Oracle Corporation (ORCL)

NYSE: ORCL · IEX Real-Time Price · USD
70.70
+3.07 (4.54%)
At close: Jun 24, 2022 4:03 PM
70.50
-0.20 (-0.28%)
After-hours: Jun 24, 2022 7:59 PM EDT
4.54%
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...]

Industry Software
IPO Date Mar 12, 1986
CEO Safra Catz
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 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.

Price Target
$91.76
(29.79% upside)
Analyst Consensus: Buy
Stock Forecasts

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...

Top Wall Street analysts say these are the best stocks to beat the volatile market

TipRanks analyst ranking service pinpoints Wall Street's best-performing stocks, including Apple and Bank of America.

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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.

Other symbols: AVGOTXN

6 Tech Stocks You Can Count On to Move Higher Over the Next 12 Months

Six tech stocks you can count on to move higher over the next 12 months. This is based on the quality of their underlying earnings, dividends, and free cash flow, despite a recession that it likely happ...

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.

Other symbols: XLEFDXXOM

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...

6 High-Tech Stocks That Are Too Cheap to Ignore

These high-tech stocks all have low P/E multiples, low payout ratios and good dividend yields. Consider them before the markets recover.

Other symbols: AVTCHGGMSFTMUGOOGGOOGL

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.