Key Takeaways:
- Oracle's stock surged by 4% due to OpenAI's significant data center lease commitment.
- Analysts offer mixed projections with an average price target slightly below the current stock price.
- Based on GuruFocus metrics, Oracle's long-term fair value indicates a potential price adjustment.
Oracle Corp (ORCL, Financial) recently experienced a notable 4% increase in its stock value, fueled by news that OpenAI plans to lease a substantial 4.5 gigawatts of Oracle's data center capacity for its ambitious Stargate Project. This leasing deal has helped propel Oracle's stock upward, marking a remarkable 40% rise over the past month.
Wall Street Analysts Forecast
According to projections from 32 industry analysts, the average one-year price target for Oracle Corp (ORCL, Financial) stands at $216.30, with estimates ranging from a high of $250.00 to a low of $170.00. This average target indicates a potential downside of 4.92% from the current stock price of $227.48. For further details on these estimates, please visit the Oracle Corp (ORCL) Forecast page.
The consensus rating from 41 brokerage firms categorizes Oracle Corp (ORCL, Financial) with an average recommendation of 2.1, suggesting it holds an "Outperform" status. The rating system ranges from 1 (Strong Buy) to 5 (Sell), underscoring varied perspectives on Oracle's stock performance.
Delving into GuruFocus estimates, the projected GF Value for Oracle Corp (ORCL, Financial) in one year is pegged at $152.01. This indicates a potential downside of 33.18% from its current trading price of $227.48. The GF Value is determined by historical trading multiples, past business growth, and future performance expectations. More in-depth information can be found on the Oracle Corp (ORCL) Summary page.
