Summary:
- Jefferies raises Oracle's price target to $270, maintaining a Buy rating.
- Oracle's strategic agreements could significantly enhance its fiscal 2028 revenue.
- Current analyst consensus leans towards an "Outperform" status, with varied price target estimates.
Jefferies has recently increased Oracle's (ORCL, Financial) price target from $220 to $270, while maintaining a Buy stance. This upgrade is attributed to Oracle's strategic multi-billion-dollar agreements, which project substantial growth in the company's Infrastructure as a Service sector. These developments are expected to positively influence Oracle's fiscal 2028 revenue estimates, reaffirming its position as a leading force in the software industry.
Wall Street Analysts Forecast
The consensus among 32 analysts offers a diverse range of one-year price targets for Oracle Corp (ORCL, Financial), with an average target price sitting at $222.77. The high estimate reaches $275.00, while the low estimate is $175.00. Currently, the average target implies a potential downside of 4.09% from the existing price of $232.26. For more detailed insights into these estimates, visit the Oracle Corp (ORCL) Forecast page.
Oracle Corp's (ORCL, Financial) performance is mirrored in the consensus recommendation from 41 brokerage firms, which collectively assign an average brokerage recommendation of 2.1. This indicates an "Outperform" rating on the scale where 1 represents a Strong Buy and 5 indicates a Sell.
GuruFocus Estimates
Moreover, according to GuruFocus estimates, the projected GF Value for Oracle Corp (ORCL, Financial) in one year is calculated to be $152.05. This suggests a potential downside of 34.53% from the current trading price of $232.26. The GF Value is determined by considering historical trading multiples, past business growth, and future business performance estimates. For further detailed analysis, refer to the Oracle Corp (ORCL) Summary page.
