Oracle Corporation (ORCL)
Market Cap | 320.95B |
Revenue (ttm) | 50.96B |
Net Income (ttm) | 9.38B |
Shares Out | 2.74B |
EPS (ttm) | 3.36 |
PE Ratio | 34.87 |
Forward PE | 20.17 |
Dividend | $1.60 (1.37%) |
Ex-Dividend Date | Oct 11, 2023 |
Volume | 5,601,387 |
Open | 116.07 |
Previous Close | 116.21 |
Day's Range | 115.26 - 117.35 |
52-Week Range | 78.06 - 127.54 |
Beta | 1.02 |
Analysts | Buy |
Price Target | 127.04 (+8.43%) |
Earnings Date | Dec 15, 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 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 26 analysts, the average rating for ORCL stock is "Buy." The 12-month stock price forecast is $127.04, which is an increase of 8.43% from the latest price.
News

Oak View Group Partners with Oracle to Supercharge Fan Experiences at Sports and Live Entertainment Venues
Oracle Point of Sale and Payments Technology to Help Streamline OVG Hospitality's In-venue Food and Beverage Experience with Shorter Customer Lines and Integrated Kitchen Inventory System DENVER and...

Community and Critical Access Hospitals Select Oracle Health CommunityWorks
Integrated EHR helps hospitals with smaller operations better serve patients while improving clinician efficiency and collaboration AUSTIN, Texas , Nov. 14, 2023 /PRNewswire/ -- Several new healthcar...

Oracle Helps Healthcare Organizations Improve Inventory Management
New mobile capabilities within Oracle Fusion SCM help healthcare organizations optimize stock availability and improve patient care AUSTIN, Texas , Nov. 14, 2023 /PRNewswire/ -- To help healthcare or...
Edward Jones says buy Oracle now
The "Halftime Report" traders debate the biggest analyst calls of the day

Oracle was late to the game in the cloud but now its stock could win big, this bull says
Oracle Corp. was late to the game in its cloud efforts, according to one analyst, but its recent work to catch up could help its stock get rewarded.

Oracle Named a Leader for Fifth Time in 2023 Gartner® Magic Quadrant™ for Cloud ERP for Product-Centric Enterprises
Oracle positioned furthest right in "Completeness of Vision" and highest for "Ability to Execute" AUSTIN, Texas , Nov. 13, 2023 /PRNewswire/ -- Oracle has been named a Leader for the fifth consecutive...

Oracle Expands Support for Open Source Community at KubeCon + CloudNativeCon
Oracle donates $3 million in Ampere Arm-based compute credits per year for three years to the Cloud Native Computing Foundation to foster innovative cloud native projects Oracle launches project to op...

Rheem Boosts Efficiency and Powers a More Sustainable Future with Oracle Cloud
Leading global manufacturer consolidates and automates supply chain, customer service, HR, and finance processes in the cloud AUSTIN, Texas , Nov. 7, 2023 /PRNewswire/ -- Rheem, a leading global manu...

Oracle Cloud Infrastructure Utilized by Microsoft for Bing Conversational Search
AUSTIN, Texas , Nov. 7, 2023 /PRNewswire/ -- Oracle today announced a multi-year agreement with Microsoft to support the explosive growth of AI services. Microsoft is using Oracle Cloud Infrastructure...
Blue Line's Bill Baruch buys more shares of Microsoft and Oracle
Bill Baruch, Blue Line Capital founder, joins 'Halftime Report' to discuss how he's diversifying his portfolio amid tech earnings.
Jim Cramer takes a closer look at this earnings season's standout stocks
'Mad Money' host Jim Cramer takes a look at today's Fed decision to leave rates unchanged and analyzes what it means for well performing stocks.

Oracle Named a Leader in 2023 Gartner® Magic Quadrant™ for Distributed Hybrid Infrastructure
Oracle Cloud Infrastructure options offer customers more choice and control for their cloud deployments AUSTIN, Texas , Oct. 31, 2023 /PRNewswire/ -- Oracle today announced that it has been named a Le...
Oracle is a buy 'if you're looking for growth at a reasonable price': Satori Fund's Dan Niles
Hosted by Brian Sullivan, “Last Call” is a fast-paced, entertaining business show that explores the intersection of money, culture and policy. Tune in Monday through Friday at 7 p.m.

LSEG to unify Global Finance Operations on Oracle Cloud
Global leader in financial market infrastructure and data services consolidates 17 legacy finance systems on Oracle Fusion Cloud ERP LONDON , Oct. 26, 2023 /PRNewswire/ -- LSEG (London Stock Exchange ...

Mr Price Establishes a Foundation for Growth with Oracle Cloud
South African fashion-value retailer embraces Oracle merchandise to scale and expand its operations with OLR Retail AUSTIN, Texas and DURBAN, South Africa , Oct. 24, 2023 /PRNewswire/ -- Fashion retai...

Oracle Named a Leader in 2023 Gartner® Magic Quadrant™ for Cloud HCM Suites for 1,000+ Employee Enterprises for Eighth Consecutive Year
For six consecutive years, Oracle has been positioned furthest to the right for Completeness of Vision AUSTIN, Texas , Oct. 23, 2023 /PRNewswire/ -- Oracle today announced that it has been named a Lea...

Oracle Continues AI Momentum with NVIDIA AI Enterprise and DGX Cloud Availability in the Oracle Cloud Marketplace
Gemelo.ai Harnesses Oracle Cloud Infrastructure and NVIDIA Software to Power Advanced AI Projects AUSTIN, Texas , Oct. 19, 2023 /PRNewswire/ -- Oracle today announced that NVIDIA AI Enterprise , an e...

ORACLE'S ANNUAL MEETING OF STOCKHOLDERS TO BE HELD NOVEMBER 15, 2023
AUSTIN, Texas , Oct. 18, 2023 /PRNewswire/ -- Oracle (NYSE: ORCL) will hold its 2023 Annual Meeting of Stockholders on Wednesday, November 15, 2023, at 10:00 a.m., Central Time.
Final Trades: Adobe, Oracle & more
The "Halftime Report" traders give their top picks to watch for the second half.

United Medical Uses Oracle Health EHR to Support Growth and Enhance Patient Care for Health Organizations
Oracle EHR helps drive efficiency, improve integration across rapidly growing ambulatory network, and reduce administrative burden for caregivers AUSTIN, Texas , Oct. 17, 2023 /PRNewswire/ -- United M...

Oracle Hosts Data & AI Forum to Showcase How Businesses Can Innovate with AI
Larry Ellison to speak about the latest advances in generative AI Registration is now open to join the October 19 livestream AUSTIN, Texas , Oct. 16, 2023 /PRNewswire/ -- Oracle provides a complete AI...

3 Top AI Stocks To Buy Beyond Nvidia & MAMAA
Artificial intelligence (AI), a non-mainstream concept up until a few years ago, is now the talk of the town. How can investors join this expanding industry?

Oracle Named #1 in Digital Customer Engagement and Experience Analytics by Guidehouse Insights
Oracle Energy and Water tops Leaderboard across vital customer criteria, including product performance, pricing, technology, partners, and vision AUSTIN, Texas , Oct. 10, 2023 /PRNewswire/ -- Rising c...

University of Tennessee System Selects Oracle Student
Statewide higher education system extends use of Oracle Cloud to enhance its students' success CHICAGO , Oct. 10, 2023 /PRNewswire/ -- EDUCAUSE -- The University of Tennessee (UT) System, Tennessee'...

Oracle's stock has a ‘huge call option,' one new bull says
Oracle Corp.'s stock found a new fan Monday as Evercore ISI's Kirk Materne cheered a “more interesting entry point” in the shares, which have fallen 13% since the company last posted earnings.