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Oracle (ORCL) Stock Forecast & Price Target

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$183.71 -3.34 (-1.79%)
(As of 11/15/2024 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

Sell
0
Hold
11
Buy
18

Based on 29 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 29 analysts, 11 have given a hold rating, and 18 have given a buy rating for ORCL.

Consensus Price Target

$169.52
-7.72% Downside
According to the 29 analysts' twelve-month price targets for Oracle, the average price target is $169.52. The highest price target for ORCL is $210.00, while the lowest price target for ORCL is $120.00. The average price target represents a forecasted downside of -7.72% from the current price of $183.71.
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ORCL Analyst Ratings Over Time

TypeCurrent Forecast
11/17/23 to 11/16/24
1 Month Ago
10/18/23 to 10/17/24
3 Months Ago
8/19/23 to 8/18/24
1 Year Ago
11/17/22 to 11/17/23
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
18 Buy rating(s)
19 Buy rating(s)
17 Buy rating(s)
15 Buy rating(s)
Hold
11 Hold rating(s)
10 Hold rating(s)
13 Hold rating(s)
11 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$169.52$167.42$145.83$124.23
Forecasted Upside-7.72% Downside-4.68% Downside6.08% Upside7.68% Upside
Consensus Rating
Moderate Buy
Moderate Buy
Moderate Buy
Moderate Buy

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.
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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.
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Oracle Stock vs. The Competition

TypeOracleComputer and Technology CompaniesS&P 500
Consensus Rating Score
2.62
2.67
2.50
Consensus RatingModerate BuyModerate BuyModerate Buy
Predicted Upside-7.72% Downside551.94% Upside9.92% Upside
News Sentiment Rating
Positive News

See Recent ORCL News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
11/15/2024KeyCorp
3 of 5 stars
 Boost TargetOverweight ➝ Overweight$190.00 ➝ $200.00+6.91%
10/23/2024Royal Bank of Canada
4 of 5 stars
R. Jaluria
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Initiated CoverageSector Perform$165.00-5.89%
10/18/2024UBS Group
4 of 5 stars
 Reiterated RatingMarket Outperform ➝ Market Outperform
10/18/2024JMP Securities
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P. Walravens
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Boost TargetMarket Outperform ➝ Market Outperform$175.00 ➝ $205.00+16.21%
9/30/2024Sanford C. Bernstein
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 Boost TargetOutperform ➝ Outperform$201.00 ➝ $202.00+19.71%
9/16/2024Melius Research
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 UpgradeHold ➝ Buy
9/16/2024Jefferies Financial Group
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 Boost TargetBuy ➝ Buy$170.00 ➝ $190.00+10.16%
9/13/2024Guggenheim
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 Boost TargetBuy ➝ Buy$185.00 ➝ $200.00+23.95%
9/11/2024Citigroup
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 Boost TargetNeutral ➝ Neutral$140.00 ➝ $157.00+0.36%
9/10/2024Oppenheimer
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 Reiterated RatingMarket Perform ➝ Market Perform
9/10/2024Stifel Nicolaus
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 Boost TargetHold ➝ Hold$135.00 ➝ $155.00-1.14%
9/10/2024Barclays
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 Boost TargetOverweight ➝ Overweight$160.00 ➝ $172.00+9.48%
9/10/2024Evercore ISI
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 Boost TargetOutperform ➝ Outperform$160.00 ➝ $175.00+9.88%
9/10/2024Mizuho
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 Boost TargetOutperform ➝ Outperform$170.00 ➝ $185.00+16.16%
9/10/2024DA Davidson
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 Boost TargetNeutral ➝ Neutral$105.00 ➝ $140.00-12.09%
9/10/2024TD Cowen
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 Boost TargetBuy ➝ Buy$165.00 ➝ $180.00+28.65%
9/10/2024Piper Sandler
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 Boost TargetOverweight ➝ Overweight$150.00 ➝ $175.00+25.08%
9/10/2024Bank of America
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 Boost TargetNeutral ➝ Neutral$155.00 ➝ $175.00+25.08%
9/10/2024Morgan Stanley
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 Boost TargetEqual Weight ➝ Equal Weight$125.00 ➝ $145.00+3.64%
9/10/2024BMO Capital Markets
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 Boost TargetMarket Perform ➝ Market Perform$160.00 ➝ $173.00+23.65%
9/9/2024JPMorgan Chase & Co.
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 Boost TargetNeutral ➝ Neutral$110.00 ➝ $120.00-15.12%
6/18/2024Argus
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 Boost TargetBuy ➝ Buy$145.00 ➝ $159.00+11.83%
6/17/2024Deutsche Bank Aktiengesellschaft
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 Boost TargetBuy ➝ Buy$150.00 ➝ $165.00+18.39%
3/13/2024HSBC
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 Boost TargetBuy ➝ Buy$144.00 ➝ $155.00+21.42%
3/13/2024The Goldman Sachs Group
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 Boost TargetNeutral ➝ Neutral$115.00 ➝ $130.00+1.83%
3/12/2024William Blair
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S. Naji
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UpgradeMarket Perform ➝ Outperform
12/22/2023Erste Group Bank
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 Reiterated RatingBuy ➝ Hold
12/12/2023Wolfe Research
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 Lower TargetOutperform ➝ Outperform$140.00 ➝ $130.00+12.96%
11/13/2023Edward Jones
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 UpgradeHold ➝ Buy
9/21/2023Berenberg Bank
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 Boost TargetHold ➝ Hold$82.50 ➝ $110.00-2.54%
9/14/2023DZ Bank
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 UpgradeHold ➝ Buy$125.00+11.77%
9/12/2023Monness Crespi & Hardt
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 DowngradeBuy ➝ Neutral
6/13/2023VNET Group
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 Reiterated RatingMaintains
3/15/2023Credit Suisse Group
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Sami Badri
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Set TargetOutperform$115.00+36.00%
3/10/2023Societe Generale
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 DowngradeBuy ➝ Hold
12/13/2022Cowen
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 Lower TargetOutperform$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 Saturday at 04:28 AM ET.


Should I Buy Oracle Stock? ORCL Pros and Cons Explained

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 Saturday, November 2, 2024. Please send any questions or comments about these Oracle pros and cons to contact@marketbeat.com.

Oracle
Bull Case

green Wall Street bull icon

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

  • Oracle's stock price has been steadily increasing, reaching $175.51 on the NYSE, indicating positive market sentiment.
  • Oracle reported strong earnings results, with an EPS of $1.39 for the quarter, surpassing analysts' estimates by $0.06, showcasing financial strength.
  • Analysts have set a consensus target price of $167.42 for Oracle, indicating potential for stock price appreciation.
  • Recent insider selling activities by Chairman Lawrence Joseph Ellison and EVP Maria Smith may not necessarily indicate negative prospects for the company.
  • Oracle's market capitalization of $462.24 billion and a return on equity of 171.38% demonstrate the company's solid financial position.

Oracle
Bear Case

red Wall Street bear icon

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

  • Oracle's stock has a relatively high price-to-earnings ratio of 45.21, which may suggest the stock is currently overvalued.
  • The company's debt-to-equity ratio of 6.68 raises concerns about its leverage and financial risk.
  • Oracle's quick ratio and current ratio of 0.72 each indicate potential liquidity challenges for the company.
  • While analysts have given a consensus rating of "Moderate Buy," there is a possibility of market volatility affecting Oracle's stock performance.
  • Oracle's beta of 1.01 implies the stock's price sensitivity to market movements, which could lead to fluctuations in its value.

ORCL Forecast - Frequently Asked Questions

According to the research reports of 29 Wall Street equities research analysts, the average twelve-month stock price forecast for Oracle is $169.52, with a high forecast of $210.00 and a low forecast of $120.00.

29 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Oracle in the last twelve months. There are currently 11 hold ratings and 18 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" ORCL shares.

According to analysts, Oracle's stock has a predicted downside of -7.72% based on their 12-month stock forecasts.

Over the previous 90 days, Oracle's stock had 3 upgrades by analysts.

Analysts like Oracle less than other "computer and technology" companies. The consensus rating score for Oracle is 2.62 while the average consensus rating score for "computer and technology" companies is 2.67. Learn more on how ORCL compares to other companies.


This page (NYSE:ORCL) was last updated on 11/16/2024 by MarketBeat.com Staff
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