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Oracle (ORCL) Stock Forecast & Price Target

$166.75
+2.22 (+1.35%)
(As of 11:27 AM 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

Based on 30 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 30 analysts, 11 have given a hold rating, and 19 have given a buy rating for ORCL.

Consensus Price Target

$163.88
-1.72% Downside
High Forecast$210.00
Average Forecast$163.88
Low Forecast$110.00

According to the 30 analysts' twelve-month price targets for Oracle, the average price target is $163.88. The highest price target for ORCL is $210.00, while the lowest price target for ORCL is $110.00. The average price target represents a forecasted downside of -1.72% from the current price of $166.75.

TypeCurrent Forecast
9/20/23 to 9/19/24
1 Month Ago
8/21/23 to 8/20/24
3 Months Ago
6/22/23 to 6/21/24
1 Year Ago
9/20/22 to 9/20/23
Consensus Rating
Moderate Buy
Moderate Buy
Moderate Buy
Moderate Buy
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
19 Buy rating(s)
17 Buy rating(s)
17 Buy rating(s)
13 Buy rating(s)
Hold
11 Hold rating(s)
13 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$163.88$145.83$144.79$123.06
Forecasted Upside-1.72% Downside13.16% Upside14.69% Upside14.25% Upside

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.
Skip Chart and View Analyst Price Target HistorySkip Chart & View Price History Table

Oracle Stock vs. The Competition

TypeOracleComputer and Technology CompaniesS&P 500
Consensus Rating Score
2.63
2.64
2.50
Consensus RatingModerate BuyModerate BuyModerate Buy
Predicted Upside-0.37% Downside93.86% Upside7.93% Upside
News Sentiment RatingNeutral News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
9/16/2024Melius Research
0 of 5 stars
 UpgradeHold ➝ Buy
9/16/2024Jefferies Financial Group
2 of 5 stars
 Boost TargetBuy ➝ Buy$170.00 ➝ $190.00+10.16%
9/13/2024Guggenheim
3 of 5 stars
 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%
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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%
9/10/2024UBS Group
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 Boost TargetBuy ➝ Buy$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%
9/10/2024KeyCorp
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 Boost TargetOverweight ➝ Overweight$165.00 ➝ $175.00+25.08%
9/10/2024JMP Securities
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P. Walravens
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UpgradeMarket Perform ➝ Outperform$175.00 ➝ $175.00+25.08%
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%
6/12/2024Sanford C. Bernstein
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 Boost TargetOutperform ➝ Outperform$159.00 ➝ $171.00+22.93%
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 Thursday at 11:42 AM ET.

ORCL Forecast - Frequently Asked Questions

What is Oracle's forecast for 2024?

According to the research reports of 30 Wall Street equities research analysts, the average twelve-month stock price forecast for Oracle is $163.88, with a high forecast of $210.00 and a low forecast of $110.00.

Should I buy or sell Oracle stock right now?

30 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Oracle in the last year. There are currently 11 hold ratings and 19 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" ORCL shares.

Does Oracle's stock price have much upside?

According to analysts, Oracle's stock has a predicted upside of 12.93% based on their 12-month stock forecasts.

Has Oracle been upgraded by Wall Street analysts recently?

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

Do Wall Street analysts like Oracle more than its competitors?

Analysts like Oracle less than other "computer and technology" companies. The consensus rating score for Oracle is 2.63 while the average consensus rating score for "computer and technology" companies is 2.65. Learn more on how ORCL compares to other companies.



This page (NYSE:ORCL) was last updated on 9/19/2024 by MarketBeat.com Staff
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