Oracle - ORCL Stock Forecast, Price & News

25 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Oracle in the last twelve months. There are currently 2 sell ratings, 14 hold ratings and 9 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" ORCL shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in ORCL, but not buy additional shares or sell existing shares.
View ORCL analyst ratings or view top-rated stocks.

25 brokers have issued 12-month price objectives for Oracle's shares. Their ORCL share price forecasts range from $70.00 to $115.00. On average, they predict the company's stock price to reach $89.77 in the next twelve months. This suggests a possible upside of 20.5% from the stock's current price.
View analysts price targets for ORCL or view top-rated stocks among Wall Street analysts.

Oracle's stock was trading at $87.21 at the beginning of 2022. Since then, ORCL stock has decreased by 14.6% and is now trading at $74.49.
View the best growth stocks for 2022 here.

The company is scheduled to release its next quarterly earnings announcement on Monday, September 12th 2022.
View our ORCL earnings forecast.

Oracle will be holding an earnings conference call on Monday, September 12th at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link.

Oracle Co. (NYSE:ORCL) issued its quarterly earnings results on Monday, June, 13th. The enterprise software provider reported $1.31 EPS for the quarter, topping the consensus estimate of $1.17 by $0.14. The enterprise software provider earned $11.84 billion during the quarter, compared to the consensus estimate of $11.65 billion. Oracle had a net margin of 15.83% and a negative trailing twelve-month return on equity of 193.58%. The firm's revenue for the quarter was up 5.5% compared to the same quarter last year. During the same quarter last year, the company posted $1.40 earnings per share.
Read the conference call transcript.

Oracle declared a quarterly dividend on Monday, June 13th. Shareholders of record on Tuesday, July 12th will be paid a dividend of $0.32 per share on Tuesday, July 26th. This represents a $1.28 annualized dividend and a yield of 1.72%. The ex-dividend date is Monday, July 11th.
Read our dividend analysis for ORCL.

Oracle (NYSE:ORCL) pays an annual dividend of $1.28 per share and currently has a dividend yield of 1.73%. The company has been increasing its dividend for 13 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 53.33%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, ORCL will have a dividend payout ratio of 26.39% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for ORCL.

Oracle announced that its board has approved a stock buyback program on Thursday, December 9th 2021, which allows the company to repurchase $10,000,000,000.00 in shares, according to EventVestor. This repurchase authorization allows the company to buy up to 3.6% of its stock through open market purchases. Stock repurchase programs are usually an indication that the company's management believes its shares are undervalued.

Oracle issued an update on its first quarter 2023 earnings guidance on Tuesday, July, 12th. The company provided earnings per share (EPS) guidance of $1.04-$1.08 for the period, compared to the consensus EPS estimate of $1.13. The company issued revenue guidance of $11.38 billion-$11.58 billion, compared to the consensus revenue estimate of $10.22 billion.

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.

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).

Oracle trades on the New York Stock Exchange (NYSE) under the ticker symbol "ORCL."

Oracle's stock is owned by a variety of institutional and retail investors. Top institutional investors include State Street Corp (2.34%), Loomis Sayles & Co. L P (0.87%), Northern Trust Corp (0.75%), FMR LLC (0.69%), Massachusetts Financial Services Co. MA (0.62%) and Primecap Management Co. CA (0.45%). Insiders that own company stock include Bruce R Chizen, Charles W Moorman, Dorian Daley, Edward Screven, Hector Garcia-Molina, Jeffrey Berg, Jeffrey Henley, Lawrence Joseph Ellison, Michael J Boskin, Michael J Boskin, Naomi O Seligman, Naomi O Seligman, Renee Jo James, Rona Alison Fairhead, Safra Catz and W Corey West.
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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

One share of ORCL stock can currently be purchased for approximately $74.49.

Oracle (NYSE:ORCL) has a market capitalization of $198.51 billion and generates $42.44 billion in revenue each year. The enterprise software provider earns $6.72 billion in net income (profit) each year or $2.40 on an earnings per share basis.

The company employs 143,000 workers across the globe.

Oracle was founded in 1977.

Oracle's mailing address is 500 ORACLE PARKWAY, REDWOOD CITY CA, 94065. The official website for the company is www.oracle.com. The enterprise software provider can be reached via phone at (737) 867-1000, via email at investor_us@oracle.com, or via fax at 650-506-7200.