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Oracle (ORCL) Stock Price, News & Analysis

$141.20
+1.02 (+0.73%)
(As of 06/28/2024 ET)
Today's Range
$139.27
$142.82
50-Day Range
$113.75
$144.64
52-Week Range
$99.26
$145.32
Volume
25.81 million shs
Average Volume
11.26 million shs
Market Capitalization
$389.13 billion
P/E Ratio
38.06
Dividend Yield
1.13%
Price Target
$145.83

Oracle MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.57 Rating Score
Upside/​Downside
3.3% Upside
$145.83 Price Target
Short Interest
Healthy
1.21% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-0.93
Upright™ Environmental Score
News Sentiment
0.36mentions of Oracle in the last 14 days
Based on 55 Articles This Week
Insider Trading
Selling Shares
$53 M Sold Last Quarter
Proj. Earnings Growth
13.57%
From $5.01 to $5.69 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.

4.80 out of 5 stars

Computer And Technology Sector

35th out of 588 stocks

Prepackaged Software Industry

10th out of 195 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

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Progress Software is back in the green in 2024 after beating earnings estimates once again. Shares spiked nearly 13% on Jun. 26 2024.
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3 Stocks to Watch: Oracle, Casey's, FedEx Signal Big Gains
Stock market trends come in many forms, but this article will focus on the price trend. A trend is a general direction in which something develops; in the case of investing, the upward price trend is essential.
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3 Stocks to Watch: Oracle, Casey's, FedEx Signal Big Gains (ORCL)
These stocks are in uptrends and firing trend-following signals that investors can copy. The stocks are all forecast to rise by nearly 20% by year's end.
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Pure Storage Stock Doubles in 6 Months and Can Double Again (ORCL)
Pure Storage is a key player in the global data storage and services industry, an industry that is still young, with decades of growth still ahead.
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Everyone’s talking about this new income hack that could generate triple digit returns on your money. But here’s the best part…
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GitLab Stock: Pioneering the AI-Powered DevSecOps Platform (ORCL)
Software development platform provider GitLab Inc. (NASDAQ: GTLB) stock is in a slump, trading down 30% year-to-date (YTD), nearing 52-week lows.
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Super Micro AI Stock: Should You Invest After a 275% Increase? (ORCL)
Super Micro's impressive stock performance raises questions about its valuation and future prospects amidst the rapid growth of the AI market.
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Adobe Stock: It’s Not Too Late To Buy The Dip (ORCL)
Adobe had a great quarter and raised guidance. The analysts are raising their price targets and leading the market to a new all-time high; a 35% upside.
7 Long-Term S&P 500 Stocks to Buy and Hold Now
Oracle (NYSE:ORCL) Shares Up 1.8%
Oracle (NYSE:ORCL) Trading 0.9% Higher
3 Stocks that Might Benefit From the FTC-Adobe Lawsuit
Oracle (NYSE:ORCL) Trading Down 0.9% on Insider Selling
Oracle Shakes Off The Dust
Oracle's (ORCL) Buy Rating Reiterated at Guggenheim
See More Headlines

Company Calendar

Ex-Dividend for 4/24 Dividend
4/09/2024
Dividend Payable
4/24/2024
Last Earnings
6/11/2024
Today
6/30/2024
Ex-Dividend for 7/25 Dividend
7/11/2024
Dividend Payable
7/25/2024
Next Earnings (Estimated)
9/09/2024
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
$145.83
High Stock Price Target
$175.00
Low Stock Price Target
$105.00
Potential Upside/Downside
+3.3%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.57
Research Coverage
30 Analysts

Profitability

Net Income
$10.47 billion
Pretax Margin
22.17%

Debt

Sales & Book Value

Annual Sales
$52.96 billion
Cash Flow
$6.95 per share
Book Value
$3.35 per share

Miscellaneous

Outstanding Shares
2,755,860,000
Free Float
1,576,352,000
Market Cap
$389.13 billion
Optionable
Optionable
Beta
1.01

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ORCL Stock Analysis - Frequently Asked Questions

Should I buy or sell Oracle stock right now?

30 Wall Street equities research 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 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?

30 analysts have issued 12-month price objectives for Oracle's stock. Their ORCL share price targets range from $105.00 to $175.00. On average, they expect the company's stock price to reach $145.83 in the next year. This suggests a possible upside of 3.3% 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 beginning of the year. Since then, ORCL stock has increased by 33.9% and is now trading at $141.20.
View the best growth stocks for 2024 here
.

Are investors shorting Oracle?

Oracle saw a increase in short interest in June. As of June 15th, there was short interest totaling 19,380,000 shares, an increase of 27.5% from the May 31st total of 15,200,000 shares. Based on an average daily volume of 7,920,000 shares, the days-to-cover ratio is currently 2.4 days. Currently, 1.2% 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, September 9th 2024.
View our ORCL earnings forecast
.

How were Oracle's earnings last quarter?

Oracle Co. (NYSE:ORCL) announced its quarterly earnings results on Tuesday, June, 11th. The enterprise software provider reported $1.63 earnings per share for the quarter, missing analysts' consensus estimates of $1.65 by $0.02. The enterprise software provider had revenue of $14.29 billion for the quarter, compared to analysts' expectations of $14.57 billion. Oracle had a trailing twelve-month return on equity of 223.01% and a net margin of 19.76%. The company's revenue for the quarter was up 3.3% compared to the same quarter last year. During the same quarter last year, the business posted $1.35 earnings per share.
Read the conference call transcript
.

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

Oracle declared a quarterly dividend on Tuesday, June 11th. Stockholders of record on Thursday, July 11th will be given a dividend of $0.40 per share on Thursday, July 25th. This represents a $1.60 dividend on an annualized basis and a yield of 1.13%. The ex-dividend date is Thursday, July 11th.
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 1.13%. The company has been increasing its dividend for 15 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 43.13%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, ORCL will have a dividend payout ratio of 28.12% 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 first quarter 2025 earnings guidance on Wednesday, June, 12th. The company provided EPS guidance of 1.310-1.350 for the period, compared to the consensus EPS estimate of 1.320. The company issued revenue guidance of $13.1 billion-$13.3 billion, compared to the consensus revenue estimate of $13.4 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).

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.
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This page (NYSE:ORCL) was last updated on 6/30/2024 by MarketBeat.com Staff

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