Oracle Corporation (ORCL)
NYSE: ORCL · IEX Real-Time Price · USD
125.27
-1.20 (-0.95%)
At close: Mar 27, 2024, 4:00 PM
125.11
-0.16 (-0.13%)
Pre-market: Mar 28, 2024, 9:04 AM EDT
Oracle Stock Forecast
Stock Price Forecast
The 25 analysts with 12-month price forecasts for Oracle stock have an average target of 135.56, with a low estimate of 105 and a high estimate of 160. The average target predicts an increase of 8.21% from the current stock price of 125.27.
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 | Oct '23 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 |
---|---|---|---|---|---|---|
Strong Buy | 7 | 8 | 8 | 8 | 8 | 9 |
Buy | 8 | 8 | 8 | 8 | 8 | 10 |
Hold | 10 | 10 | 11 | 11 | 11 | 11 |
Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Total | 25 | 26 | 27 | 27 | 27 | 30 |
Latest Forecasts
Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
---|---|---|---|---|---|---|---|
Keybanc | Keybanc | Buy Initiates $150 | Buy | Initiates | $150 | +19.74% | Mar 21, 2024 |
Argus Research | Argus Research | Hold → Strong Buy Upgrades n/a | Hold → Strong Buy | Upgrades | n/a | n/a | Mar 14, 2024 |
Goldman Sachs | Goldman Sachs | Hold Maintains $115 → $130 | Hold | Maintains | $115 → $130 | +3.78% | Mar 13, 2024 |
HSBC | HSBC | Strong Buy Maintains $144 → $155 | Strong Buy | Maintains | $144 → $155 | +23.73% | Mar 13, 2024 |
Evercore ISI Group | Evercore ISI Group | Buy Maintains $130 → $145 | Buy | Maintains | $130 → $145 | +15.75% | Mar 12, 2024 |
Financial Forecast
Revenue This Year
54.52B
from 49.95B
Increased by 9.13%
Revenue Next Year
59.04B
from 54.52B
Increased by 8.31%
EPS This Year
5.66
from 3.07
Increased by 84.50%
EPS Next Year
6.34
from 5.66
Increased by 11.93%
Revenue Forecast
Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
High | 57.0B | 62.4B | 69.4B | 75.7B | 84.9B |
Avg | 54.5B | 59.0B | 64.7B | 71.7B | 78.8B |
Low | 52.0B | 54.5B | 56.8B | 67.1B | 72.1B |
Revenue Growth
Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
High | 14.1% | 14.5% | 17.6% | 17.0% | 18.4% |
Avg | 9.1% | 8.3% | 9.6% | 10.8% | 9.9% |
Low | 4.0% | 0.0% | -3.8% | 3.8% | 0.6% |
EPS Forecast
EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
High | 5.95 | 7.18 | 8.15 | 8.07 | 8.48 |
Avg | 5.66 | 6.34 | 7.20 | 7.84 | 8.24 |
Low | 5.33 | 5.79 | 5.93 | 7.54 | 7.92 |
EPS Growth
EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
High | 93.9% | 26.8% | 28.5% | 12.1% | 8.2% |
Avg | 84.5% | 11.9% | 13.6% | 8.9% | 5.1% |
Low | 73.7% | 2.3% | -6.4% | 4.7% | 1.0% |
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.