Oracle Corp.

Organisation

2300 Oracle Way, Austin, TX, United States, 78741

Headquarters

162000

Employees

Technology Services

Industry

Safra Catz

Oracle Corporation is the world's largest database software provider and the second largest provider of business applications. That also includes Oracle8 database, server-based development tools, and front- and back-office business applications.

Software Development Labs was formed in 1977 by Ellison and co-founders Bob Miner and Ed Oates (the company that would become Oracle). Just in two years, the trio produced the first commercial SQL relational database management system, defying conventional thinking that technology could never scale to serve enormous volumes of data or big numbers of users. The company's ambition is to become the market leader in both middleware and applications while focusing on addressing its clients' information-management issues.

Financial Out-Look
Oracle remained the industry leader in database technology, with versions available for many operating systems and machines, including huge mainframes and microcomputers. Oracle purchased Sun Microsystems in 2008 for $1 billion, which included the computer programming language Java and the operating system Solaris and the popular open-source database MySQL.

Oracle initially reported record revenues of $970.8 million and earnings of $117.4 million for the fiscal year ending May 31, 1990. However, these figures were below Oracle's expectations. After an internal audit caused the business to restate results for three of its four fiscal quarters, the stock price plummeted to $19.88 before plummeting to $11.62 in August. Oracle was able to get a $250 million revolving line of credit from a bank syndicate as a consequence. A few weeks later, the firm disclosed its first-ever quarterly loss of about $36 million, with spending surpassing revenues by 20%; the stock plummeted again, losing more than $2.7 billion in six months. Recently Oracle Corporation (NYSE: ORCL) released its financial results for the third quarter of the fiscal year 2021. Revenues totaled $10.1 billion, up 3% year over year. Revenues from the cloud and licensing support increased 5% to $7.3 billion. Revenues from the cloud and on-premise licenses both increased by 4% to $1.3 billion.

Currently Oracle Corp. has a market cap of $384.22 Billion. It has a P.E ratio of 36.71. The shares of Oracle Corp. are trading at $159.16
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Price

Target

Oracle Corp. (ORCL) Price vs Consensus Price Target

As per the chart shown above, analysts believe that the Oracle Corp. (ORCL) share price will touch around $248.55 in next 12-months.

Currently 41 wall-street analysts regularly analyze the financials of Oracle Corp. on a frequent basis to provide recommendations along with target share price. 41 analysts offering 12-month price forecasts for Oracle Corp. (ORCL) have a share price target of $248.55. This median of share price forecast represents a 56.17% upside from the latest price of $159.15 as on 14.03.26.

Oracle Corp. (ORCL) Share Price Forecast

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Oracle Corp. (ORCL)

Oracle Corp. Stock Forecast

Oracle Corp. Stock Forecast & Price Target (Analyst Recommendation) | INDmoney

Percentage Difference

Oracle Corp. (ORCL): Difference between Current Price & Median Forecasted Price

Below is a chart showing the percentage difference between Oracle Corp.'s share price and its median forecast price. As on 14.03.26, the difference is -31.59%

Oracle Corp. Forecast and Target Price

Oracle Corp. (ORCL) Share Price Forecast

Oracle Corp. (ORCL) Price vs Consensus Price Target

Oracle Corp. (ORCL) Share Price Forecast v/s Share Price Today

Oracle Corp. (ORCL): Difference between Current Price & Median Forecasted Price

Oracle Corp. (ORCL) Share Price Technical Analysis

50 Day Moving Average v/s Current Share Price

200 Day Moving Average v/s Current Share Price