Fintel reports that on January 16, 2025, Cantor Fitzgerald initiated coverage of Oracle (NYSE:ORCL) with a Overweight recommendation.
Analyst Price Forecast Suggests 23.39% Upside
As of December 23, 2024, the average one-year price target for Oracle is $198.67/share. The forecasts range from a low of $131.30 to a high of $231.00. The average price target represents an increase of 23.39% from its latest reported closing price of $161.01 / share.
See our leaderboard of companies with the largest price target upside.
The projected annual revenue for Oracle is 58,309MM, an increase of 6.15%. The projected annual non-GAAP EPS is 6.57.
What is the Fund Sentiment?
There are 4,392 funds or institutions reporting positions in Oracle. This is an increase of 181 owner(s) or 4.30% in the last quarter. Average portfolio weight of all funds dedicated to ORCL is -16.55%, an increase of 2,703.48%. Total shares owned by institutions increased in the last three months by 3.89% to 1,419,701K shares. 
The put/call ratio of ORCL is 0.93, indicating a bullish outlook.
What are Other Shareholders Doing?
VTSMX - Vanguard Total Stock Market Index Fund Investor Shares holds 52,411K shares representing 1.87% ownership of the company. In its prior filing, the firm reported owning 52,079K shares , representing an increase of 0.63%. The firm increased its portfolio allocation in ORCL by 14.07% over the last quarter.
VFINX - Vanguard 500 Index Fund Investor Shares holds 41,862K shares representing 1.50% ownership of the company. In its prior filing, the firm reported owning 40,915K shares , representing an increase of 2.26%. The firm increased its portfolio allocation in ORCL by 13.63% over the last quarter.
Jpmorgan Chase holds 41,826K shares representing 1.50% ownership of the company. In its prior filing, the firm reported owning 39,990K shares , representing an increase of 4.39%. The firm increased its portfolio allocation in ORCL by 16.97% over the last quarter.
Geode Capital Management holds 35,195K shares representing 1.26% ownership of the company. In its prior filing, the firm reported owning 34,310K shares , representing an increase of 2.51%. The firm increased its portfolio allocation in ORCL by 14.14% over the last quarter.
FXAIX - Fidelity 500 Index Fund holds 19,640K shares representing 0.70% ownership of the company. In its prior filing, the firm reported owning 19,409K shares , representing an increase of 1.17%. The firm increased its portfolio allocation in ORCL by 12.56% over the last quarter.
Oracle Background Information
(This description is provided by the company.)
The Oracle Cloud offers a complete suite of integrated applications for Sales, Service, Marketing, Human Resources, Finance, Supply Chain and Manufacturing, plus Highly- Automated and Secure Generation 2 Infrastructure featuring the Oracle Autonomous Database.
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