- Oracle (ORCL, Financial) exceeds Q4 earnings expectations with a significant revenue increase.
- Wall Street analysts project a moderate upside potential for Oracle shares.
- According to GuruFocus, Oracle's current stock price may be overvalued compared to its GF Value estimate.
Oracle (ORCL) delivered an impressive performance in the fourth quarter, exceeding earnings projections with a non-GAAP EPS of $1.70. The company's revenue surged to $15.9 billion, marking an 11.3% increase compared to the previous year. Notably, Oracle's cloud revenue rose by 27%, reaching $6.7 billion, propelled by significant advancements in cloud infrastructure and applications.
Wall Street Analysts' Predictions
Oracle Corp (ORCL, Financial) is in the spotlight on Wall Street, with 31 analysts providing a one-year price target that averages at $183.18. These projections range from a high of $246.00 to a low of $130.00, suggesting a potential upside of 3.86% from the current trading price of $176.38. Investors can explore more comprehensive estimate data on the Oracle Corp (ORCL) Forecast page.
Moreover, consensus from 41 brokerage firms gives Oracle Corp (ORCL, Financial) an average brokerage recommendation of 2.1, placing it within the "Outperform" category. This rating operates on a scale from 1 to 5, where 1 indicates a Strong Buy and 5 signifies a Sell.
Evaluating Oracle's Valuation
According to GuruFocus estimates, the projected GF Value for Oracle Corp (ORCL, Financial) in the next year is $142.41. This figure provides a potential downside of 19.26% from its current price of $176.38, suggesting that the stock may be overvalued at present. The GF Value represents GuruFocus' assessment of the fair value at which the stock should trade, based on historical multiples, past business growth, and future performance estimates. Further data is available on the Oracle Corp (ORCL) Summary page.
