Oracle Corp's fundamentals are relatively stable, and its growth potential is high.Its valuation is considered fairly valued, ranking 149 out of 485 in the Software & IT Services industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Buy, with the highest price target at 289.60.In the medium term, the stock price is expected to trend down.Despite a weak stock market performance over the past month, the company shows strong fundamentals and technicals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Media Coverage
Oracle Corporation is an American multinational computer technology firm located in Austin, Texas. Co-founded in 1977 in Santa Clara, California, by Larry Ellison, who continues to serve as executive chairman, Oracle was recognized as the third-largest software company in the world by revenue and market capitalization in 2020. In 2023, it achieved an 80th ranking on the Forbes Global 2000 list.
The company specializes in database software, with Oracle Database being a key product, and offers cloud computing solutions. Oracle's primary application software comprises a suite of enterprise software products, including enterprise resource planning, human capital management, customer relationship management, enterprise performance management, Customer Experience Commerce, and supply chain management software.
The current financial score of Oracle Corp is 6.65, ranking 324 out of 485 in the Software & IT Services industry. Its financial status is weak, and its operating efficiency is average. Its latest quarterly revenue reached 16.06B, representing a year-over-year increase of 14.22%, while its net profit experienced a year-over-year increase of 94.70%.
Key Metrics
The current valuation score of Oracle Corp is 6.51, ranking 374 out of 485 in the Software & IT Services industry. Its current P/E ratio is 33.44, which is 121.32% below the recent high of 74.01 and 27.91% above the recent low of 24.11.
The current earnings forecast score of Oracle Corp is 7.96, ranking 195 out of 485 in the Software & IT Services industry. The average price target is 350.00, with a high of 400.00 and a low of 175.14.
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
The current price momentum score of Oracle Corp is 7.22, ranking 135 out of 485 in the Software & IT Services industry. Currently, the stock price is trading between the resistance level at 203.29 and the support level at 166.09, making it suitable for range-bound swing trading.
The Indicators feature provides value and direction analysis for various instruments under a selection of technical indicators, together with a technical summary.
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The current institutional shareholding score of Oracle Corp is 3.00, ranking 282 out of 485 in the Software & IT Services industry. The latest institutional shareholding proportion is 44.94%, representing a quarter-over-quarter increase of 0.37%. The largest institutional shareholder is The Vanguard, holding a total of 168.18M shares, representing 5.85% of shares outstanding, with 2.47% increase in holdings.
The U.S. Dollar Index is currently in a neutral state, which has a neutral effect on the Software & IT Services domestic-focused industry. The Dollar Index (DXY) measures the value of the U.S. dollar against a basket of major currencies, including the euro, yen, pound sterling, Canadian dollar, Swedish krona, and Swiss franc. The current risk assessment score of Oracle Corp is 5.44, ranking 207 out of 485 in the Software & IT Services industry. The company's beta value is 1.64. This indicates that the stock tends to outperform the index during upward trending markets but experiences larger declines during downward trending markets.
