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S&P 500   4,769.83
DOW   37,689.54
QQQ   409.52
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S&P 500   4,769.83
DOW   37,689.54
QQQ   409.52
US Navy helicopters fire at Yemen's Houthi rebels and kill several in latest Red Sea shipping attack
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A lithium-ion battery fire in a cargo ship's hold is out after several days of burning
Chief Justice Roberts casts a wary eye on the uses of artificial intelligence in the federal courts
New Year's Sale: Get 12 Months of Stock Picks for $9.00 (Ad)
S&P 500   4,769.83
DOW   37,689.54
QQQ   409.52
US Navy helicopters fire at Yemen's Houthi rebels and kill several in latest Red Sea shipping attack
New Year's Sale: Get 12 Months of Stock Picks for $9.00 (Ad)
A lithium-ion battery fire in a cargo ship's hold is out after several days of burning
Chief Justice Roberts casts a wary eye on the uses of artificial intelligence in the federal courts
New Year's Sale: Get 12 Months of Stock Picks for $9.00 (Ad)
NYSE:ORCL

Oracle (ORCL) Stock Price, News & Analysis

$105.43
-0.82 (-0.77%)
(As of 12/29/2023 ET)
Today's Range
$104.78
$106.92
50-Day Range
$100.32
$117.17
52-Week Range
$80.76
$127.54
Volume
6.90 million shs
Average Volume
13.15 million shs
Market Capitalization
$289.82 billion
P/E Ratio
29.12
Dividend Yield
1.52%
Price Target
$127.14

Oracle MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.57 Rating Score
Upside/​Downside
20.6% Upside
$127.14 Price Target
Short Interest
Healthy
0.96% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-0.93
Upright™ Environmental Score
News Sentiment
0.69mentions of Oracle in the last 14 days
Based on 18 Articles This Week
Insider Trading
Selling Shares
$2.25 M Sold Last Quarter
Proj. Earnings Growth
13.29%
From $4.44 to $5.03 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

3.03 out of 5 stars

Computer And Technology Sector

14th out of 589 stocks

Prepackaged Software Industry

4th out of 199 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

Microsoft is new cybersecurity titan, challenging big tech rivals (ORCL)
Microsoft is a key player in cybersecurity, competing with companies such as CrowdStrike and Amazon. Its annual cybersecurity business grew to $20 billion.
MarketBeat Week in Review: 12/11 - 12/15 (ORCL)
The rally in stocks moved into high gear on hopes for interest rate hikes next year; conditions are right for the rally to continue into 2024.
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Adobe stumbles into another buy-the-dip opportunity (ORCL)
Adobe's results echo Oracle and point to a market reset that should result in a buy-the-dip opportunity and higher share prices in 2024.
Oracle’s "weak" results amplifies the outlook for AI accelerators
Oracle had a solid quarter but came in weak on a shortfall in capacity which can mean only one thing: increased demand for accelerators from NVDA and AMD.
4 reasons why AMD stock will hit a new all-time high in 2024 (ORCL)
Advanced Micro Devices is advancing the AI accelerator market and aims to maintain a solid foothold in this rapidly expanding market.
Oracle's Q2 earnings report: Cloud highs, app lows
Oracle's mixed Q2 earnings revealed strong cloud infrastructure growth but also raised concerns about a revenue miss and application competitiveness.
Oracle’s stock just went on sale (ORCL)
For those of us watching from the sidelines, this could mean there’s a serious buying opportunity opening up. The long term opportunity is too good to miss.
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Elastic stock: A resilient stretch with 44.11% surge (ORCL)
Mid-cap Elastic has soared 44.11% in December, propelled by robust AI applications. The Q2 earnings report and guidance exceeded forecasts.
Selling the news in MongoDB is a buy-the-dip opportunity (ORCL)
MongoDB is pulling back following a hot report and increased guidance that may be overly cautious given the clear momentum in AI.
ORCL Dec 2023 87.000 call
ORCL Dec 2023 87.000 put
ORCL Feb 2024 97.000 call
ORCL Feb 2024 108.000 put
Oracle (NYSE:ORCL) Given "Hold" Rating at Erste Group Bank
Erste Group Downgrades Oracle (ORCL)
Analyst Scoreboard: 9 Ratings For Oracle
3 Warren Buffett-Approved Dividend Stocks
See More Headlines
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Company Calendar

Ex-Dividend for 10/26 Dividend
10/11/2023
Dividend Payable
10/26/2023
Last Earnings
12/11/2023
Today
12/31/2023
Ex-Dividend for 1/25 Dividend
1/10/2024
Dividend Payable
1/25/2024
Next Earnings (Estimated)
3/14/2024
Fiscal Year End
5/31/2024

Industry, Sector and Symbol

Industry
Prepackaged software
Sub-Industry
Systems Software
CUSIP
68389X10
Employees
164,000
Year Founded
1977

Price Target and Rating

Average Stock Price Target
$127.14
High Stock Price Target
$150.00
Low Stock Price Target
$100.00
Potential Upside/Downside
+20.6%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.57
Research Coverage
23 Analysts

Profitability

Net Income
$8.50 billion
Pretax Margin
20.18%

Debt

Sales & Book Value

Annual Sales
$49.95 billion
Cash Flow
$6.38 per share
Book Value
$1.59 per share

Miscellaneous

Outstanding Shares
2,748,920,000
Free Float
1,572,383,000
Market Cap
$289.82 billion
Optionable
Optionable
Beta
1.05

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ORCL Stock Analysis - Frequently Asked Questions

Should I buy or sell Oracle stock right now?

23 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Oracle in the last year. There are currently 10 hold ratings and 13 buy ratings for the stock. The consensus among Wall Street 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?

23 brokers have issued twelve-month price targets for Oracle's stock. Their ORCL share price targets range from $100.00 to $150.00. On average, they predict the company's share price to reach $127.14 in the next year. This suggests a possible upside of 20.6% 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 2023?

Oracle's stock was trading at $81.74 at the start of the year. Since then, ORCL shares have increased by 29.0% and is now trading at $105.43.
View the best growth stocks for 2023 here
.

When is Oracle's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, March 14th 2024.
View our ORCL earnings forecast
.

How were Oracle's earnings last quarter?

Oracle Co. (NYSE:ORCL) posted its quarterly earnings results on Monday, December, 11th. The enterprise software provider reported $1.34 earnings per share for the quarter, beating the consensus estimate of $1.33 by $0.01. The enterprise software provider earned $12.94 billion during the quarter, compared to the consensus estimate of $13.05 billion. Oracle had a net margin of 19.64% and a trailing twelve-month return on equity of 703.26%. The company's revenue for the quarter was up 5.4% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.21 earnings per share.
Read the conference call transcript
.

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

Oracle announced a quarterly dividend on Monday, December 11th. Shareholders of record on Thursday, January 11th will be paid a dividend of $0.40 per share on Thursday, January 25th. This represents a $1.60 annualized dividend and a dividend yield of 1.52%. The ex-dividend date is Wednesday, January 10th.
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 1.52%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 44.20%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, ORCL will have a dividend payout ratio of 31.81% 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 third quarter 2024 earnings guidance on Tuesday, December, 12th. The company provided EPS guidance of 1.350-1.390 for the period, compared to the consensus earnings per share estimate of 1.370. The company issued revenue guidance of $13.1 billion-$13.4 billion, compared to the consensus revenue estimate of $13.3 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 12/31/2023 by MarketBeat.com Staff

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