Oracle (ORCL, Financial) shares climbed by 5%, reaching $184.78, after the company announced better-than-expected fourth-quarter earnings. These results surpassed analysts' forecasts, providing a boost to investor confidence. The company's strong financial performance underscores its ability to navigate market challenges effectively, encouraging a positive market reaction.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 31 analysts, the average target price for Oracle Corp (ORCL, Financial) is $183.18 with a high estimate of $246.00 and a low estimate of $130.00. The average target implies an upside of 3.86% from the current price of $176.38. More detailed estimate data can be found on the Oracle Corp (ORCL) Forecast page.
Based on the consensus recommendation from 41 brokerage firms, Oracle Corp's (ORCL, Financial) average brokerage recommendation is currently 2.1, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Oracle Corp (ORCL, Financial) in one year is $142.41, suggesting a downside of 19.26% from the current price of $176.38. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Oracle Corp (ORCL) Summary page.
