- Oracle unveils a new global initiative to boost AI and cloud tech sales to defense clients.
- Analysts provide a mixed forecast for Oracle's stock price over the next year.
- Current valuation assessments show potential downside from Oracle's present trading price.
Oracle Corporation (ORCL, Financial) is making waves with its latest strategic move by announcing the Oracle Defense Ecosystem. This ambitious global initiative is set to empower smaller technology firms by facilitating the sale of AI and cloud solutions to defense customers. The program aims to guide these companies through the intricate procurement processes while leveraging Oracle’s vast cloud capabilities.
Wall Street Analysts Forecast
According to projections by 31 analysts, Oracle Corp (ORCL, Financial) is expected to reach an average target price of $210.76 within the next year. The potential range extends from a high of $246.00 to a low of $165.00. This average target suggests a current downside of 0.16% from Oracle's current trading price of $211.10. For a deeper dive into these estimates, visit the Oracle Corp (ORCL) Forecast page.
The consensus from 41 brokerage firms places Oracle Corp (ORCL, Financial) at an average recommendation of 2.1, signifying an "Outperform" status. In the rating system used, a score of 1 corresponds to a Strong Buy, while a score of 5 corresponds to a Sell.
From a valuation perspective, GuruFocus estimates Oracle Corp's (ORCL, Financial) GF Value for the upcoming year at $148.54. This suggests a notable downside of 29.64% from its current price of $211.10. The GF Value represents an estimated fair value based on historical trading multiples, past growth, and future business performance projections. Additional insights are available on the Oracle Corp (ORCL) Summary page.
