Oracle (ORCL) Stock Forecast & Price Target

$192.29 -0.14 (-0.07%)

(As of 11/22/2024 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

Moderate Buy

Based on 29 Analyst Ratings

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
-11.84% 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 -11.84% from the current price of $192.29.

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ORCL Analyst Ratings Over Time

Type	Current Forecast 11/23/23 to 11/22/24	1 Month Ago 10/24/23 to 10/23/24	3 Months Ago 8/25/23 to 8/24/24	1 Year Ago 11/23/22 to 11/23/23
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)	11 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	$168.52	$145.83	$124.23
Forecasted Upside	-11.84% Downside	-2.65% Downside	4.77% Upside	6.87% Upside
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy	Moderate Buy

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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.

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.

Oracle Stock vs. The Competition

Type	Oracle	Computer and Technology Companies	S&P 500
Consensus Rating Score	2.62	2.68	2.50
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy
Predicted Upside	-12.08% Downside	553.16% Upside	8.52% Upside
News Sentiment Rating	Positive News See Recent ORCL News	Positive News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
11/15/2024	KeyCorp 3 of 5 stars		Boost Target	Overweight ➝ Overweight	$190.00 ➝ $200.00	+6.91%
10/23/2024	Royal Bank of Canada 4 of 5 stars	R. Jaluria Subscribe to MarketBeat All Access for the recommendation accuracy rating	Initiated Coverage	Sector Perform	$165.00	-5.89%
10/18/2024	UBS Group 4 of 5 stars		Reiterated Rating	Market Outperform ➝ Market Outperform
10/18/2024	JMP Securities Subscribe to MarketBeat All Access for the recommendation accuracy rating	P. Walravens Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Market Outperform ➝ Market Outperform	$175.00 ➝ $205.00	+16.21%
9/30/2024	Sanford C. Bernstein Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Outperform ➝ Outperform	$201.00 ➝ $202.00	+19.71%
9/16/2024	Melius Research Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Hold ➝ Buy
Get the Latest News and Ratings for ORCL and Related Stocks Enter your email address below to receive the latest news and analysts' ratings for Oracle and its competitors with MarketBeat's FREE daily newsletter.
9/16/2024	Jefferies Financial Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$170.00 ➝ $190.00	+10.16%
9/13/2024	Guggenheim Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$185.00 ➝ $200.00	+23.95%
9/11/2024	Citigroup Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Neutral ➝ Neutral	$140.00 ➝ $157.00	+0.36%
9/10/2024	Oppenheimer Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Market Perform ➝ Market Perform
9/10/2024	Stifel Nicolaus Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Hold ➝ Hold	$135.00 ➝ $155.00	-1.14%
9/10/2024	Barclays Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Overweight ➝ Overweight	$160.00 ➝ $172.00	+9.48%
9/10/2024	Evercore ISI Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Outperform ➝ Outperform	$160.00 ➝ $175.00	+9.88%
9/10/2024	Mizuho Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Outperform ➝ Outperform	$170.00 ➝ $185.00	+16.16%
9/10/2024	DA Davidson Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Neutral ➝ Neutral	$105.00 ➝ $140.00	-12.09%
9/10/2024	TD Cowen Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$165.00 ➝ $180.00	+28.65%
9/10/2024	Piper Sandler Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Overweight ➝ Overweight	$150.00 ➝ $175.00	+25.08%
9/10/2024	Bank of America Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Neutral ➝ Neutral	$155.00 ➝ $175.00	+25.08%
9/10/2024	Morgan Stanley Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Equal Weight ➝ Equal Weight	$125.00 ➝ $145.00	+3.64%
9/10/2024	BMO Capital Markets Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Market Perform ➝ Market Perform	$160.00 ➝ $173.00	+23.65%
9/9/2024	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Neutral ➝ Neutral	$110.00 ➝ $120.00	-15.12%
6/18/2024	Argus Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$145.00 ➝ $159.00	+11.83%
6/17/2024	Deutsche Bank Aktiengesellschaft Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$150.00 ➝ $165.00	+18.39%
3/13/2024	HSBC Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$144.00 ➝ $155.00	+21.42%
3/13/2024	The Goldman Sachs Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Neutral ➝ Neutral	$115.00 ➝ $130.00	+1.83%
3/12/2024	William Blair Subscribe to MarketBeat All Access for the recommendation accuracy rating	S. Naji Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Market Perform ➝ Outperform
12/22/2023	Erste Group Bank Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Buy ➝ Hold
12/12/2023	Wolfe Research Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Outperform ➝ Outperform	$140.00 ➝ $130.00	+12.96%
11/13/2023	Edward Jones Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Hold ➝ Buy
9/21/2023	Berenberg Bank Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Hold ➝ Hold	$82.50 ➝ $110.00	-2.54%
9/14/2023	DZ Bank Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Hold ➝ Buy	$125.00	+11.77%
9/12/2023	Monness Crespi & Hardt Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Buy ➝ Neutral
6/13/2023	VNET Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Maintains
3/15/2023	Credit Suisse Group Subscribe to MarketBeat All Access for the recommendation accuracy rating	Sami Badri Subscribe to MarketBeat All Access for the recommendation accuracy rating	Set Target	Outperform	$115.00	+36.00%
3/10/2023	Societe Generale Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Buy ➝ Hold
12/13/2022	Cowen Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Outperform	$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 Friday at 07:59 PM 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 Thursday, November 21, 2024. Please send any questions or comments about these Oracle pros and cons to contact@marketbeat.com.

Oracle
Bull Case

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

Oracle's stock price is currently at $192.43, reflecting a strong performance and investor confidence in the company's growth potential.
The company reported earnings of $1.39 per share, exceeding analysts' expectations, which indicates robust financial health and operational efficiency.
Oracle has a high return on equity of 171.38%, suggesting that it effectively generates profit from its equity investments, a positive sign for potential investors.
Recent upgrades from analysts, including a price target increase to $200.00, indicate a bullish outlook on Oracle's future performance.
With 42.44% of its stock owned by institutional investors, there is a level of confidence from large financial entities, which can be a positive indicator for retail investors.

Oracle
Bear Case

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

Oracle has a high debt-to-equity ratio of 6.68, which may indicate that the company is heavily reliant on debt financing, potentially increasing financial risk.
The current ratio and quick ratio are both at 0.72, suggesting that Oracle may face challenges in meeting its short-term liabilities, which could be a concern for liquidity.
Despite recent positive earnings, the stock has a high price-to-earnings (P/E) ratio of 50.24, which may suggest that the stock is overvalued compared to its earnings, posing a risk for investors.
Recent selling by hedge funds, such as Foundry Partners LLC reducing its position by 18.7%, may signal a lack of confidence among some institutional investors.
Market volatility, as indicated by a beta of 1.02, suggests that Oracle's stock price may fluctuate with the market, which could pose risks for investors seeking stability.

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 equities research analysts have issued "buy," "hold," and "sell" ratings for Oracle in the last year. There are currently 11 hold ratings and 18 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" ORCL shares.
: According to analysts, Oracle's stock has a predicted downside of -11.84% based on their 12-month stock forecasts.
: Over the previous 90 days, Oracle's stock had 3 upgrades by analysts.
: Oracle has been rated by research analysts at Bank of America, Barclays, BMO Capital Markets, Citigroup, DA Davidson, Evercore ISI, Guggenheim, Jefferies Financial Group, JMP Securities, JPMorgan Chase & Co., KeyCorp, Melius, Melius Research, Mizuho, Morgan Stanley, Oppenheimer, Piper Sandler, Royal Bank of Canada, Sanford C. Bernstein, Stifel Nicolaus, TD Cowen, and UBS Group in the past 90 days.
: 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.

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This page (NYSE:ORCL) was last updated on 11/22/2024 by MarketBeat.com Staff

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Oracle (ORCL) Stock Forecast & Price Target