Oracle Corporation (ORCL)

NYSE: ORCL · IEX Real-Time Price · USD
88.46
+1.11 (1.27%)
Jan 31, 2023, 4:03 PM EST - Market closed
1.27%
Market Cap 238.51B
Revenue (ttm) 46.07B
Net Income (ttm) 8.80B
Shares Out 2.70B
EPS (ttm) 3.18
PE Ratio 27.82
Forward PE 16.39
Dividend $1.28 (1.45%)
Ex-Dividend Date Jan 9, 2023
Volume 5,855,094
Open 87.69
Previous Close 87.35
Day's Range 87.35 - 88.48
52-Week Range 60.78 - 90.49
Beta 1.00
Analysts Buy
Price Target 94.61 (+6.95%)
Earnings Date Mar 9, 2023

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 Advertising, and NetSuite applications suite, as well as Oracle Fusion Sales, Service, and Marketing.... [Read more]

Sector Technology
IPO Date Mar 12, 1986
Employees 143,000
Stock Exchange NYSE
Ticker Symbol ORCL
Full Company Profile

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 Statements

Analyst Forecast

According to 39 analysts, the average rating for ORCL stock is "Buy." The 12-month stock price forecast is $94.61, which is an increase of 6.95% from the latest price.

Price Target
$94.61
(6.95% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Red Hat and Oracle Expand Collaboration to Bring Red Hat Enterprise Linux to Oracle Cloud Infrastructure

AUSTIN, Texas & RALEIGH, N.C.--(BUSINESS WIRE)--Red Hat, Inc., the world's leading provider of open source solutions, and Oracle today announced a multi-stage alliance to offer customers a greater c...

1 day ago - Business Wire

Oracle Aconex for Defense Achieves DISA IL4 Provisional Authorization

The Department of Defense and its delivery partners can now use the cloud-based project management service to unite project teams and collaborate more efficiently AUSTIN, Texas , Jan. 31, 2023 /PRNews...

1 day ago - PRNewsWire

Oracle Named a Leader and Positioned Highest for Ability to Execute in Gartner® Magic Quadrant™ for Integration Platform as a Service, Worldwide

Oracle Cloud Infrastructure integration services accelerate innovation and connect data ecosystems across distributed cloud environments AUSTIN, Texas , Jan. 30, 2023 /PRNewswire/ -- Oracle today anno...

1 day ago - PRNewsWire

Oracle Delivers New Logistics Capabilities to Get Global Supply Chains Moving

New features help customers reduce costs, improve accuracy, automate regulatory compliance, and enhance flexibility AUSTIN, Texas , Jan. 24, 2023 /PRNewswire/ -- To help organizations increase the eff...

1 week ago - PRNewsWire

Customers Improve Productivity and Reduce Risk with New Oracle Primavera Cloud Capabilities

Comprehensive portfolio planning and scheduling solution averages 132% year-over-year growth since 2017 AUSTIN, Texas , Jan. 24, 2023 /PRNewswire/ -- Engineering and construction organizations continu...

1 week ago - PRNewsWire

The 7 Best Reddit Stocks to Buy for 2023

The hype surrounding meme stocks has died down recently. Yet, with roughly 13.5 million members, Reddit's r/wallstreetbets community is certainly a force to be reckoned with in the equities market.

Other symbols: BABADISITMPWNIOV
1 week ago - InvestorPlace

Oracle Cloud Infrastructure Helps Guitar Center Tune its Business for Increased Customer Demand

The world's largest musical instrument retailer to improve performance by more than 30 percent and over 40 percent in data platform savings by moving its core systems to Exadata Database Service on OC...

1 week ago - PRNewsWire

3 Tech Stocks Paying Solid Dividends

When thinking of dividends, typical sectors that come to the minds of many include utilities, finance, or consumer staples. However, it could surprise some that several technology companies also rewar...

Other symbols: AVGOIBM
1 week ago - Zacks Investment Research

Big Boy Improves Cost and Efficiency with Oracle Payment and Inventory Management Tech

Iconic restaurant chain selects Oracle MICROS Simphony Point of Sale and Payment Cloud Service to streamline its operations while better serving diners AUSTIN, Texas , Jan. 18, 2023 /PRNewswire/ -- Am...

2 weeks ago - PRNewsWire

Oracle Named a Leader in the 2022 Gartner® Magic Quadrant™ for Financial Planning Software

Oracle Positioned as a Leader Based on Completeness of Vision and Ability to Execute AUSTIN, Texas , Jan. 17, 2023 /PRNewswire/ -- Oracle has been named a Leader in the 2022 Gartner Magic Quadrant for...

2 weeks ago - PRNewsWire

New Oracle Pricing and Promotion Capabilities Help Retailers Increase Sales

Cloud innovations in the Oracle retail platform make it easier for retailers to manage pricing and promotion strategies that move inventory while building customer loyalty AUSTIN, Texas , Jan. 17, 202...

2 weeks ago - PRNewsWire

Oracle (ORCL) Aids SymphonyAI to Deliver IT Solutions on Cloud

Oracle (ORCL) announces the selection of OCI by SymphonyAI to help its clientele tap the power of cloud flexibility and cost efficiencies.

2 weeks ago - Zacks Investment Research

Retailers embrace AI transition to the cloud with SymphonyAI and Oracle

AI-enabled merchandising and supply chain solutions improve  cost savings and time-to-market  for retail and CPG customers PALO ALTO, Calif. , Jan. 15, 2023 /PRNewswire/ -- SymphonyAI, a leader in hig...

2 weeks ago - PRNewsWire

Oracle (ORCL) Makes In-Store Payment Easier at Retail Stores

Oracle (ORCL) adds Oracle Retail Payments Cloud Service on the retail cloud platform to help retailers with in-store operations and transaction processing.

2 weeks ago - Zacks Investment Research

New Oracle Payment Cloud Service Gives Retailers Greater Transparency and Pricing Flexibility

Retail brands can now accept all major payment options to give shoppers a choice in how they pay without the unexpected costs or long-term contracts AUSTIN, Texas , Jan. 12, 2023 /PRNewswire/ -- The w...

2 weeks ago - PRNewsWire

SailGP Races to Revolutionise Competitive Sailing with NetSuite

NetSuite helps SailGP manage its financial operations and make strategic business decisions as it expands SINGAPORE , Jan. 12, 2023 /PRNewswire/ -- SINGAPORE SAIL GRAND PRIX -- SailGP, the fast-growin...

2 weeks ago - PRNewsWire

Why Is Oracle (ORCL) Up 7.4% Since Last Earnings Report?

Oracle (ORCL) reported earnings 30 days ago. What's next for the stock?

2 weeks ago - Zacks Investment Research

Oracle's Cloud Portfolio Seen as a Silver Lining. Why the Stock is a Buy.

Analysts at Mizuho and Piper Sandler think the software giant is undervalued.

2 weeks ago - Barrons

Monday Top Tech Calls

Bloomberg's Ed Ludlow rounds up the top tech calls of the day: Uber is a buy, Oracle get an overweight rating, and Tesla's price target gets cut in half.

Other symbols: TSLAUBER
3 weeks ago - Bloomberg Technology

Futurum Group's Daniel Newman breaks down tech stocks to watch in 2023

Daniel Newman, CEO of the Futurum Group, joins CNBC's 'Squawk Box' to break down his tech stock picks for 2023.

Other symbols: HPEIBM
1 month ago - CNBC Television

Oracle Reports Booming Growth, Signaling That its $28 Billion Purchase of Cerner Is Paying Off

Cerner contributed $1.5 billion dollars in revenue.

1 month ago - Forbes

For the Fifth Year, Oracle Scores Highest in All Use Cases in 2022 Gartner® Critical Capabilities for Cloud Database Management Systems for Operational Use Cases

Gartner recognizes Oracle as a Leader in the 2022 Magic Quadrant™ for Cloud Database Management Systems AUSTIN, Texas, Dec. 22, 2022 /PRNewswire/ -- Oracle today announced that it has been recognized ...

1 month ago - PRNewsWire

Cramer says he likes these technology and real-estate stocks for 2023

CNBC's Jim Cramer offered some of his favorite tech and real-estate stocks for 2023 on Wednesday's "Mad Money."

Other symbols: AVGOFRTOPANWPLD
1 month ago - CNBC

Jim Cramer believes these tech stocks can have a solid year in 2023

CNBC's Jim Cramer explains why he expects "old" tech stocks like Oracle to perform well next year.

Other symbols: AVGOPANW
1 month ago - CNBC Television

If TikTok gets banned in the US, Oracle could be the secret loser

TikTok's US user data is on Oracle's cloud servers, and a ban would hurt Oracle's fast growing cloud business, analysts say.

1 month ago - Business Insider