Oracle Stock Price – ORCL Price Today, History, Prediction
Betting on the Oracle stock price is an obvious choice for many investors worldwide. This is because Oracle stock (ORCL) has undeniable advantages, which we will explore in this analysis. We will also look at the Oracle historical stock price while also studying forecasts and targets. Finally, we will show you how to start investing in ORCL stock price in a few simple steps.
Oracle Stock Price Chart Today
Overview of Oracle Stock Price
After falling in the face of the onset of the covid-19 pandemic like all stocks, albeit with a much less limited pullback, the Oracle stock price began an uptrend. Indeed, after bottoming just below $40 in March 2020, Oracle share price then indeed followed an almost straight uptrend.
The Oracle stock price chart shows that the price trend is part of an ascending channel since the beginning of the year 2021. So much so, that the Oracle share price marked an all-time high of $98.95 at the end of October 2021.
Oracle Stock Price History
Below, we’ll take a closer look at the Oracle stock price history since its IPO, as well as the various stock splits that have taken place during the stock’s history
Oracle stock historical stock price
From the end of the 1990s until the beginning of the 2000s, Oracle share price was on a powerful upward trend, mainly because of the Internet bubble.
While Oracle stock price was around $3 in 1995, it peaked at $46.5 in September 2000. During this period, the stock price for Oracle increased by more than 15 times.
Following this, the Internet bubble bursting brought Oracle stock value below $8 in May 2002, a drop of more than 80% in about 2 years. Since then, Oracle stock price trend has been upward and hasn’t been challenged. The uptrend in ORCL stock price even accelerated sharply in the beginning of 2021, so many expect it to break through the critical psychological threshold of $100 for the first time in its history.
Oracle stock price splits
Sometimes, a company decides to reduce the unit value of its shares, without any impact on the market capitalization. This is basically dividing the value of the shares and multiplying their number. For example, with a stock worth $10, a 2-for-1 stock split will replace the stock with two new shares worth $5 each.
As far as Oracle stock price is concerned, there have been 11 stock splits in its history. Each time, Oracle’s stock split ratio was either 2 to 1 or 3 to 1. It is worth noting that the last Oracle stock split took place in October 2000. Since then, the company has not indicated a willingness to perform a new stock split.
Oracle Stock Price Forecast
This section will look at what professional banking analysts Oracle stock price forecast. We will also discuss analysts’ Oracle stock price target.
- First, we will note that 20 analysts are currently tracking Oracle stock. There are 5 that recommend buying, 13 that recommend holding, and two that recommend selling.
- The average price target posted by its analysts for ORCL stock is just under $94, which is about the Oracle stock price today Nasdaq.
- However, some analysts are more optimistic than others. For example, Deutsche Bank has a $110 Oracle stock price target, implying a 15% upside potential compared to Oracle stock price today.
- Finally, investors should note that the analysts’ range for Oracle stock price target is $66 to $125. The last target of $125 implies a potential upside of over 30%.
In the longer term, for example with regard to the Oracle stock price forecast 2025, there are generally few analysts who officially publish price targets.
Where Can I Buy ORCL Stock Today?
To invest in ORCL, you first need to choose an online broker. It is important to select a broker with high regulation, a wide range of assets and an efficient trading platform. ZFX is a reliable option to trade Oracle stock, as it fulfills all these criteria and more.
ZFX provides its clients with the popular and trustworthy MT4 trading platform. It offers competitive fees, tools to allow you to keep learning, a free demo account…You’ll also be able to diversify your portfolio with international stocks, indices, currencies and commodities.
How to Buy Oracle Stock Easily
Buying Oracle stock from ZFX broker is a quick and easy process. In fact, you will be able to open an online account in just a few minutes by following these steps.
1 – Register with ZFX
First, go to the ZFX website homepage and click on the “open an account”. A registration form will appear. You will need to enter your personal details, as shown in the image below.
It will also be necessary to verify your phone number via SMS. You will then have to choose your account type, and accept the general and privacy policies.
After completing and validating the form, you will be able to download the MT4 platform.
ZFX will display your MT4 login and password, which you need to keep safely for when you access MT4.
2 – Make your first deposit
To deposit money into your ZFX account, you will need to click the “make a deposit” button on the screen displayed immediately after registration. You will then be asked to choose a payment method. Let’s take Mastercard as an example:
You will be asked to enter the amount to be deposited and then select “Confirm Deposit”. You will then need to enter your credit card information before the final validation of the payment.
3 – Account verification
The final step before you can purchase the Oracle stock is to verify your account. To do this, you will need to submit supporting documents online, as shown below:
4 – Invest in Oracle stock at current price
Once your documents are validated, you will then be ready to trade Oracle stock. Simply download the MT4 platform and login using the details provided by ZFX. Once logged in, you will have access all the ZFX instruments. Select the ORCL and start investing as you wish.
To Buy or Not to Buy Oracle?
Should you buy Oracle stocks? Let’s outline the main arguments in favour of betting on the Oracle stock price to help you determine if it could suit your portfolio.
A growing cloud business
Historically, Oracle has sold hardware – a declining activity, due to the rise of cloud services. However, Oracle has not missed this strategic shift and in fact holds the third position worldwide in terms of market share in cloud computing, behind Amazon and Microsoft. This position implies a margin of progression superior to that of the two leaders, who are seeing this activity slow down. Thus, investing in Oracle stock price could be a good choice for investors who want to gain exposure to the long-term growth of the cloud computing industry.
A safe and steady dividend
Oracle stock price performance is boosted by a dividend yield of around 1.5%. While this may seem modest at first glance, it is an exceptionally high dividend for a technology stock. Thus, investing in Oracle stock will also be suitable for long-term income-oriented investors.
A strong technical uptrend
As discussed earlier in this guide, the stock price Oracle has been in a powerful uptrend for several years. At no time has the stock challenged this underlying uptrend. So, Oracle stock price could continue to rise at its current pace for a long time. In fact, many analysts anticipate a breach of the major psychological threshold of $100 in time.
Things to Know about the Oracle Stock Price before you Invest
This section provides tips that should help you start investing in the Oracle stock price in the right conditions.
Study Oracle’s financial results in detail
All stock investors should be aware of the quarterly results of the stocks they include in their portfolios. Therefore, each quarter, you should study Oracle’s earnings reports in detail. We will be particularly interested in the performance of its cloud computing activities, which are currently its most dynamic source of growth.
Choose a reliable broker
Choosing a broker is a crucial step for a beginner trader. You will need to choose a regulated broker that offers a trading platform that you feel comfortable with. You will also need to check that they offer some additional services such as trading training and charge reasonable fees. Note that ZFX checks all these boxes and more.
Also look at other investments too
While there are reasons to believe that Oracle stock price could rise in the future, this does not mean that you should invest all of your capital in this one asset. In fact, diversification is one of the pillars of investing. Thus, you should preferably choose several stocks in various sectors and countries to dilute the risk, and avoid having a big drop in one stock creating a drop in your whole portfolio.
Learn the basics of technical analysis
Finally, if your goal is to profit from the daily price fluctuations of the Oracle stock by practicing short-term trading, you will need to learn the basics of technical analysis. Indeed, technical analysis will allow you to analyse the trend at a glance, know when to buy and sell thanks to the trading signals, and know where to place your stops and limits.
Bottom Line: Should you Buy Oracle Stock Now?
The reason why investing in the Oracle Corp stock price is such a popular choice for investors of all stripes is that the stock combines many advantages, including a strong upward trend in the Oracle stock price over the past several years. We’ve also seen in this guide that Oracle share price forecast seems favorable.
It is also interesting to note that in addition to having solid bullish potential as a technology stock, Oracle stock also has some exciting characteristics for conservative traders, such as a solid dividend.
If you think that an investment in the Oracle stock price could be a wise choice for your portfolio, you can trade ORCL today via ZFX. This regulated broker, which offers its clients the MT4 platform and competitive fees, in addition to other significant strengths.