could impact the company's operations.

ORCL Stock Price History

ORCL Stock News Headlines

Corporate IT Spending Rebounds Could Push Salesforce Stock Higher (ORCL)
Salesforce may be set to benefit from increasing corporate IT spending budgets, Wall Street thinks that EPS and price targets could rise by double-digits.
Nerd Investor Reveals Secret To Make Money With A.I.
He's doing something he's never done before. In ten years, this nerd investor has picked 210+ stocks that have gone up at least 100%.
Oracle Stock is Ready to Stage its Next Leg Higher
Oracle Co. NYSE: ORCL is a giant in the computer and technology sector that originally got its start as the leader in relational databases in the 1980s. The company has evolved into an enterprise software behemoth and a major cloud computing services provider.
Oracle Stock is Ready to Stage its Next Leg Higher
Oracle Co. (NYSE: ORCL) is a giant in the computer and technology sector that originally got its start as the leader in relational databases in the 1980s.
5 Undervalued AI Stocks and Why to Buy Them
Value is where you find it, and there is value among AI stocks. This is a look at five AI stocks with value for investors in one form or another.
5 Undervalued AI Stocks and Why to Buy Them (ORCL)
This is a look at five undervalued AI stocks that could rise by double-digits soon and triple-digits over the next two years.
Going Long Nvidia Still Makes Sense: Here’s Why (ORCL)
NVIDIA is a crowded trade with a risk of correction, but investors should embrace the dip (if it comes) and stay long in this trade: AI has legs.
Nerd Investor Reveals Secret To Make Money With A.I.
He's doing something he's never done before. In ten years, this nerd investor has picked 210+ stocks that have gone up at least 100%.
7 Must-Own Tech Stocks to Capitalize on the AI Frenzy
ORCL Jul 2024 105.000 call
Oracle (NYSE:ORCL) Stock Price Up 0.8%
3 Tech Stock Giants to Buy for Q2 2024
See More Headlines
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Company Calendar

Ex-Dividend for 1/25 Dividend
1/10/2024
Dividend Payable
1/25/2024
Last Earnings
3/11/2024
Ex-Dividend for 4/24 Dividend
4/09/2024
Today
4/15/2024
Dividend Payable
4/24/2024
Fiscal Year End
5/31/2024
Next Earnings (Estimated)
6/10/2024

Industry, Sector and Symbol

Industry
Prepackaged software
Sub-Industry
Systems Software
CUSIP
68389X10
Employees
164,000
Year Founded
1977

Price Target and Rating

Average Stock Price Target
$130.76
High Stock Price Target
$155.00
Low Stock Price Target
$100.00
Potential Upside/Downside
+8.8%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.61
Research Coverage
23 Analysts

Profitability

Net Income
$8.50 billion
Pretax Margin
21.08%

Debt

Sales & Book Value

Annual Sales
$49.95 billion
Cash Flow
$6.33 per share
Book Value
$0.57 per share

Miscellaneous

Outstanding Shares
2,748,500,000
Free Float
1,572,142,000
Market Cap
$330.31 billion
Optionable
Optionable
Beta
1.01

Social Links

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Should I Buy Oracle Stock? ORCL Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in Oracle:

  • Oracle offers a diverse range of cloud software applications, including Oracle Fusion cloud ERP and Oracle Fusion cloud human capital management, catering to various enterprise IT needs globally.
  • Recent developments in Oracle's cloud software as a service offerings, such as Oracle Fusion Sales, Service, and Marketing, showcase the company's commitment to innovation and staying competitive in the market.
  • Investors may find Oracle's stock price attractive, considering its recent performance and potential for growth in the enterprise software sector.
  • Oracle's NetSuite applications suite provides a comprehensive solution for businesses looking to streamline their operations and improve efficiency.
  • Oracle's focus on areas like healthcare with Oracle Cerner healthcare and advertising demonstrates the company's versatility and ability to tap into different industries.

Cons

Investors should be bearish about investing in Oracle for these reasons:

  • Oracle faces stiff competition in the cloud software market from other major players, which could impact its market share and profitability in the long run.
  • Concerns about the overall economic environment and potential slowdowns in IT spending could affect Oracle's revenue growth and financial performance.
  • Fluctuations in currency exchange rates and geopolitical uncertainties may pose risks to Oracle's international operations and revenue streams.
  • Investors need to closely monitor Oracle's ability to adapt to changing technology trends and customer preferences to ensure sustained growth and relevance in the market.
  • Regulatory challenges and compliance requirements in different regions could add complexity to Oracle's business operations and impact its bottom line.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Wednesday, April 10, 2024. Please send any questions or comments about these Oracle pros and cons to contact@marketbeat.com.

ORCL Stock Analysis - Frequently Asked Questions

Should I buy or sell Oracle stock right now?

23 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Oracle in the last year. There are currently 9 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.

What is Oracle's stock price target for 2024?

23 brokerages have issued 1 year price objectives for Oracle's stock. Their ORCL share price targets range from $100.00 to $155.00. On average, they expect the company's share price to reach $130.76 in the next twelve months. This suggests a possible upside of 9.1% from the stock's current price.
View analysts price targets for ORCL
or view top-rated stocks among Wall Street analysts.

How have ORCL shares performed in 2024?

Oracle's stock was trading at $105.43 at the start of the year. Since then, ORCL stock has increased by 13.7% and is now trading at $119.88.
View the best growth stocks for 2024 here
.

Are investors shorting Oracle?

Oracle saw a decrease in short interest in the month of March. As of March 31st, there was short interest totaling 12,960,000 shares, a decrease of 22.9% from the March 15th total of 16,810,000 shares. Based on an average daily trading volume, of 8,880,000 shares, the short-interest ratio is presently 1.5 days. Approximately 0.8% of the company's stock are sold short.
View Oracle's Short Interest
.

When is Oracle's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, June 10th 2024.
View our ORCL earnings forecast
.

How were Oracle's earnings last quarter?

Oracle Co. (NYSE:ORCL) released its quarterly earnings results on Monday, March, 11th. The enterprise software provider reported $1.41 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.37 by $0.04. The enterprise software provider had revenue of $13.28 billion for the quarter, compared to analyst estimates of $13.29 billion. Oracle had a trailing twelve-month return on equity of 336.11% and a net margin of 20.27%. The company's quarterly revenue was up 7.1% compared to the same quarter last year. During the same period in the prior year, the company posted $0.96 EPS.
Read the conference call transcript
.

How often does Oracle pay dividends? What is the dividend yield for Oracle?

Oracle announced a quarterly dividend on Monday, March 11th. Investors of record on Wednesday, April 10th will be given a dividend of $0.40 per share on Wednesday, April 24th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.33%. The ex-dividend date is Tuesday, April 9th.
Read our dividend analysis for ORCL
.

Is Oracle a good dividend stock?

Oracle (NYSE:ORCL) pays an annual dividend of $1.60 per share and currently has a dividend yield of 1.32%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 42.22%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, ORCL will have a dividend payout ratio of 32.13% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for ORCL.

What guidance has Oracle issued on next quarter's earnings?

Oracle issued an update on its fourth quarter 2024 earnings guidance on Tuesday, March, 12th. The company provided earnings per share guidance of 1.620-1.660 for the period, compared to the consensus estimate of 1.640. The company issued revenue guidance of $14.4 billion-$14.7 billion, compared to the consensus revenue estimate of $14.8 billion.

What is Safra A. Catz's approval rating as Oracle's CEO?

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.

What other stocks do shareholders of Oracle own?

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).

Who are Oracle's major shareholders?

Oracle's stock is owned by many different retail and institutional investors. Top institutional shareholders include IMC Chicago LLC (0.00%), Douglas Lane & Associates LLC (0.02%), Confluence Investment Management LLC (0.02%), Gateway Investment Advisers LLC (0.02%), CWM LLC (0.01%) and Czech National Bank (0.01%). Insiders that own company stock include Charles W Moorman, Dorian Daley, Edward Screven, George H Conrades, 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 and Safra Catz.
View institutional ownership trends
.

How do I buy shares of Oracle?

Shares of ORCL stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Does Oracle have any subsidiaries?
The following companies are subsidiares of Oracle: 360Commerce, ATG (Art Technology Group), Acme Packet, Aconex, Active Reasoning, AddThis, Adi Insights, AdminServer, Advanced Visual Technology, Agile Software, AmberPoint, Apiary, Appforge, BEA Systems, Bharosa, BigMachines, Bitzer Mobile, BlueKai, Bridgestream, Captovation, Carleton Corporation, Cerner, ClearApp, ClearTrial, CloudMonkey, Collaxa, Collective Intellect, Compendium, Conformia Software, Context Media, Convergin, Corente, Crosswise, CrowdTwist, DataFox, DataRaker, DataScaler, DataScience.com, Datalogix, Datanomic, Delphi Asset Management Corporation, Demantra, Digital Equipment Corporation - Rdb Division, Dyn, E-Travel, Eloqua, Empirix - e-TEST Suite Products, Endeca, FarApp, Fatwire, Federos, Filefish, Front Porch Digital, G-Log, Geodan EDT, Global Knowledge Software, GloriaFood, GoAhead Software, GoldenGate Software, Grapeshot, GreenBytes, Haley Limited, Hotsip, HyperRoll, Hyperion Solutions, IRI Software, InQuira, Indicast Corporation, Innobase, Instantis, Interlace Systems, Involver, Iridize, Istante Software, Ksplice, LODESTAR Corporation, LiveData Utilities, LiveLOOK, LiveLoop, LogFire, LogicalApps, MICROS Systems, Market2Lead, Maxymiser, MetaSolv, Moat, Moniforce, Net4Call, NetForce, NetSuite, Netsure Telecom, Nimbula, Nirvanix, Nor1, OCAPAC Holding Company UC, OCAPAC Research Partner UC, Oblix, Octetstring, Opower, Oracle America Inc., Oracle Canada ULC, Oracle Corporation Japan, Oracle Corporation UK Limited, Oracle Deutschland B.V. & Co. KG, Oracle EMEA & CAPAC Holdings Limited, Oracle EMEA Holdings Limited, Oracle EMEA Limited, Oracle Global Holdings Inc., Oracle Global Partners, Oracle International Corporation, Oracle International Group Limited, Oracle International Holdings Limited, Oracle Japan Holding Inc., Oracle Software GmbH, Oracle Switzerland GmbH US Branch, Oracle Systems Corporation, Oxygen Systems, Palerra, Passlogix, PeopleSoft, Phase Forward, Pillar Data Systems, Portal Software, Primavera Systems, ProfitLogic, Ravello Systems, Relsys International, Responsys, Retek, RightNow Technologies, RuleBurst Holdings, SPL WorldGroup, Sauce Video, Secerno, SelectMinds, Siebel Systems, Sigma Dynamics, Silver Creek Systems, SiteWorks Solutions, Skire, Skywire Software, Sleepycat Software, Sophoi, SparklineData, StackEngine, Stellent, Steltor, StorageTek International Corporation, Sun Microsystems, Sunopsis, TOA Technologies, Tacit Software, Talari Networks, Taleo, Tangosol, Tekelec International, Telephony@Work, Temposoft, Textura, Thinking Machines Corporation, Thor Technologies, TimesTen, Tinoway, TopLink, Treasury Services Corporation, TripleHop Technologies, Verenia, Virtual Iron Software, Vitrue, Vocado, Wercker, Xsigo, Xsigo Systems, ZENEDGE, eServGlobal - Assets, goBalto, i-flex Solutions, and mValent.
Read More
This page (NYSE:ORCL) was last updated on 4/16/2024 by MarketBeat.com Staff

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