Oracle Corp's fundamentals are relatively healthy, with an industry-leading ESG disclosure.and its growth potential is high.Its valuation is considered fairly valued, ranking 105 out of 473 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 246.07.In the medium term, the stock price is expected to trend up.The company has been performing strongly in the stock market over the past month, which is supported by its 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 7.26, ranking 211 out of 473 in the Software & IT Services industry. Its financial status is stable, and its operating efficiency is average. Its latest quarterly revenue reached 17.19B, representing a year-over-year increase of 21.66%, while its net profit experienced a year-over-year increase of 25.99%.
Key Metrics
The current valuation score of Oracle Corp is 6.51, ranking 356 out of 473 in the Software & IT Services industry. Its current P/E ratio is 34.43, which is 114.96% below the recent high of 74.01 and 29.98% above the recent low of 24.11.
The current earnings forecast score of Oracle Corp is 8.13, ranking 102 out of 473 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 9.64, ranking 31 out of 473 in the Software & IT Services industry. Currently, the stock price is trading between the resistance level at 217.49 and the support level at 157.06, making it suitable for range-bound swing trading.
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The current institutional shareholding score of Oracle Corp is 3.00, ranking 275 out of 473 in the Software & IT Services industry. The latest institutional shareholding proportion is 44.10%, representing a quarter-over-quarter decrease of 1.85%. The largest institutional shareholder is The Vanguard, holding a total of 167.59M shares, representing 5.83% of shares outstanding, with 2.00% 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 205 out of 473 in the Software & IT Services industry. The company's beta value is 1.56. This indicates that the stock tends to outperform the index during upward trending markets but experiences larger declines during downward trending markets. with an industry-leading ESG disclosure.
