Oracle Corporation (ORCL)
NYSE: ORCL · IEX Real-Time Price · USD
143.28
+0.19 (0.13%)
At close: Jul 2, 2024, 4:00 PM
143.11
-0.17 (-0.12%)
After-hours: Jul 2, 2024, 7:57 PM EDT

Oracle Stock Forecast

Stock Price Forecast

The 24 analysts with 12-month price forecasts for Oracle stock have an average target of 146.54, with a low estimate of 105 and a high estimate of 175. The average target predicts an increase of 2.28% from the current stock price of 143.28.

Analyst Consensus: Buy
Target Low Average Median High
Price $105 $146.54 $155 $175
Change -26.72% +2.28% +8.18% +22.14%

Analyst Ratings

The average analyst rating for Oracle stock from 30 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating Jan '24Feb '24Mar '24Apr '24May '24Jun '24
Strong Buy 8899910
Buy 881010107
Hold 111111121213
Sell 000000
Strong Sell 000000
Total 272730313130

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Morgan Stanley
Morgan Stanley
Hold
Maintains
$125
Hold Maintains $125 -12.76% Jun 25, 2024
Guggenheim
Guggenheim
Strong Buy
Reiterates
$175
Strong Buy Reiterates $175 +22.14% Jun 25, 2024
Argus Research
Argus Research
Strong Buy
Maintains
$145$159
Strong Buy Maintains $145$159 +10.97% Jun 18, 2024
Deutsche Bank
Deutsche Bank
Strong Buy
Maintains
$150$165
Strong Buy Maintains $150$165 +15.16% Jun 17, 2024
BMO Capital
BMO Capital
Hold
Maintains
$142$160
Hold Maintains $142$160 +11.67% Jun 17, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
59.05B
from 52.96B
Increased by 11.50%
Revenue Next Year
65.41B
from 59.05B
Increased by 10.77%
EPS This Year
6.38
from 3.71
Increased by 71.96%
EPS Next Year
7.33
from 6.38
Increased by 14.86%
Year 2020202120222023202420252026202720282029
Revenue
39.07B40.48B42.44B49.95B52.96B59.05B65.41B73.37B80.60B89.23B
Revenue Growth
-1.11%3.61%4.84%17.70%6.02%11.50%10.77%12.17%9.85%10.71%
EPS
3.084.552.413.073.716.387.338.499.2410.19
EPS Growth
3.70%47.73%-47.03%27.39%20.85%71.96%14.86%15.91%8.80%10.26%
Forward PE
-----22.4619.5516.8715.5014.06
No. Analysts -----36341244
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20252026202720282029
High 61.4B 69.4B 78.0B 88.7B 100.9B
Avg 59.0B 65.4B 73.4B 80.6B 89.2B
Low 55.4B 60.0B 66.2B 71.6B 77.5B

Revenue Growth

Revenue Growth 20252026202720282029
High
15.8%
17.6%
19.3%
20.9%
25.1%
Avg
11.5%
10.8%
12.2%
9.9%
10.7%
Low
4.6%
1.6%
1.2%
-2.5%
-3.8%

EPS Forecast

EPS 20252026202720282029
High 6.92 8.19 9.75 9.60 10.69
Avg 6.38 7.33 8.49 9.24 10.19
Low 5.92 6.41 7.72 8.80 9.60

EPS Growth

EPS Growth 20252026202720282029
High
86.5%
28.4%
33.1%
13.0%
15.7%
Avg
72.0%
14.9%
15.9%
8.8%
10.3%
Low
59.4%
0.5%
5.4%
3.6%
3.9%
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.