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How Wall Street Analysts See Oracle Stock


Jul. 12 2017, Updated 10:35 a.m. ET

Analysts’ views on Oracle’s stock

Earlier in this series, we discussed the factors that enabled various industry analysts to raise their price targets and recommendations on Oracle stock. Oracle’s (ORCL) peers include Microsoft (MSFT), Red Hat (RHT), and ServiceNow (NOW) in the systems software space. Let’s take a look at the market views of Oracle and its metrics.

Of the 35 analyst recommendations for Oracle’s stock, only one is a “sell” recommendation. More than 60% of the ratings recommended a “buy,” and the remainder were “hold” recommendations, as the chart below shows. Analysts’ recommendations for Oracle remained unchanged—even after posting better-than-expected fiscal 2017 results.

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Oracle’s stock price performance

Oracle stock has benefited over the past month, following the recent surge due to better-than-expected fiscal 4Q17 results. On June 27, 2017, the company’s stock had risen ~1.2%.

Oracle stock had surged to a one-year high on the back of revenue growth and better-than-expected 4Q17 results.

In the past year, Oracle stock has risen 29.4%, returning high double-digit value to its shareholders. Earlier in this series, we discussed the factors that provided a boost to Oracle stock.

Analysts’ target prices

Wall Street analysts’ target price for Oracle was $54.09 per share on June 27, 2017. The median target price was $45.00. Oracle’s closing price was $50.75 that day.

You can consider investing in the SPDR S&P 500 ETF (SPY) (SPX) to gain exposure to the technology sector. This ETF has ~18.0% of its holdings in the technology sector.


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