- Oracle's strategic expansion in the cloud sector could significantly boost its revenue by 2028.
- Analysts upgrade Oracle's price target, reflecting positive market sentiment.
- Potential investment opportunities hinge on future growth against current valuations.
Oracle (NYSE: ORCL) has been spotlighted by Evercore ISI as a formidable force within the global cloud market. A pivotal deal could infuse up to $30 billion in cloud revenue by the fiscal year 2028. Capitalizing on this momentum, Evercore has revised Oracle's price target to $270, supported by a notable 30% rise in Oracle's shares over the past month.
Wall Street Analysts' Projections
Analyzing the insights from 32 financial analysts, the one-year price target for Oracle Corp (ORCL, Financial) averages at $229.93. Predictions vary, with high estimates reaching $275.00 and low forecasts at $175.00. This average price target intimates a potential upside of 1.49% from the current market price of $226.55. Investors eager for more specifics can explore the Oracle Corp (ORCL) Forecast page.
The brokerage consensus, derived from 41 firms, positions Oracle Corp's (ORCL, Financial) average recommendation at 2.1, aligning with an "Outperform" rating. This evaluation is based on a scale ranging from 1 (Strong Buy) to 5 (Sell).
In contrast, GuruFocus' proprietary metrics estimate a GF Value for Oracle Corp (ORCL, Financial) at $152.23 in one year, suggesting a potential downside of 32.81% from the current trading price of $226.55. The GF Value is derived from historical multiples, past business growth, and future performance forecasts. For a comprehensive analysis, visit the Oracle Corp (ORCL) Summary page.
