Oracle Corporation (ORCL)
| Market Cap | 188.64B |
| Revenue (ttm) | 42.44B |
| Net Income (ttm) | 6.72B |
| Shares Out | 2.67B |
| EPS (ttm) | 2.41 |
| PE Ratio | 29.34 |
| Forward PE | 12.53 |
| Dividend | $1.28 (1.81%) |
| Ex-Dividend Date | Jul 11, 2022 |
| Volume | 20,132,584 |
| Open | 68.33 |
| Previous Close | 67.63 |
| Day's Range | 67.97 - 70.78 |
| 52-Week Range | 63.76 - 106.34 |
| Beta | 0.86 |
| Analysts | Buy |
| Price Target | 91.76 (+29.8%) |
| Earnings Date | Jun 13, 2022 |
About ORCL
Oracle Corporation provides 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 Fusion cloud advertising and customer experience, and NetSuite applications suite. The company also... [Read more...]
Financial Performance
In 2022, Oracle's revenue was $42.44 billion, an increase of 4.84% compared to the previous year's $40.48 billion. Earnings were $6.72 billion, a decrease of -51.13%.
Financial StatementsAnalyst Forecast
According to 37 analysts, the average rating for ORCL stock is "Buy." The 12-month stock price forecast is 91.76, which is an increase of 29.79% from the latest price.
News
Utilities Rely on Oracle to Reduce Peak Energy Demand During Extreme Weather
Millions of customers participated in Opower Peak Management programs last summer to maintain grid reliability and reduce their energy bills Personalized, post-weather event communications saw a 53% op...
Retailers Support a More Sustainable Supply Chain with New Oracle Cloud Service
Retail Supplier Evaluation extends Oracle's merchandising capabilities to add visibility and transparency into the ethical and environmental practices of all suppliers AUSTIN, Texas , June 22, 2022 /PRN...
Oracle (ORCL) Unveils the Second Cloud Region In France
Oracle (ORCL) opens its second cloud region in France, taking the total count to 38 cloud regions globally.
Vodafone Partners with Oracle to Accelerate Technology Modernization on Oracle Cloud Infrastructure
Telecommunications group plans to modernize and move critical systems to dedicated Oracle Cloud Infrastructure regions to support rollout of next-generation communications services AUSTIN, Texas and LON...
NRI Deploys Second OCI Dedicated Region to Run Key Financial Services on a Highly Available, Secure Cloud Platform
Leading consulting and IT solutions provider expands its distributed cloud strategy to run its popular financial SaaS applications AUSTIN, Texas and TOKYO , June 21, 2022 /PRNewswire/ -- Oracle today an...
Oracle Cloud Infrastructure Expands Distributed Cloud Services with OCI Dedicated Region and Previews Compute Cloud@C...
OCI Dedicated Regions brings the full public cloud to more customers and more customer data centers with a new, smaller infrastructure footprint and lower price Compute Cloud@Customer brings rack-scale ...
Here's Why Oracle Is Really a Tech Value Stock
Oracle is a conservative stock for conservative investors, which is fashionable now but out of step with its industry. The post Here's Why Oracle Is Really a Tech Value Stock appeared first on InvestorP...
Oracle (ORCL), TikTok Ink Cloud Data Storage Deal in the U.S.
Oracle (ORCL) reaches an agreement with TikTok to store data from the app's users in the United States on Oracle's servers.
Oracle Reinforces Commitment to France by Opening a Second Cloud Region
Oracle's new Paris region brings its total number of cloud regions to 38 worldwide Public and private organizations benefit from Oracle Cloud Infrastructure's price-performance, built-in security, and d...
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3 High-Yield Tech Stocks to Buy in June
Oracle, Texas Instruments, and Broadcom are still safe-haven stocks in this wobbly sector.
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Should I buy Oracle shares after the company increased its quarterly dividend?
Oracle Corporation (NYSE: ORCL) reported solid fourth-quarter results this Monday, and the company's shares advanced on a weekly basis. Oracle increased its quarterly dividend by 18.5%, and Chief Execut...
TikTok moves to ease fears amid report workers in China accessed US users' data
The company has said that Oracle will store all private information and is limiting the number of employees with those privileges
Final Trades: ORCL, XLE, XOM & FDX
The traders make their final trades of the week. With CNBC's Melissa Lee and the Fast Money traders, Tim Seymour, Courtney Garcia, Jeff Mills and Steve Grasso.
TikTok says Oracle to keep US user data safe
TikTok on Friday said Oracle will store all the data from its US users, in a bid to allay fears about its safety in the hands of a platform owned by ByteDance in China.
TikTok Says US User Data Now Stored By Default on Oracle servers
However, concerns remain about who has access to data.
TikTok says its American traffic is going through Oracle servers, but it retains backups.
The app is trying to convince the U.S. government that it won't expose Americans' information to China.
TikTok moves US users' data to Oracle servers to address security concerns
TikTok has moved its US user data to Oracle's cloud platform, the short-form video app announced Friday. The decision addresses concerns from US officials that the social media company's Chinese ties co...
TikTok moves all US traffic to Oracle servers amid new claims user data was accessed from China
TikTok said on Friday it is moving U.S. users' data to Oracle servers stored in the United States. Overshadowing its migration announcement was a damning report that followed, claiming that TikTok staff...
TikTok moves U.S. user data to Oracle servers
TikTok has moved the information of its American customers to servers at Oracle Corp. to appease U.S. regulators and their worries over data integrity on the popular video app, Oracle told MarketWatch o...
Exclusive-TikTok moves U.S. user data to Oracle servers - company
TikTok has completed migrating its U.S. users' information to servers at Oracle Corp, in a move that could address U.S. regulatory concerns over data integrity on the popular video app, the company conf...
Oracle Joins Push for Nationwide Database of Health Records
Connected healthcare is putting all the pieces together in 2022 by placing interoperability at the center of transformation efforts, particularly in the electronic health records (EHR) space. Work is ha...
Is Oracle Stock a Buy Now?
The enterprise software giant is still a great defensive stock.