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Oracle (ORCL) Stock Price, News & Analysis

Oracle logo
$182.76 -7.61 (-4.00%)
(As of 11/27/2024 ET)

About Oracle Stock (NYSE:ORCL)

Key Stats

Today's Range
$182.22
$188.80
50-Day Range
$165.80
$192.81
52-Week Range
$99.26
$196.04
Volume
8.36 million shs
Average Volume
8.26 million shs
Market Capitalization
$506.44 billion
P/E Ratio
47.10
Dividend Yield
0.88%
Price Target
$169.52
Consensus Rating
Moderate Buy

Company Overview

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.

Oracle Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
97th Percentile Overall Score

ORCL MarketRank™: 

Oracle scored higher than 97% of companies evaluated by MarketBeat, and ranked 27th out of 644 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Oracle has received a consensus rating of Moderate Buy. The company's average rating score is 2.62, and is based on 18 buy ratings, 11 hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    Oracle has been the subject of 22 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

  • Read more about Oracle's stock forecast and price target.
  • Earnings Growth

    Earnings for Oracle are expected to grow by 15.00% in the coming year, from $5.00 to $5.75 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Oracle is 47.10, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 127.86.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Oracle is 47.10, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 253.66.

  • Price to Earnings Growth Ratio

    Oracle has a PEG Ratio of 3.46. PEG Ratios above 1 indicate that a company could be overvalued.

  • Price to Book Value per Share Ratio

    Oracle has a P/B Ratio of 54.56. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

  • Read more about Oracle's valuation and earnings.
  • Percentage of Shares Shorted

    1.31% of the float of Oracle has been sold short.
  • Short Interest Ratio / Days to Cover

    Oracle has a short interest ratio ("days to cover") of 2.5, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Oracle has recently increased by 13.21%, indicating that investor sentiment is decreasing significantly.
  • Dividend Yield

    Oracle has a dividend yield of 0.85%, which is in the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

    Oracle has been increasing its dividend for 15 years.

  • Dividend Coverage

    The dividend payout ratio of Oracle is 41.24%. This payout ratio is at a healthy, sustainable level, below 75%.

  • Dividend Sustainability

    Based on earnings estimates, Oracle will have a dividend payout ratio of 27.83% next year. This indicates that Oracle will be able to sustain or increase its dividend.

  • Read more about Oracle's dividend.
  • Percentage of Shares Shorted

    1.31% of the float of Oracle has been sold short.
  • Short Interest Ratio / Days to Cover

    Oracle has a short interest ratio ("days to cover") of 2.5, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Oracle has recently increased by 13.21%, indicating that investor sentiment is decreasing significantly.
  • News Sentiment

    Oracle has a news sentiment score of 1.40. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.57 average news sentiment score of Computer and Technology companies.
  • News Coverage This Week

    MarketBeat has tracked 80 news articles for Oracle this week, compared to 34 articles on an average week.
  • Search Interest

    77 people have searched for ORCL on MarketBeat in the last 30 days. This is an increase of 18% compared to the previous 30 days.
  • MarketBeat Follows

    82 people have added Oracle to their MarketBeat watchlist in the last 30 days. This is an increase of 30% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Oracle insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $1,042,800.00 in company stock.

  • Percentage Held by Insiders

    42.20% of the stock of Oracle is held by insiders. A high percentage of insider ownership can be a sign of company health.

  • Percentage Held by Institutions

    42.44% of the stock of Oracle is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Oracle's insider trading history.
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ORCL Stock News Headlines

October 17, 2024, Portugal. In this photo illustration, the Broadcom logo is displayed on a smartphone screen — Stock Editorial Photography
2 Chip Stocks Benefitting from OpenAI’s Chip Strategy Expansion (ORCL)
Broadcom (AVGO) and AMD (AMD) stocks rise as OpenAI develops custom AI chips, aiming to reduce reliance on NVIDIA. Discover how these companies benefit.
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3 Stocks to Score from 40% YoY Data Center Capex Spending in 2025 (ORCL)
According to Citi Research, the big four hyperscalers Microsoft Co. (NASDAQ: MSFT), Amazon.com Inc. (NASDAQ: AMZN), Alphabet Inc. (NASDAQ: GOOGL) and Meta
JD Vance Predicts: Wall Street vs. Trump & Your Money
Trump's back in the White House, but Wall Street is pissed. Here's the deal: Wall Street's about to purposely crash the bond market to sabotage Trump's comeback.
Oracle (ORCL) Rose as Earnings Smashed Expectations
Eagle Mountain Mining Revamps Oracle Ridge Strategy
See More Headlines

ORCL Stock Analysis - Frequently Asked Questions

Oracle's stock was trading at $105.43 at the beginning of the year. Since then, ORCL stock has increased by 73.3% and is now trading at $182.76.
View the best growth stocks for 2024 here
.

Oracle Co. (NYSE:ORCL) posted its quarterly earnings data on Monday, September, 9th. The enterprise software provider reported $1.39 EPS for the quarter, beating the consensus estimate of $1.33 by $0.06. The firm's revenue was up 6.9% on a year-over-year basis.
Read the conference call transcript
.

Oracle subsidiaries include Adi Insights, Verenia, Federos, Cerner, GloriaFood, FarApp, Nor1, and more.

Oracle's top institutional investors include State Street Corp (2.54%), FMR LLC (1.37%), Geode Capital Management LLC (1.27%) and Franklin Resources Inc. (0.67%). Insiders that own company stock include Lawrence Joseph Ellison, Edward Screven, Jeffrey Henley, Safra Catz, Jeffrey Berg, Michael J Boskin, Leon E Panetta, Maria Smith, Renee Jo James, Naomi O Seligman, George H Conrades, Rona Alison Fairhead, Charles W Moorman and Dorian Daley.
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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that Oracle investors own include NVIDIA (NVDA), Meta Platforms (META), BlackRock (BLK), Broadcom (AVGO), Advanced Micro Devices (AMD), ServiceNow (NOW) and UnitedHealth Group (UNH).

Company Calendar

Last Earnings
9/09/2024
Ex-Dividend for 10/24 Dividend
10/10/2024
Dividend Payable
10/24/2024
Today
11/27/2024
Next Earnings (Estimated)
12/09/2024
Fiscal Year End
5/31/2025

Industry, Sector and Symbol

Industry
Prepackaged software
Sub-Industry
Systems Software
CUSIP
68389X10
Employees
159,000
Year Founded
1977

Price Target and Rating

Average Stock Price Target
$169.52
High Stock Price Target
$210.00
Low Stock Price Target
$120.00
Potential Upside/Downside
-7.8%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.62
Research Coverage
29 Analysts

Profitability

Net Income
$10.47 billion
Pretax Margin
23.29%

Debt

Sales & Book Value

Annual Sales
$52.96 billion
Cash Flow
$6.79 per share
Book Value
$3.35 per share

Miscellaneous

Outstanding Shares
2,771,060,000
Free Float
1,601,674,000
Market Cap
$509.51 billion
Optionable
Optionable
Beta
1.02

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This page (NYSE:ORCL) was last updated on 11/27/2024 by MarketBeat.com Staff
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