The company was founded in 1977 and is based in Redwood City, California. 27 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Oracle in the last year. There are currently 1 sell rating, 16 hold ratings and 10 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" ORCL DotBig shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in ORCL, but not buy additional shares or sell existing shares. According to the issued ratings of 27 analysts in the last year, the consensus rating for Oracle stock is Hold based on the current 1 sell rating, 16 hold ratings and 10 buy ratings for ORCL.
Oracle pays a meaningful dividend of 1.85%, higher than the bottom 25% of all stocks that pay dividends. MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation. There’s a lot to be optimistic about in the Technology sector as 3 analysts just weighed in on Telefonaktiebolaget LM Ericsson (ERIC – Research Report), Oracle (ORCL – Research Report) and Alphabet Class C (GOOG – Research…
The average twelve-month price prediction for Oracle is $88.25 with a high price target of $120.00 and a low price target of $70.00. We sell different types of products and services to both investment professionals and individual investors.
- Oracle is expanding its business application to customers and partners to enable them to personalize their applications as needed.
- Oracle updated its second quarter 2023 earnings guidance on Tuesday, October, 11th.
- The company is scheduled to release its next quarterly earnings announcement on Thursday, December 8th 2022.
- The technique has proven to be very useful for finding positive surprises.
- Oracle’s most recent quarterly dividend payment of $0.32 per share was made to shareholders on Tuesday, July 26, 2022.
Oracle declared that its Board of Directors has approved a share repurchase plan on Thursday, December 9th 2021, which permits the company to repurchase $10,000,000,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to reacquire up to 3.6% of its shares through open market purchases. Shares repurchase plans ORCL stock are generally a sign that the company’s management believes its shares are undervalued. Oracle has been the subject of 9 research reports in the past 90 days, demonstrating strong analyst interest in this stock. According to analysts’ consensus price target of $88.25, Oracle has a forecasted upside of 21.4% from its current price of $72.70.
ORCL Oracle CorporationLatest Stock Analysis
This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from https://dotbig.com/markets/stocks/ORCL/ 2 to -2 . This is a lower news sentiment than the 0.33 average news sentiment score of Computer and Technology companies.
Funds sell technology, buy basic materials and financial services. After a decade of outperformance, these mega-cap stocks are significantly overvalued today. See https://dotbig.com/ price and Buy/Sell Oracle with any amount of money. Discuss news and analysts’ price predictions with the investor community. Enter your email address below to receive the DividendStocks.com newsletter, a concise daily summary of stocks that are about to go ex-dividend as well as new dividend announcements. Analysts like Oracle less than other Computer and Technology companies.
The consensus rating for Oracle is Hold while the average consensus rating for computer and technology companies is Buy. Receive a free world-class investing education from MarketBeat. Learn about financial terms, types of investments, trading strategies, and more. Oracle updated its second quarter 2023 earnings guidance on Tuesday, October, 11th.
Consensus Analyst Price Target
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The company provided EPS guidance of $1.16-$1.20 for the period, compared to the consensus earnings per share estimate of $1.28. The company issued revenue guidance of $11.91 billion-$12.12 billion, compared to the consensus revenue estimate of $12.17 billion. Oracle declared a quarterly dividend on Monday, September 12th. Stockholders of record on Wednesday, DotBig October 12th will be given a dividend of $0.32 per share on Tuesday, October 25th. This represents a $1.28 dividend on an annualized basis and a dividend yield of 1.76%. The ex-dividend date of this dividend is Tuesday, October 11th. Maintaining independence and editorial freedom is essential to our mission of empowering investor success.
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Real-time last sale data for U.S. stock quotes reflect trades reported through Nasdaq Oracle Corporation stock price only. Intraday data delayed at least 15 minutes or per exchange requirements.
No offer to buy securities can be accepted, and no part of the purchase price can be received, until an offering statement filed with the SEC has been qualified by the SEC. An indication of interest to purchase securities involves no obligation or commitment of any kind. According to analysts, Oracle’s stock has a predicted upside of 16.06% based on their 12-month price targets.
Here’s Oracle’s Must-Hold Support Level After Mixed Earnings ReportOracle stock is wavering following ORCL stock price today a mixed earnings report. There may be delays, omissions, or inaccuracies in the Information.