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Where Does Wall Street Think Oracle Corporation (ORCL) Stock Will Go?

Wednesday, October 19, 2022 10:26 AM | InvestorsObserver Analysts

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Where Does Wall Street Think Oracle Corporation (ORCL) Stock Will Go?

Analysts who follow Oracle Corporation (ORCL) on average expect it to increase 32.66% over the next twelve months. Those same analysts give the stock an average rating of Buy. That average rating earns Oracle Corporation an Analyst Ranking of 18, which means it ranks higher than 18 of stocks, based on data compiled by InvestorsObserver.

Overall Score - 3.5
Wall Street analysts are rating ORCL a Buy today. Find out what this means to you and get the rest of the rankings on ORCL!

Why are Analyst Ratings Important?

You can learn a lot about a company from looking at it’s financial statements and comparing them to other companies. Analysts who cover an industry in depth can add even more to your research though. They typically follow a particular sector or industry very closely. They also pay attention to and ask questions on earnings conference calls and other events where they might learn information that does show up in the numbers. InvestorsObserver takes the average rating from these analysts, and then percentile ranks those averages. This lets you compare stocks in a much more granular way than just seeing the typical five-tiered rating system used on most of Wall Street.

What's Happening With Oracle Corporation Stock Today?

Oracle Corporation (ORCL) stock is trading at $66.88 as of 10:14 AM on Wednesday, Oct 19, a loss of -$0.16, or -0.24% from the previous closing price of $67.04. The stock has traded between $66.38 and $67.17 so far today. Volume today is below average. So far 514,600 shares have traded compared to average volume of 10,287,281 shares. Click Here to get the full Stock Report for Oracle Corporation stock.

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