Oracle Corporation (ORCL)
NYSE: ORCL · Real-Time Price · USD
175.31
+1.55 (0.89%)
Oct 22, 2024, 4:00 PM EDT - Market closed
Oracle Stock Forecast
Stock Price Forecast
The 23 analysts with 12-month price forecasts for Oracle stock have an average target of 173.17, with a low estimate of 130 and a high estimate of 205. The average target predicts a decrease of -1.22% from the current stock price of 175.31.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Oracle stock from 28 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 | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 |
---|---|---|---|---|---|---|
Strong Buy | 9 | 10 | 10 | 10 | 9 | 9 |
Buy | 10 | 7 | 7 | 7 | 9 | 9 |
Hold | 12 | 13 | 13 | 13 | 10 | 10 |
Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Total | 31 | 30 | 30 | 30 | 28 | 28 |
Latest Forecasts
Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
---|---|---|---|---|---|---|---|
JMP Securities | JMP Securities | Buy Maintains $175 → $205 | Buy | Maintains | $175 → $205 | +16.94% | Oct 18, 2024 |
Bernstein | Bernstein | Buy Maintains $201 → $202 | Buy | Maintains | $201 → $202 | +15.22% | Sep 30, 2024 |
Melius Research | Melius Research | Hold → Strong Buy Upgrades n/a | Hold → Strong Buy | Upgrades | n/a | n/a | Sep 16, 2024 |
Jefferies | Jefferies | Strong Buy Maintains $170 → $190 | Strong Buy | Maintains | $170 → $190 | +8.38% | Sep 16, 2024 |
JP Morgan | JP Morgan | Hold Maintains $120 → $140 | Hold | Maintains | $120 → $140 | -20.14% | Sep 13, 2024 |
Financial Forecast
Revenue This Year
59.23B
from 52.96B
Increased by 11.83%
Revenue Next Year
66.35B
from 59.23B
Increased by 12.02%
EPS This Year
6.37
from 3.71
Increased by 71.83%
EPS Next Year
7.34
from 6.37
Increased by 15.15%
Revenue Forecast
Revenue | 2025 | 2026 | 2027 | 2028 | 2029 |
---|---|---|---|---|---|
High | 61.4B | 69.8B | 80.9B | ||
Avg | 59.2B | 66.3B | 75.4B | ||
Low | 55.9B | 60.7B | 66.2B |
Revenue Growth
Revenue Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
---|---|---|---|---|---|
High | 16.0% | 17.8% | 21.9% | ||
Avg | 11.8% | 12.0% | 13.7% | ||
Low | 5.6% | 2.4% | -0.2% |
EPS Forecast
EPS | 2025 | 2026 | 2027 | 2028 | 2029 |
---|---|---|---|---|---|
High | 6.92 | 8.19 | 8.98 | ||
Avg | 6.37 | 7.34 | 8.39 | ||
Low | 5.92 | 6.41 | 7.72 |
EPS Growth
EPS Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
---|---|---|---|---|---|
High | 86.5% | 28.5% | 22.3% | ||
Avg | 71.8% | 15.1% | 14.2% | ||
Low | 59.4% | 0.5% | 5.2% |
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.