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Post-Netsuite, What Are Analysts Recommending for Oracle’s Stock?

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Wall Street analysts’ views on Oracle’s stock

Earlier in this series, we discussed Oracle’s (ORCL) recently announced acquisition of NetSuite in the cloud space.

In the systems software space, Oracle’s peers include Microsoft (MSFT), Red Hat (RHT), and ServiceNow (NOW). In this article, we’ll take a look at analysts’ views on Oracle and some of its metrics.

As we can see in the chart above, of the 41 analyst recommendations for Oracle’s stock, three were “sell” recommendations, more than half were “buy” recommendations, and the remainder were “hold” recommendations.

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Oracle’s price performance

Oracle’s stock price movement over the past month has been mildly positive. As of July 29, 2016, the company’s stock had risen by ~1.6%.

In the last year, Oracle’s stock value has risen by close to ~3.5%. Earlier in the series, we discussed the factors that have impacted Oracle’s stock.

Analysts’ target prices

Wall Street analysts’ consensus target price for Oracle was $45.31 per share on July 29, and the median target price for the company was $46. Oracle’s closing price was $41.19 on the day.

You could consider investing in the SPDR S&P 500 ETF (SPY) to gain exposure to Oracle, which makes up 0.7% of SPY. Investors who would like application software exposure could also consider SPY. SPY has 7% exposure to the application software space.

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