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
Target Low Average Median High
Price $105 $135.56 $140 $160
Change -16.18% +8.21% +11.76% +27.72%

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 '23Nov '23Dec '23Jan '24Feb '24Mar '24
Strong Buy 788889
Buy 8888810
Hold 101011111111
Sell 000000
Strong Sell 000000
Total 252627272730

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
Strong Buy
Upgrades
n/a
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
More Analyst Ratings

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%
Year 2019202020212022202320242025202620272028
Revenue
39.51B39.07B40.48B42.44B49.95B54.52B59.04B64.68B71.69B78.77B
Revenue Growth
0.31%-1.11%3.61%4.84%17.70%9.13%8.31%9.55%10.83%9.88%
EPS
2.973.084.552.413.075.666.347.207.848.24
EPS Growth
249.41%3.70%47.73%-47.03%27.39%84.50%11.93%13.57%8.93%5.07%
No. Analysts -----35352633
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025202620272028
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 20242025202620272028
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 20242025202620272028
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 20242025202620272028
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.