Analysts at DA Davidson have adjusted their outlook on Oracle (ORCL, Financial) by reducing the stock's price target from $150 to $140. The firm maintains a Neutral rating on Oracle shares in an updated research note concerning the software sector. This revision is influenced by the anticipation of one or two quarters of decreased economic activity in the U.S., which could impact growth figures and has already led to a decline in company valuations.
The assessment considers not only the economic factors affecting growth but also anticipates a deceleration in consumer spending and corporate investments in the coming months. This expectation remains despite the ongoing uncertainties surrounding the current trade tariff environment. DA Davidson's outlook suggests cautious optimism but prepares investors for potential headwinds due to these anticipated economic slowdowns.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 31 analysts, the average target price for Oracle Corp (ORCL, Financial) is $187.55 with a high estimate of $246.00 and a low estimate of $145.00. The average target implies an upside of 39.17% from the current price of $134.76. More detailed estimate data can be found on the Oracle Corp (ORCL) Forecast page.
Based on the consensus recommendation from 42 brokerage firms, Oracle Corp's (ORCL, Financial) average brokerage recommendation is currently 2.1, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Oracle Corp (ORCL, Financial) in one year is $138.74, suggesting a upside of 2.96% from the current price of $134.7575. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Oracle Corp (ORCL) Summary page.
