Oracle Corporation (ORCL)
NYSE: ORCL · IEX Real-Time Price · USD
115.34
+0.25 (0.22%)
At close: Apr 24, 2024, 4:00 PM
114.47
-0.87 (-0.75%)
After-hours: Apr 24, 2024, 5:09 PM EDT
Oracle Stock Forecast
Stock Price Forecast
The 25 analysts with 12-month price forecasts for Oracle stock have an average target of 135.56, with a low estimate of 105 and a high estimate of 160. The average target predicts an increase of 17.53% from the current stock price of 115.34.
Analyst Consensus: Buy
* Price targets were last updated on Mar 21, 2024.
Analyst Ratings
The average analyst rating for Oracle stock from 31 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 8 | 8 | 8 | 8 | 9 | 9 |
| Buy | 8 | 8 | 8 | 8 | 10 | 10 |
| Hold | 10 | 11 | 11 | 11 | 11 | 12 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 26 | 27 | 27 | 27 | 30 | 31 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Oppenheimer | Oppenheimer | Hold Initiates n/a | Hold | Initiates | n/a | n/a | Apr 18, 2024 |
| Keybanc | Keybanc | Buy Initiates $150 | Buy | Initiates | $150 | +30.05% | Mar 21, 2024 |
| Argus Research | Argus Research | Hold → Strong Buy Upgrades n/a | Hold → Strong Buy | Upgrades | n/a | n/a | Mar 14, 2024 |
| Goldman Sachs | Goldman Sachs | Hold Maintains $115 → $130 | Hold | Maintains | $115 → $130 | +12.71% | Mar 13, 2024 |
| HSBC | HSBC | Strong Buy Maintains $144 → $155 | Strong Buy | Maintains | $144 → $155 | +34.39% | Mar 13, 2024 |
Financial Forecast
Revenue This Year
54.32B
from 49.95B
Increased by 8.73%
Revenue Next Year
58.86B
from 54.32B
Increased by 8.36%
EPS This Year
5.70
from 3.07
Increased by 85.65%
EPS Next Year
6.35
from 5.70
Increased by 11.48%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 56.2B | 61.4B | 69.4B | 75.7B | 84.9B |
| Avg | 54.3B | 58.9B | 64.9B | 71.7B | 78.8B |
| Low | 52.1B | 55.8B | 59.3B | 67.1B | 72.1B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 12.5% | 13.0% | 18.0% | 16.7% | 18.4% |
| Avg | 8.7% | 8.4% | 10.2% | 10.5% | 9.9% |
| Low | 4.3% | 2.7% | 0.8% | 3.5% | 0.6% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 5.93 | 7.13 | 8.07 | 8.07 | 8.48 |
| Avg | 5.70 | 6.35 | 7.22 | 7.84 | 8.24 |
| Low | 5.46 | 5.77 | 6.28 | 7.54 | 7.92 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 93.2% | 25.1% | 27.1% | 11.8% | 8.2% |
| Avg | 85.7% | 11.5% | 13.6% | 8.6% | 5.1% |
| Low | 77.8% | 1.3% | -1.1% | 4.4% | 1.0% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.