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How to Buy Oracle Stock

Oracle Corp

Oracle is a software infrastructure company located in California, United States, which is part of the Technology sector, and is traded under the ticker ORCL on the NYSE exchange.

Oracle stock last closed at $125.61, up 0.27% from the previous day, and has increased 39.8% in one year. It has overperformed other stocks in the Software - Infrastructure industry by 0.16 percentage points. Oracle stock is currently +40.02% from its 52-week low of $89.71, and -5.4% from its 52-week high of $132.77.

At the moment, there are 2.75B shares of ORCL outstanding. The market capitalization of ORCL is $345.24B. In the past 24 hours, 6.49M ORCL shares were traded.

How to Buy Oracle Stock

Not sure how to invest in Oracle stock? Here's how.
  1. Decide where to buy Oracle stock: You need to pick a stock brokerage, but don't worry - we've analyzed dozens of stock brokerages and apps to help you choose where to buy Oracle stock.
  2. Open a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
  3. Fund your investment account: Select your payment method and add your information.
  4. Research Oracle stock: The Oracle ticker symbol is ORCL. Is Oracle stock a good investment? Should you buy shares of ORCL? How do ORCL's underlying business fundamentals look? Do top analysts think Oracle is a good buy? Why has ORCL's stock price moved recently? (Hint: Our stock research tools can help you evaluate if ORCL is a good stock to buy).
  5. Execute your ORCL trade: Decide if you will purchase ORCL shares at the current market price or use a limit order to buy ORCL shares at a given price.
  6. Keep an eye on your ORCL investment: Create a watchlist to important notifications about your investment in Oracle shares.

Step 1: Decide where to buy Oracle stock

You need a brokerage account in order to access the NYSE market and buy ORCL stock.

A brokerage account allows you to buy and sell a variety of financial instruments, such as stocks, bonds, mutual funds, and ETFs.

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Step 2: Open a brokerage account

Now that you've selected your brokerage, the next step is to fill out some personal info so you are able to invest in ORCL stock today.

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Step 3: Fund your investment account

Now that you have created your account on app for investing, you need to deposit funds:

Watch the walkthrough below if you need help transferring money into your investment account.

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Step 4: Research Oracle stock

After you have figured out the best place to buy Oracle stock, it's absolutely critical to research their stock before you invest, so you actually wrap your head around the risk and upside.

Oracle quick stats

ORCL Price
$125.61
1w %
-2.64%
1y %
39.8%
5y %
136.15%
P/E
32.29x
P/B
61.4x
P/S
6.57x
PEG
1.57x
Revenue
$52.51B
Earnings
$10.64B
Fore. Rev. Growth
6.01%
Fore. Earn. Growth
20.53%
Market Cap
$345.24B
Next Earnings
N/A
Next Dividend
Apr 24, 2024

Oracle Due Diligence Checks

WallStreetZen was built to help everyday investors perform better fundamental analysis.

You can see all of the due diligence checks on ORCL's stock page.

Is ORCL stock undervalued?

You can use many financial metrics, analyses, models, and charts to gauge ORCL's true value.

Using relative valuations measures:

  • ORCL could be undervalued based on its P/E ratio of 32.29x, relative to Software - Infrastructure industry P/E ratio of 89.41x
  • ORCL may be overvalued based on its P/B ratio of 61.4x, relative to Software - Infrastructure industry P/B ratio of 12.26x
  • ORCL may be overvalued based on its PEG ratio of 1.57x

You can do more valuation research on ORCL's stock here.

ORCL Financials at a glance

Signs that ORCL is financially healthy:

  • ORCL profit margin has gone up from 17.5% to 20.3% in the past year.
  • ORCL's operating cash flow of $18.24B allows it to safely service it's debt of $87.98B.

Signs that ORCL is not financially healthy:

  • ORCL has a relatively high debt to equity ratio of 23.28.
  • There are more short-term liabilities than short-term assets on the ORCL balance sheet.
  • ORCL earnings of $14.66B is not sufficient to cover its interest payments.
  • Total ORCL debt is higher than 5 years ago, relative to shareholder equity.
  • There are more long-term liabilities than short-term assets on the ORCL balance sheet.

Is it a good time to buy Oracle stock, according to Wall Street analysts?

Out of 19 Wall Street analysts who give ratings on ORCL, the consensus analyst rating on ORCL is a Buy

Please keep in mind that analyst forecasts are not recommendations, nor are they investment advice.

Latest ORCL Analyst Ratings

Keith Bachman, a top 3% analyst from BMO Capital maintains ORCL with a hold rating and raises their ORCL price target from $126.00 to $142.00, on Mar 12, 2024.

Brad Reback, a top 9% analyst from Stifel Nicolaus maintains ORCL with a hold rating and raises their ORCL price target from $100.00 to $120.00, on Mar 12, 2024.

Stifel Nicolaus's Brad Reback raised their price target on Oracle (NYSE: ORCL) by 20% from $100 to $120 on 2024/03/12. The analyst maintained their Hold rating on the stock.

Although Oracle's cloud business was strong, its services division was sluggish, leading to results that were only in line with Street projections, Reback said to sum up the company's Q3 2024 print, reported on 2024/03/11.

Even though there will be some tailwinds from existing customer cloud migrations, new AI workloads, and Azure databases, the analyst still thinks Oracle's win rates won't change much because "other hyperscalers are spending more to build capacity earlier and keep their technological advantages."

Earnings Report

For Q3 2024, Oracle reported:

  • EPS of $1.41, which beat the Zacks Consensus Estimate by 2.92% and, by 15.6%, Q3 2023's $1.22.
  • Revenue of $13.28B, which beat the Zacks Consensus Estimate by 0.04% and Q3 2023's $12.398B by 7.1%.

For Q4 2024, management guided:

  • EPS of $1.62 to $1.66.
  • Revenue growth, including Cerner, of 4% to 6%.
  • Revenue growth, excluding Cerner, of 6% to 8%.

CEO Safra Catz commented: "Large new cloud infrastructure contracts signed in Q3 drove Oracle's total Remaining Performance Obligations up 29% to over $80B, an all-time record.

"We expect to continue receiving large contracts reserving cloud infrastructure capacity because the demand for our Gen2 AI infrastructure substantially exceeds supply—despite the fact we are opening new and expanding existing cloud data centers very, very rapidly.

"We expect that 43% of our current $80B of Remaining Performance Obligations will be recognized as revenue over the next four quarters and that our Gen2 Cloud Infrastructure business will remain in a hypergrowth phase—up 53% in Q3—for the foreseeable future."

Chairman and CTO Larry Ellison added: "In Q3, Oracle finished moving the majority of Cerner customers to Oracle's Gen2 Cloud Infrastructure.

"In Q4, Oracle will start delivering its completely new Ambulatory Clinic Cloud Application Suite to these same customers. This new AI-driven system features an integrated voice interface called the Clinical Digital Assistant that automatically generates doctors' notes and updates Electronic Health Records—saving precious time and improving health data accuracy.

"The delivery of this revolutionary new healthcare technology will enable the rapid modernization of our customers' health systems over the coming year, and transform Cerner and Oracle Health into a high-growth business for years to come."

Gil Luria, a top 14% analyst from DA Davidson maintains ORCL with a hold rating and announces their ORCL price target of $105.00, on Mar 12, 2024.

Karl Keirstead, a top 11% analyst from UBS maintains ORCL with a strong buy rating and raises their ORCL price target from $130.00 to $150.00, on Mar 12, 2024.

Keith Weiss, a top 2% analyst from Morgan Stanley maintains ORCL with a hold rating and raises their ORCL price target from $106.00 to $115.00, on Mar 12, 2024.

You can dig deeper into what analysts are forecasting on the Oracle stock forecast page.

ORCL Technical Indicators

SMA10
127.2
SMA20
122.14
SMA50
116.67
SMA100
113.1
SMA200
113.56
MACD
3.57
MACD Signal
3.68
MACD Histogram
-0.11
RSI
61.31
Stochastic %K
67.63
Stochastic %D
69.66
StochRSI %K
45.38
StochRSI %D
54.39

Is ORCL Making Money?

Last year, ORCL earnings were $10.64B. During the last 5 year, ORCL's earnings have grown by 6.87% per year. This was slower than the Software - Infrastructure industry average of 132.67%.

Last year, ORCL revenue was $52.51B. In the past 5 year, ORCL's revenue has increased by 5.92% per year. This was slower than the Software - Infrastructure industry average of 17.22%.

You can research ORCL's earnings and revenue performance here.

Who is buying/selling ORCL?

In the last 12 months, insiders at ORCL have sold more shares than they have bought.

Safra Catz, Chief Executive Officer of ORCL, was the latest ORCL insider to sell. They sold $1,346,124.54 worth of ORCL shares on Mar 27, 2024.

Learn more about who owns ORCL stock here.

Does ORCL stock generate passive income?

Oracle pays a dividend of 1.27%, compared to the Software - Infrastructure industry's average dividend yield of 40.83%. If you owned $1,000 of ORCL stock, you would have received $12.74 last year.

Oracle dividend payments have consistently grown over the past decade and have remained stable.

Find more info about Oracle dividend yield and history here.

ORCL Social Trading Data

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Step 5: Execute your ORCL trade

There are two main options:

  • Market order: A market order is an order to buy or sell a stock at the best price on the market.
    Market orders are usually sufficient.
  • Limit order: A limit order enables you to buy or sell a security at a specific price (or better).
    If you want to ensure you're buying or selling at an exact dollar amount, place a limit order.

Press the Open Trade button and your broker will execute your order.

If you want additional assistance buying stocks on eToro, watch the helpful video below:

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Step 6: Keep an eye on your ORCL investment

Now that you own some shares in ORCL, you'll want to stay up-to-date on your stock purchase.

Make a watchlist to see the latest developments about your ORCL stock.

ORCL Feed

How to Buy Stock in Oracle

To reiterate, here are the 6 steps for buying Oracle stock:

  1. Decide where to buy Oracle stock
  2. Open a brokerage account
  3. Fund your investment account
  4. Research Oracle stock
  5. Execute your ORCL trade
  6. Keep an eye on your ORCL investment

If you require a brokerage account, eToro is our recommended option.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you would like to keep track of your investment in Oracle, create a watchlist on WallStreetZen today.

NYSE: ORCL
$125.61+0.34 (+0.27%)
Updated Mar 28, 2024
Open eToro Account
NYSE: ORCL
$125.61+0.34 (+0.27%)
Updated Mar 28, 2024
Open eToro Account

FAQ

How much does it cost to buy one Oracle share?

As of Mar 28, 2024, it costs $125.61 to buy one share of Oracle stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $10, you can buy 0.08 shares of ORCL.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Oracle stock?

According to 19 Wall Street analysts who monitor Oracle, their consensus recommendation is to buy Oracle stock.

What is the best way to buy Oracle stock?

One way to place an order for Oracle stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.