- Oracle and OpenAI, with Microsoft's backing, are expanding U.S. data center capacity by 4.5 gigawatts.
- Oracle's current stock price presents both potential downside and opportunities based on various analyst forecasts.
- GuruFocus metrics suggest significant evaluation discrepancies between current and estimated fair value.
Oracle (ORCL, Financial) and OpenAI, in collaboration with Microsoft, are driving forward a groundbreaking expansion of the Stargate data center capacity in the U.S. The project is set to increase capacity by 4.5 gigawatts, pushing the total beyond 5 gigawatts. This ambitious initiative encompasses the deployment of over 2 million advanced chips and continues Oracle's pivotal role through the provision of crucial Nvidia racks.
Wall Street Analysts' Price Forecasts
According to projections from 33 analysts, Oracle Corp's (ORCL, Financial) average one-year target price stands at $236.90. These estimates range from a high of $315.00 to a low of $175.00. This average target anticipates a downside of 2.73% relative to the current stock price of $243.54. Investors seeking more detailed forecast data can explore the Oracle Corp (ORCL) Forecast page.
Brokerage Firms' Recommendations
The consensus from 42 brokerage firms positions Oracle Corp (ORCL, Financial) with an average recommendation of 2.1, categorizing it as an "Outperform" stock. This rating falls within a scale where 1 represents a Strong Buy and 5 indicates a Sell.
GuruFocus Valuation Insights
According to GuruFocus estimates, the GF Value for Oracle Corp (ORCL, Financial) is predicted to be $152.40 in one year, pointing to a downside of 37.42% from the current market price of $243.54. The GF Value represents GuruFocus' assessment of the fair trading value of a stock, derived from historical stock multiples, past business growth, and future business performance estimates. Investors can delve into more comprehensive data on the Oracle Corp (ORCL) Summary page.
