If you are interested in investing in computer technology companies then Oracle Corporation is one of the companies you should consider. The American company is popular across the globe, and its stock is quite attractive. Little wonder many people are interested in Oracle (ORCL) price predictions and forecasts.
We understand that stock price predictions can be very helpful when making investment decisions. Of course, potential investors need to get a good idea of how the price of a stock, commodity or any other asset will perform in the future before they spend their money to buy it. Here, we will cover Oracle (ORCL) stock price predictions for 2023 to 2030.
In keeping with our tradition, we will not rush you through the predictions. Instead, we will discuss key this you need to know about Oracle Corporation and its stock, as well as how the ORCL stock has performed in the past. We will then discuss the price predictions for the coming years in a straightforward manner to help you make an informed decision at the end.
What You Need To Know About Oracle Corporation
Oracle Corporation is an American technology company that primarily develops and markets software applications for businesses. It is recognized as one of the largest software companies in the world by revenue and market capitalization. Though the company is primarily based in Austin, Texas, it is a global corporation by all standards.
Oracle is mostly called a software company, but it designs, manufactures, and sells both software and hardware products. It also offers a wide range of complementary services to businesses, including consulting, hosting, training, and financing services. Its most popular products, however, are software, databases middleware, applications, enterprise management, development software, file systems, operating systems, and an array of hardware products.
Like most other top technology corporations, Oracle offers services. The chief service is Oracle Cloud, which provides Platform as a Service (PaaS), Software as a Service (SaaS), Infrastructure as a Service (IaaS), and Data as a Service (DaaS).
Oracle was founded in 1977 by Larry Ellison and Bob Miner as Software Development Laboratories. It was renamed Rational Software Inc. in 1978. After its flagship product, Oracle Database performed so well, the company was renamed Oracle Systems Corporation in 1983. In 1995, the company changed its name to Oracle Corporation.
Oracle Corporation is known for innovation and aggressive marketing. It has grown significantly over the years by releasing several products and marketing aggressively. The company has also made several notable acquisitions, including PeopleSoft in 2005, Siebel in 2006, BEA in 2008, Sun Microsystems in 2010, and NetSuite in 2016.
Oracle had its initial public offering (IPO) on 12th March 1986. Since then, its shares are available for any interested investor.
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Oracle (ORCL) Stock Price History
As mentioned earlier, Oracle Corporation went public on 12th March 1986, offering its stock to investors at $15 per share. Yahoo Finance started tracking the price of the stock immediately and we will rely on their data for this section.
On 1st April 1986, ORCL price opened at $0.06 and closed at $0.07. On 1st December of the same year, it opened at $0.07 and closed at $0.05. The very first stock split was a 2:1 split and it happened on 25th March 1987. On 1st June 1987, the stock opened at $0.17 and closed at $0.14.
On 1st January 1987, ORCL opened at $0.18 and closed at $0.17. On 1st December 1988, it opened at $0.21 and closed at $0.24. The next 2:1 stock split happened on3rd July 1989 and on 1st August 1989, the stock opened at $0.38 and closed at $0.46. On 1st June 1990, the stock opened at $0.49 and closed at $0.48.
On 1st January 1991, Oracle stock price opened at $0.19, reached a high of $0.24 and closed at $0.22. On December 1st 1991, it opened at $0.33 and closed at $0.36. On 1st June 1992, the stock opened at $0.36, reached a high of $0.43 and eventually closed at $0.38. On 1st January 1993, ORCL opened at $0.70 and closed at $0.80. Another 2:1 stock happened on 9th November 1993 and on 1st December 1993, the stock opened at $1.59 and closed at $1.42.
On 1st December 1994, Oracle (ORCL) stock price opened at $2.02 and closed at $2.18 per share. On 1ST June 1995, it opened at $2.59, reached a high of $3.00 and closed at $2.86. On 1st January 1996, the stock opened at $3.17 and closed at $3.54. On 1st December 1996, ORCL opened at $5.43 and closed at $4.64. On 1st July 1997, it opened at $5.55, reached a high of $6.56 and closed at $6.05.
After Oracle stock opened at $6.02 and closed at $5.55 on 1st November 1997, it started dropping gradually. On 1st June 1998, it opened at $3.93 and closed at $4.09. The next growth phase started immediately and on 1st December 1998, the stock opened at $5.61, reached a high of $7.48 and eventually closed at $7.19.
On 1st February 1999, Oracle stock opened at $9.17, reached a high of $10.29 and closed at $9.31. On 1st December 1999, it opened at $17.11, reached a high of $28.34 and closed at $28.02. The stock reached the $30 mark in December 1999.
On 1st January 2000, Oracle stock price opened at $31.16, reached a high of $31.30 and closed at $24.98. On 1st December 2000, it opened at $26.38, reached a high of $33.13 and eventually closed at $29.06 per share.
After reaching a high price of $35.00 on 1st January 2001, Oracle stock value went on a bearish trend. It dipped considerably to $10 in September 2001 and by June 2002, it had dropped to as low as $7.25 per share. It started recovering around September 2002 and by 1st December 2002, ORCL opened at $12.36 and closed at $10.80.
The Oracle stock failed to gain or lose significant monetary value throughout 2003, 2004, and 2005. On 1st January 2006, it opened at $12.23 and closed at $12.57. On 1st December 2006, it opened at $19.11 and closed at $17.14. On 1st June 2008, the stock opened at $22.77 and closed at $21.00. On 1st January 2009, it opened at $17.64 and closed at $16.83. On 1st December 2009, it opened at $22.16 and closed at $24.53.
The Oracle stock recorded a noticeable gain in 2010. On 1st December 2010, it opened at $27.58, reached a high of $32.27 and closed at $31.30. On 1st June 2012, the stock opened at $25.98 and closed at $27.70.
On 1st January 2013, Oracle (ORCL) stock opened at $34.08 and closed at $35.51. On 1st December 2013, it opened at $35.37 and closed at $38.26. On 1st June 2014, ORCL opened at $41.96 and closed at $40.52. On 1st January 2015, it opened at $45.02 and closed at $41.89. On 1st December 2015, ORCL opened at $39.05 and closed at $36.53.
On 1st June 2016, Oracle stock opened at $40.06 and closed at $40.93. On 1st December 2016, it opened at $40.11 and closed at $38.45. On 1st June 2017, ORCL opened at $45.52, reached a high of $51.36 and closed at $50.14. On 1st January 2018, the stock opened at $47.57 and closed at $51.59. On 1st December 2018, the Oracle stock opened at $49.44 and closed at $45.15.
On 1st January 2019, Oracle stock price opened at $44.48 and closed at $50.23. On 1st December 2019, the stock opened at $56.23 and closed at $52.98. On 1st June 2020, ORCL opened at $53.28 and closed at $55.27. On 1st December 2020, the stock opened at $58.20, reached a high of $66.20 and closed at $64.69.
Oracle stock had a spectacular year in 2021. On 1st January 2021, it opened at $64.69 and closed at $60.43. On 1st June 2021, the stock opened at $79.58, reached a high of $85.03 and closed at $77.84. On 1st December 2021, ORCL opened at $91.69, reached a high of $106.34 and closed at $87.21.
On 1st January 2022, Oracle (ORCL) stock opened at $87.33, reached a high of $89.58 and closed at $81.16.
Oracle stock price chart. Source: TradingView
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Oracle (ORCL) Stock Price Forecasts
According to experts' Oracle stock price forecasts, traders can see positive momentum in the Oracle stock price trend in the upcoming years. As per the common technical analysis and Oracle stock price prediction a long-term increase is expected. The price prognosis for 2027 is $157. With 5-years investment in Oracle shares, the revenue is expected to be around +52%.
Making a longer-term Oracle price prediction involves many factors for your investment. The Oracle (ORCL) share price can touch a new all-time high in the upcoming years. It is not enough just to review the Oracle price prediction of technical analysis for future investment. This is where the fundamental and technical analysis of ORCL comes into play. The price movement of the stock mentioned here is subject to future market capitalization and is for information purposes only. Investors are requested to do their own research about the stock market before considering financial decisions to avoid the high risk involved with the Oracle stock.
Now answering about the Oracle stock price forecast, how much the share will be worth by the end of this year could be answered as the price of Oracle stock has initiated a price recover and the maximum expected price for this year to be around $92. The minimum expected Oracle price would be around $90. The share is likely to cross the $100 mark soon as the share may recover soon and register a new high.
We’ve discussed the most important things you need to know about Oracle Corporation and have also discussed the price history of its stock from when the company went public to the present times. Now is the time to discuss how the price of the stock will move in the coming years.
Before delving fully into the price prediction section, it is important to state that price predictions are derived from deep technical analysis. Though they are realistic to some level, they are never infallible. It is best to use them as suggestions of what the prices of assets will be in the future.
Oracle Stock Price Prediction For 2023
Oracle stock has the potential to grow at the rate we have predicted for 2022. If that happens, then you should expect even more meaningful growth in the coming years. In 2023, we don’t see anything that could possibly affect the price of the stock in any negative way.
As per experts the price prediction of Oracle (ORCL) might continue the gradual upward trend. And as per our forecast data, by the end of 2023, it would be able to cross the $100 mark. The predicted high for 2023 might be more than $104.797, and on the downside, the low estimate might be around $91.514. As per our Oracle stock price forecast for 2023, the stock is projected to open at $91.535 and close at $104.691
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Oracle Stock Price Prediction For 2024
In 2024, we expect that Oracle will become bigger by all standards. Judging from what the company has already achieved, one can understand why it is tipped to succeed even more in the coming years. Once there is no significant drawback, the price of ORCL will receive a boost in 2024.
As per the ORCL price prediction for 2024, the price might cross $100 by the end of 2024. As per our prediction & forecast for price movement, the predicted maximum price for 2024 might be around $118.098, and on the downside, the low might be around $104.685. According to the Oracle stock forecast, it is expected that the stock will open in January 2024 at $104.714. The stock will then improve throughout the months of the year and close at $117.910. The future results predicted does not necessarily reflect the long term earning potential.
Oracle Stock Price Prediction For 2025
Already, Oracle is a global company with a very large market. Considering its aggressive marketing style, we expect that the company will have a much bigger market by 2025. Also, considering that it has a history of satisfying its customer, there is no need to doubt that its revenue will be boosted and that, of course, will have a positive impact on the price of its stocks.
As per our Oracle stock price forecast 2024, the shares might be able to touch the $135 price mark on the upside, while on the downside, it might fall down to $117.860. As per our ORCL price prediction & forecast update, the share price might trade around $130 by the end of 2025. According to the result of our price prediction and analysis, ORCL stock will most likely open in 2025 at $117.902 and close at $131.132.
Oracle Stock Price Prediction For 2026
While being realistic, we need to approach stock price predictions positively, which is why we also believe that Oracle ORCL will perform even better in 2026 than in previous years. The company has the potential to design and market some top-notch software and products that can generate the money to expand even more.
A custom algorithm based on deep learning also gives powerful insights for your investment that help us decide if Oracle stock could be a good portfolio addition for the future. These stock predictions take several variables into account, such as volume changes, price changes, market cycles, and similar stocks. The future stock price increase of Oracle is predicted ORCL share will open the year at $131.037 and close at $144.217. Throughout the year, the stock is expected to record a minimum price of $131.026 while the maximum price is expected to be in the region of $144.284, according to our long-term price prediction Oracle.
Oracle Stock Price Prediction For 2027
If you are a long-term stock investor who likes to set your eyes on five years investments, then 2027 will be the year you want to be certain of your potential return from Oracle stock investment. The good news is that it is expected that Oracle will become even bigger by 2027 and the price of its shares will benefit meaningfully from its expansion.
As per our ORCL price prediction for 2027, the stock price is expected to open at $144.283 and close at $157.254. The minimum price for the entire year is expected to be $143.892 while the maximum price is expected to be in the region of $157.978.
Oracle Stock Price Prediction For 2028
One of the major reasons Oracle has grown so much in the tech industry is because of the quality of its products and services. We do not expect that the reputable company will slow down any soon. Rather, we expect that it will release several other exciting products in the coming years. By 2028, many people will probably be using Oracle’s products and services.
Of course, the better the products and services from Oracle, the more valuable its stock will become. According to our prediction, ORCL share price will open in 2028 at $157.068 and then close at $182.763. The minimum price for the stock in 2028 is expected to be $156.968 while the maximum Oracle price will be in the region of $182.072.
Oracle Stock Price Prediction For 2029
In addition to being a highly innovative company, Oracle is also known for making important acquisitions that will improve its market share and improve its image at the same time. There are good chances that the company will make notable acquisitions in 2029. If that happens, then the price of its stock will also benefit immensely.
As per our Oracle (ORCL) stock price prediction & forecast for 2029, the stock price is expected to open at $182.694 and close at $202.708. The minimum price of the ORCL stock for the year is expected to be $181.849 while the maximum price is expected to be in the region of $202.916.
Oracle Stock Price Prediction For 2030
It’s a little challenging to predict how a big corporation like Oracle will fare in 2030. However, judging by how it has performed in the past decades, one cannot help but anticipate a bigger and better corporation by 2030. Also, considering how its stock has performed in the past couple of years, it is not wrong to predict that the price of ORCL will skyrocket by 2030. All the same, we are always realistic.
Experts forecast the Oracle stock price prediction 2030 to cross $205 barriers reaching $207 to $220 by the end of the year. The Oracle future price prediction 2030 certainly looks promising as the company displays fairly strong fundamentals for future investments. The positive Oracle price forecasts for the next decade forecasts that the average price for ORCL might reach the $230 mark.
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Should You Invest In Oracle (ORCL) Stock?
You don’t need to be told that Oracle Corporation is a big tech company. You also don’t need to be told that it has been performing wonderfully in decades. But when it comes to investing your money, there are many things to consider first.
According to the current trend, it looks like the average Oracle price will take a few years to cross $200. There could also be some new features getting added or new acquisitions. These kinds of announcements tend to lead to an increase in a stock’s value.
Given the sell-off scenario, you could expect abrupt Oracle market changes with lots of peaks and troughs. On a medium to long-term price analysis, Oracle has been on a mixed trend, like many other stocks. With intermittent stony paths, the mainstream indication for traders is that Oracle stock has been a very active performer.
Oracle stock price may see a considerable surge in its current share price. The Oracle (ORCL) price is expected to hit new highs of $120 in the near future.
Based on what we have discussed so far, Oracle stock (ORCL) is a pretty decent investment. Looking at its price history, you can tell that the price rises and falls from time to time. However, you can also notice that the price has increased significantly over time. Some of the earliest investors must have earned so much from ORCL.
Coming to Oracle (ORCL) stock price prediction, you can also see that our forecasts show that the stock is going to become a lot more valuable in the coming years. It is looking like a very good investment at the moment, and we believe things will only change for the better.
It is important to state here that stocks are also volatile, though not as volatile as cryptocurrencies and other digital assets. It is possible that the price of ORCL will drop in the future and your capital will take a hit. However, we have seen over the years that the stock can always recover and yield significant returns for patient investors.
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Are you seriously considering investing in Oracle (ORCL) stock but need answers to some pressing questions? Here are answers to some of the commonest questions we get about Oracle stock price predictions and forecasts.
Oracle Stock Price Prediction FAQs
Will Oracle stock ever hit reach $100?
Yes, Oracle stock can reach $100. In fact, it has reached the $100 mark before, and we expect that it will get back to that level in 2023 (next year).
Will Oracle Stock ever hit $1000?
According to the present trend and analyzing the past performance, it looks like the Oracle stock price will take several years and possibly decades to hit $1000.
What will Oracle stock be worth in 2030?
The year 2030 will be best for Oracle stock according to major forecasts. Also it's too early to say about Oracle's forecast for 2030 at this moment, but according to the recent trend, it looks like it's definitely going to reach between $220 to $230.
How much is Oracle stock worth in 2025?
Oracle prediction for 2025 reveals the future ORCL share price going up to $130 high suggesting optimistic future of Oracle share. In 2025, Oracle stock is likely to hover around $135. It has the potential to cross $140 if it does not come across any conflicts. Trading Education's Oracle stock price predictions suggest that the ORCL price will record positive momentum in the long-term.
Is Oracle (ORCL) Stock a profitable investment?
Yes, Oracle stock is a profitable investment. The price has increased over time, and our predictions show that it will improve even more in the coming years.
Is Oracle stock a good investment for the future?
Yes, Oracle stock looks like a solid investment for the future. Oracle Corporation is a global corporation that creates and markets some of the best software and hardware components. The company also offers top-notch services. It has the potential to grow bigger, and that is something investors should be happy about.
Will Oracle stock go up?
Yes, ORCL stock is likely to go up in the future. Our forecasts show that the Oracle stock will be able to reach a maximum price of $104.797 in 2023. It is also projected that Oracle share will record a maximum price of $157.978 in 2027. ORCL is also projected to record a maximum price of $229.054 per share in 2030.
What will Be Oracle (ORCL) Stock in the next five years?
According to our forecasts, Oracle (ORCL) Stock will record a minimum price of $143.892 and a maximum price of $157.978 in 2027, which is five years away.
What will be Oracle Stock in the next ten years?
The price of Oracle stock in the next ten years will likely be between $270 and $290 per share. Of course, there are many factors that can influence this, but it is a realistic projection.
Can Oracle stock crash?
No. It is unlikely that a big corporation like Oracle will crash suddenly. On the other hand, we expect that it will grow bigger and better. In the same vein, the chances of its stock crashing are almost non-existent.
Is Oracle (ORCL) Stock a risky investment?
Like other stocks on the financial market, ORCL carries some level of risk. Though it is considered safer than crypto and other digital assets, it is still considered a risky investment. You need to be careful when buying/investing.