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
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 '24 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 |
---|---|---|---|---|---|---|
Strong Buy | 8 | 8 | 9 | 9 | 9 | 10 |
Buy | 8 | 8 | 10 | 10 | 10 | 7 |
Hold | 11 | 11 | 11 | 12 | 12 | 13 |
Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Total | 27 | 27 | 30 | 31 | 31 | 30 |
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 |
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%
Revenue Forecast
Revenue | 2025 | 2026 | 2027 | 2028 | 2029 |
---|---|---|---|---|---|
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 | 2025 | 2026 | 2027 | 2028 | 2029 |
---|---|---|---|---|---|
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 | 2025 | 2026 | 2027 | 2028 | 2029 |
---|---|---|---|---|---|
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 | 2025 | 2026 | 2027 | 2028 | 2029 |
---|---|---|---|---|---|
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.