Oracle Corporation (ORCL)
| Market Cap | 394.86B |
| Revenue (ttm) | 52.96B |
| Net Income (ttm) | 10.47B |
| Shares Out | 2.76B |
| EPS (ttm) | 3.71 |
| PE Ratio | 38.62 |
| Forward PE | 22.62 |
| Dividend | $1.60 (1.12%) |
| Ex-Dividend Date | Jul 11, 2024 |
| Volume | 5,905,305 |
| Open | 142.63 |
| Previous Close | 143.09 |
| Day's Range | 142.55 - 144.22 |
| 52-Week Range | 99.26 - 145.32 |
| Beta | 1.01 |
| Analysts | Buy |
| Price Target | 146.54 (+2.28%) |
| Earnings Date | Jun 11, 2024 |
About ORCL
Oracle Corporation offers products and services that address enterprise information technology environments worldwide. Its Oracle cloud software as a service offering include various cloud software applications, including Oracle Fusion cloud enterprise resource planning (ERP), Oracle Fusion cloud enterprise performance management, Oracle Fusion cloud supply chain and manufacturing management, Oracle Fusion cloud human capital management, Oracle Cerner healthcare, and NetSuite applications suite, as well as Oracle Fusion Sales, Service, and Mark... [Read more]
Financial Performance
In 2024, Oracle's revenue was $52.96 billion, an increase of 6.02% compared to the previous year's $49.95 billion. Earnings were $10.47 billion, an increase of 23.10%.
Financial StatementsAnalyst Forecast
According to 30 analysts, the average rating for ORCL stock is "Buy." The 12-month stock price forecast is $146.54, which is an increase of 2.28% from the latest price.
News
Final Trades: Oracle, ASML Holding, Interactive Brokers and the XLE
The Investment Committee gives you their top stocks to watch for the second half.
Hitachi Construction Machinery Drives Digital Transformation by Moving Large-scale Systems to Oracle Cloud Infrastructure
Oracle Cloud VMware Solution and Oracle Exadata Database Service help ensure fast and reliable cloud migration of mission-critical systems The company has reduced operating costs by 20 percent while i...
Oracle Announces Industry First In-Database LLMs and an Automated In-Database Vector Store with HeatWave GenAI
Customers can build generative AI applications without AI expertise, data movement, or additional cost HeatWave GenAI is 30X faster than Snowflake, 18X faster than Google BigQuery, and 15X faster than...
Oracle says US ban of TikTok would hurt its profits
The law “will make it unlawful to provide internet hosting services to TikTok,” an annual report published Monday read.
Oracle Cloud Helps Health Insurers Reduce Data Complexity and IT Costs
New Oracle Health Insurance Data Exchange Cloud Service simplifies and secures data exchange with CMS and employer groups AUSTIN, Texas , June 25, 2024 /PRNewswire/ -- Oracle introduced the Oracle Hea...
TikTok's U.S. ban could cost Oracle up to $800 million
A potential U.S. ban on TikTok may significantly impact Oracle's revenue, as the software giant acknowledged in its annual report released on Monday. This development follows President Joe Biden's Apr...
Oracle warns that a TikTok ban would hurt business
Oracle said a ban on TikTok in the U.S. could hurt revenue and profit. In April, President Joe Biden signed a bill demanding that ByteDance sell TikTok in nine months, or one year if an extension is a...
Oracle Named a Leader in the 2024 Gartner® Magic Quadrant™ for Analytics and Business Intelligence Platforms
Oracle recognized based on its Ability to Execute and Completeness of Vision AUSTIN, Texas , June 24, 2024 /PRNewswire/ -- Oracle has been named a Leader in the 2024 Gartner® Magic Quadrant™ for Analy...
AI-Powered Oracle Clinical Digital Assistant Transforms Interactions Between Practitioners and Patients
Generally available in the US for ambulatory clinics, the solution combines voice with generative AI to help eliminate EHR clicks, reduce provider burnout, and improve quality of care Early adopters r...
Final Trades: Leidos, Oracle, Cheniere Energy and the XLV
The Investment Committee share their top plays for the second half.
AI Money: Nvidia Soars, Oracle Invests $1B in Spain
In a week of seismic shifts in the tech industry, Nvidia has claimed the title of world's most valuable company, surpassing a $3 trillion market cap on the back of soaring artificial intelligence (AI)...
Oracle to invest over $1 bln on AI, cloud computing in Spain
Oracle on Thursday said it will invest more than $1 billion over the next 10 years in artificial intelligence and cloud computing in Spain, as it looks to meet increasing demand for its services in th...
Oracle to Invest More Than $1 Billion in AI and Cloud Computing in Spain
Oracle plans to open a third cloud region to help Spain's financial sector and other key industries increase resilience and take advantage of Oracle Cloud Infrastructure's high performance and built-i...
Oracle Autonomous Database Now Generally Available on Oracle Database@Azure
Oracle database services running on Oracle Exadata Cloud Infrastructure are deployed directly in Microsoft Azure datacenters AUSTIN, Texas , June 20, 2024 /PRNewswire/ -- Oracle Autonomous Database is...
Bull Market Will Continue Higher, Long Stock Picks: AAPL, TSLA, ORCL
Is a wishy-washy Federal Reserve causing the current bull market? Melissa Armo says that the market thinks that the worst is over concerning interest rates.
Oracle APEX AI Assistant Enables Natural Language-Based Development of Enterprise Applications
AI capabilities in Oracle APEX enable users who don't know SQL to execute a vector search in less than two minutes AUSTIN, Texas , June 17, 2024 /PRNewswire/ -- Oracle today announced new AI innovatio...
Oracle Stock Jumped 13% In One Day, What's Next?
Oracle's stock (NYSE: ORCL) price jumped approximately 13% on 12th June, as compared to the 1% rise in the S&P500 index. In sharp contrast, Oracle's peer Adobe (NASDAQ: ADBE) was down 1% over the same...
AI Money: Broadcom, Oracle and Samsung Unveil Strategies to Dominate AI Market
The artificial intelligence boom is reshaping the technology landscape as industry giants Broadcom, Oracle and Samsung make moves to capitalize on the demand for AI chips and cloud computing resources...
U.S. Department of Veterans Affairs Extends Oracle EHR Modernization Contract
Organizations reaffirm their commitment to deliver a modern commercial EHR solution to help improve care for our nation's veterans AUSTIN, Texas , June 13, 2024 /PRNewswire/ -- Oracle and the U.S. Dep...
Panasonic Information Systems Selects Oracle Cloud Infrastructure to Drive Modernization of Internal Systems Across the Group
Panasonic Group's IT subsidiary completes migration of one of its largest internal systems, its sales data analytics system, to Exadata Database Service Successfully reduces database infrastructure co...
Oracle founder Larry Ellison's wealth surges by $14 billion, driven by AI boom
Oracle's founder and largest shareholder, Larry Ellison, saw his net worth jump by $14 billion to $152 billion overnight following the company's positive year-end financial results. Oracle's shares su...
S&P 500 Gains and Losses Today: Oracle Stock Surges Amid New AI Partnerships
Major U.S. equities indexes were mixed on a noteworthy day for economic news.
Larry Ellison is $18 billion richer after Oracle shares rally the most since 2021
Larry Ellison's 42% Oracle stake increased in valued by $18 billion on Wednesday after the software company called for faster revenue growth. Ellison owns about 1.15 million shares in the company he f...
Oracle Rides Strong On The AI Wave, Despite Q4 Revenue Miss: 8 Analysts' Insights
Oracle Corp ORCL shares were climbing on Wednesday after the company reported its quarterly results.