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Analyst Expectations For Oracle's Future
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Analyst Expectations For Oracle's Future
Jun 17, 2024 12:33 PM

During the last three months, 17 analysts shared their evaluations of Oracle , revealing diverse outlooks from bullish to bearish.

The following table encapsulates their recent ratings, offering a glimpse into the evolving sentiments over the past 30 days and comparing them to the preceding months.

Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish
Total Ratings 4 5 8 0 0
Last 30D 2 0 1 0 0
1M Ago 2 4 7 0 0
2M Ago 0 0 0 0 0
3M Ago 0 1 0 0 0

The 12-month price targets, analyzed by analysts, offer insights with an average target of $147.88, a high estimate of $171.00, and a low estimate of $105.00. This current average reflects an increase of 7.99% from the previous average price target of $136.94.

Breaking Down Analyst Ratings: A Detailed Examination

A comprehensive examination of how financial experts perceive Oracle is derived from recent analyst actions. The following is a detailed summary of key analysts, their recent evaluations, and adjustments to ratings and price targets.

Analyst Analyst Firm Action Taken Rating Current Price Target Prior Price Target
Brad Zelnick Deutsche Bank Raises Buy $165.00 $150.00
Keith Bachman BMO Capital Raises Market Perform $160.00 $142.00
Siti Panigrahi Mizuho Raises Buy $170.00 $160.00
Mark Moerdler Bernstein Raises Outperform $171.00 $159.00
Jason Ader Keybanc Raises Overweight $165.00 $150.00
Brad Reback Stifel Raises Hold $135.00 $120.00
Gil Luria DA Davidson Maintains Neutral $105.00 $105.00
Kirk Materne Evercore ISI Group Raises Outperform $160.00 $145.00
Karl Keirstead UBS Raises Buy $160.00 $150.00
Tyler Radke Citigroup Raises Neutral $140.00 $128.00
Keith Weiss Morgan Stanley Raises Equal-Weight $125.00 $115.00
Mark Murphy JP Morgan Raises Neutral $110.00 $105.00
Derrick Wood TD Cowen Raises Buy $165.00 $145.00
Brad Sills B of A Securities Raises Neutral $155.00 $144.00
Brent Bracelin Piper Sandler Raises Overweight $150.00 $140.00
Tyler Radke Citigroup Lowers Neutral $128.00 $133.00
Jason Ader Keybanc Announces Overweight $150.00 -

Key Insights:

Action Taken: Analysts adapt their recommendations to changing market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their response to recent developments related to Oracle. This information provides a snapshot of how analysts perceive the current state of the company.

Rating: Analysts assign qualitative assessments to stocks, ranging from 'Outperform' to 'Underperform'. These ratings convey the analysts' expectations for the relative performance of Oracle compared to the broader market.

Price Targets: Delving into movements, analysts provide estimates for the future value of Oracle's stock. This analysis reveals shifts in analysts' expectations over time.

Analyzing these analyst evaluations alongside relevant financial metrics can provide a comprehensive view of Oracle's market position. Stay informed and make data-driven decisions with the assistance of our Ratings Table.

Stay up to date on Oracle analyst ratings.

Delving into Oracle's Background

Oracle provides database technology and enterprise resource planning, or ERP, software to enterprises around the world. Founded in 1977, Oracle pioneered the first commercial SQL-based relational database management system. Today, Oracle has 430,000 customers in 175 countries, supported by its base of 136,000 employees.

Oracle: Financial Performance Dissected

Market Capitalization Analysis: The company's market capitalization surpasses industry averages, showcasing a dominant size relative to peers and suggesting a strong market position.

Revenue Growth: Over the 3 months period, Oracle showcased positive performance, achieving a revenue growth rate of 7.58% as of 31 May, 2024. This reflects a substantial increase in the company's top-line earnings. As compared to competitors, the company encountered difficulties, with a growth rate lower than the average among peers in the Information Technology sector.

Net Margin: Oracle's financial strength is reflected in its exceptional net margin, which exceeds industry averages. With a remarkable net margin of 22.0%, the company showcases strong profitability and effective cost management.

Return on Equity (ROE): Oracle's ROE excels beyond industry benchmarks, reaching 42.3%. This signifies robust financial management and efficient use of shareholder equity capital.

Return on Assets (ROA): Oracle's financial strength is reflected in its exceptional ROA, which exceeds industry averages. With a remarkable ROA of 2.26%, the company showcases efficient use of assets and strong financial health.

Debt Management: Oracle's debt-to-equity ratio is notably higher than the industry average. With a ratio of 9.4, the company relies more heavily on borrowed funds, indicating a higher level of financial risk.

What Are Analyst Ratings?

Within the domain of banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their work involves attending company conference calls and meetings, researching company financial statements, and communicating with insiders to publish "analyst ratings" for stocks. Analysts typically assess and rate each stock once per quarter.

Analysts may supplement their ratings with predictions for metrics like growth estimates, earnings, and revenue, offering investors a more comprehensive outlook. However, investors should be mindful that analysts, like any human, can have subjective perspectives influencing their forecasts.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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