Will Oracle stock go up? (2024)

Will Oracle stock go up?

ORCL Stock 12 Months Forecast

Is Oracle a good investment?

Backtesting of the Quality Grade shows that stocks with higher grades, on average, outperformed stocks with lower grades over the period of 1998 through 2019. Oracle Corp has a Quality Score of 81, which is Very Strong.

Where will Oracle stock be in 10 years?

Oracle stock price stood at $129.01

According to the latest long-term forecast, Oracle price will hit $150 by the middle of 2025 and then $200 by the end of 2027. Oracle will rise to $250 within the year of 2029 and $300 in 2033.

What will Oracle stock be worth in 2030?

If it maintains that multiple, matches analysts' expectations through fiscal 2026, and continues to grow its EPS at a reasonable CAGR of 15% from fiscal 2026 to 2030, its stock could be trading at about $290 per share with a market cap of $800 billion by the beginning of the final year.

Who owns the most Oracle stock?

What is the future prediction of Oracle?

Future Growth

Oracle is forecast to grow earnings and revenue by 14.8% and 8% per annum respectively. EPS is expected to grow by 14.1% per annum. Return on equity is forecast to be 63.5% in 3 years.

Why is Oracle stock doing so well?

Oracle's share rose in late trading Monday after it said its revenue rose last quarter on strong demand for its cloud services that was in part powered by growing interest in generative artificial intelligence.

Should I buy or sell Oracle?

Oracle's analyst rating consensus is a Moderate Buy. This is based on the ratings of 29 Wall Streets Analysts.

What is the Oracle stock prediction for 2025?

Oracle Stock Prediction 2025

The Oracle stock prediction for 2025 is currently $ 143.03, assuming that Oracle shares will continue growing at the average yearly rate as they did in the last 10 years. This would represent a 10.67% increase in the ORCL stock price.

Is Oracle still growing?

From fiscal 2023 to fiscal 2026, analysts expect Oracle's revenue to grow at a compound annual growth rate (CAGR) of 8.5%. They expect its EPS to increase at a CAGR of 23% as its cloud margins rise and it buys back more shares.

What is the target for Oracle stock?

Who did Oracle just buy?

Oracle's acquisition of Cerner: The future of healthcare. Prioritizing outcomes in healthcare is long overdue and now within reach following Oracle's acquisition of Cerner. To achieve more seamless, coordinated care, technology must play a greater role in reframing solutions for health and well-being around the world.

How often does Oracle pay dividends?

Oracle Corporation ( ORCL ) pays dividends on a quarterly basis.

How much of Oracle does Larry own?

Ellison left the Tesla Board in August 2022. As of June 2020, Ellison is said to be the seventh wealthiest person in the world, with a net worth of $66.8 billion. As of 2022, Ellison owns 42.9 percent of the shares of Oracle Corporation, and as of June 2023, 1.4 percent of the shares of Tesla.

What is Oracle's biggest product?

What is the most profitable product of Oracle?

Oracle's cloud services and license support division is the company's most profitable business segment, bringing in over 35 billion U.S. dollars in its 2023 fiscal year.

Is Oracle a buy now?

Analysts at William Blair upgraded Oracle to outperform (buy) with a $160 price target, representing 26% upside from the current share price of $127.

Is Oracle still in demand?

The short answer is yes – Oracle skills are still highly sought after by employers. Let's examine why Oracle certification remains an intelligent career investment in 2023 and beyond.

Will Oracle Cloud survive?

There are investors betting billions of dollars on the answer to this question. I think that Oracle will survive 5 years and maybe another 20 because it has huge financial resources, a huge customer base, and still has a lot of smart people working there.

Is Oracle a good long-term stock?

Many investors might dismiss Oracle (ORCL 1.52%) as a slow-growth tech stock which is owned for stability and income instead of big, long-term gains. But over the past five years, Oracle's stock actually rallied 130% and generated a total return of 150% after including its reinvested dividends.

Why is Oracle stock so low?

Key Points. Oracle stock has been falling for most of the second half of 2023. Blame a slowdown in parts of the company's cloud software business. Oracle stock looks much more reasonably valued than just a few months ago.

Why is Oracle stock tanking?

“For the second straight quarter, Oracle didn't meet Cloud/OCI growth expectations and again pinned the blame on the pace of infrastructure capacity build-outs, which is disappointing and tough to get visibility into (what could be taking so long?),” wrote UBS analysts in a Tuesday note to investors.

Why are customers leaving Oracle?

If you're an Oracle customer, and I'm guessing you are if you're reading this blog, it should come as no surprise that the legacy vendor imposes significant licensing costs and restraints on its customers. Once your business is running on an Oracle database, it can be extremely difficult to get off of it.

Can Oracle be trusted?

For more than 40 years, businesses around the world have relied on Oracle, as their trusted support provider of comprehensive services, to deliver outstanding protection for their vital business interests.

How is Oracle doing financially?

Oracle Corporation (NYSE: ORCL) today announced fiscal 2024 Q3 results. Total quarterly revenues were up 7% year-over-year in both USD and constant currency to $13.3 billion. Cloud services and license support revenues were up 12% in USD and up 11% in constant currency to $10.0 billion.