Oracle Corporation (ORCL)
| Market Cap | 315.75B |
| Revenue (ttm) | 52.51B |
| Net Income (ttm) | 10.64B |
| Shares Out | 2.75B |
| EPS (ttm) | 3.79 |
| PE Ratio | 30.31 |
| Forward PE | 19.35 |
| Dividend | $1.60 (1.39%) |
| Ex-Dividend Date | Apr 9, 2024 |
| Volume | 8,249,329 |
| Open | 116.12 |
| Previous Close | 116.00 |
| Day's Range | 114.46 - 116.77 |
| 52-Week Range | 93.29 - 132.77 |
| Beta | 1.01 |
| Analysts | Buy |
| Price Target | 135.56 (+18.0%) |
| Earnings Date | Jun 10, 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, Oracle Advertising, and NetSuite applications suite, as well as Oracle Fusion Sale... [Read more]
Financial Performance
In 2023, Oracle's revenue was $49.95 billion, an increase of 17.70% compared to the previous year's $42.44 billion. Earnings were $8.50 billion, an increase of 26.59%.
Financial StatementsAnalyst Forecast
According to 31 analysts, the average rating for ORCL stock is "Buy." The 12-month stock price forecast is $135.56, which is an increase of 18.00% from the latest price.
News
Oracle and Reka Collaborate to Advance AI Innovation
Reka's multimodal and multilingual language models will be available on the Oracle Cloud Marketplace Enterprise customers can now deploy production-ready AI models that blend inputs from text, images,...
Oracle to invest $8 billion in Japan to meet growing AI, cloud demand
Oracle Corp. plans to invest more than $8 billion in Japan over the next decade to meet growing demand for AI and cloud infrastructure.
Oracle to invest over $8 bln in Japan in cloud computing, AI
Oracle said on Wednesday it will invest more than $8 billion over the next 10 years to meet demand for cloud computing and AI infrastructure in Japan.
Oracle to Invest More Than $8 Billion in Cloud Computing and AI in Japan
Planned investment will grow Oracle Cloud Infrastructure's footprint in Japan Expanded local support and operations team will help customers and partners address digital sovereignty requirements AUSTI...
Oracle Named a Leader in 2024 Gartner® Magic Quadrant™ for Transportation Management Systems for 17th Time
Oracle was positioned highest for its Ability to Execute AUSTIN, Texas , April 10, 2024 /PRNewswire/ -- Oracle has been named a Leader for the 17th time in the 2024 Gartner® Magic Quadrant™ for Transp...
New Oracle AI-powered Cloud Service Helps Banks Mitigate Anti-Money-Laundering Risks
Oracle Financial Services Compliance Agent identifies and remediates vulnerabilities to lessen banks AML threats and improve evidence-based decisions to mitigate model risk HOLLYWOOD, Fla. , April 8, ...
Oracle's Larry Ellison thinks every government will want to build a 'sovereign' AI cloud in the future
Oracle chairman Larry Ellison envisions a future of 'sovereign clouds' powered by AI running governments, and recent work he's done with Albania is a preview.
PLTR & ORCL to Deliver Cloud & A.I. Solutions Through Partnership
Palantir (PLTR) and Oracle (ORCL) announced a partnership. Alex Coffey and Jenny Horne discuss how Palantir is to move foundry workloads to Oracle cloud infrastructure.
Palantir Stock Rises on Cloud Software Deal With Oracle
The agreement pairs two companies making a big push to capture the growing appetite for artificial-intelligence software in large businesses.
Oracle teams up with Palantir on AI solutions
Oracle Corp (NYSE: ORCL) just teamed up with Palantir Technologies Inc (NYSE: PLTR) on AI solutions. Its shares are up less than 1.0% at writing.
Oracle and Palantir Join Forces to Deliver Mission Critical AI Solutions to Governments and Businesses
Joint cloud, data, and AI solutions aim to accelerate decision-making from HQ to the tactical edge Palantir selects Oracle Cloud Infrastructure to enhance efficiency, performance and sovereignty for a...
Calls of the Day: Bank of America, Oracle, Abbvie and Pfizer
The Investment Committee debates the latest calls of the day and how to trade them.
Gas South Fuels Customer Experience with Oracle Cloud
Largest Southeastern natural gas retailer collaborates with Oracle to automate services, reduce costs, and boost efficiency AUSTIN, Texas , March 25, 2024 /PRNewswire/ -- Oracle Energy and Water Custo...
Larry Elison's net worth grows by $19B as Oracle stock surges
Oracle (NYSE: ORCL) stock price continued soaring this week, lifting Larry Elison's net worth by $19 billion. It has jumped by more than 25% this year and by over 50% in the past 12 months.
Round Rock Independent School District Police Department Deploys Oracle Public Safety Suite to Enhance Incident Response Capabilities
Police Department uses real-time data insights to enhance information flow between officers and decision makers AUSTIN, Texas , March 21, 2024 /PRNewswire/ -- Round Rock Independent School District P...
Oracle Releases Java 22
New release delivers 12 JDK Enhancement Proposals to improve the Java language and enhance the development platform's performance, stability, and security JavaOne returns to the San Francisco Bay Area...
Administrative Office of the United States Courts (AOUSC) selects Oracle as Cloud Service Provider
Oracle Cloud Infrastructure Government Cloud is included in a 10-year U.S. $100M plan AUSTIN, Texas , March 19, 2024 /PRNewswire/ -- The Administrative Office of the U.S. Courts, on behalf of the Fede...
AI Innovators Flock to Oracle to Address Some of the World's Most Pressing Challenges
Modal, Suno, Together AI, and Twelve Labs leverage Oracle Cloud Infrastructure and OCI Supercluster to train and inference next-generation AI models AUSTIN, Texas , March 18, 2024 /PRNewswire/ -- AI t...
Oracle and NVIDIA to Deliver Sovereign AI Worldwide
Oracle and NVIDIA collaborate to deliver accelerated computing and generative AI services that establish digital sovereignty and manage proprietary national and personal data Oracle adopts NVIDIA Grac...
These older tech companies are playing catch-up in genAI
The news hit like a thunderbolt across the artificial-intelligence landscape: Apple Inc. and Alphabet Inc.'s Google are in discussions to bring the latter's Gemini AI tools to iPhone software.
The Score: Southwest Airlines, Oracle, Dollar Tree and More Stocks That Defined the Week
Here are some of the major companies whose stocks moved on the week's news.
Robinhood Outperforming, Under Armor Downgraded, Oracle Upgraded After Quarterly Results | Top Calls
Top calls today are Robinhood Outperforming, Under Armor Downgraded and Oracle Upgraded After Quarterly Results.
Oracle Adds New GenAI Features to Cloud Applications and Expands Microsoft Partnership
Oracle (ORCL) announced new artificial intelligence (AI) features integrated into its cloud application systems and an expansion of the regions where it offers Oracle Database@Azure in partnership wit...
Oracle Unveils New AI Capabilities for Finance and Supply Chain
Oracle has added new generative artificial intelligence (AI) capabilities to its Fusion Cloud Applications Suite. “The latest AI additions include new generative AI capabilities embedded in existing b...
Oracle Takes on Microsoft with New AI Features, and Other Technology News Today
Oracle is sharpening its rivalry with Microsoft over AI-enabled software, but the two companies are also working together.