Does Oracle Stock (ORCL) Still Have Room to Grow After This Week’s Rally?

Oracle (ORCL) stock saw strong positive momentum this week as it was caught up in a larger AI rally. The company’s data servers and cloud offerings make it a strong player in the AI space, causing the shares to climb nearly 20% over the past five days. With those gains, some analysts might wonder if ORCL stock still has room to grow. Analysts seem to think so.

Oracle stock closed out Thursday at $178.34 per share and was trading for about $183.09 per share on Friday morning. While that represents significant gains from last Friday’s closing price of $138.13, analysts expect even more rallies for ORCL stock. The highest price target among Wall Street analysts is $400, implying a 121.74% upside. This was set by five-star Guggenheim analyst John Difucci in March and came with a Buy rating.

On the flip side of analyst price targets, five-star Monness analyst Brian White has the lowest price target for ORCL stock at $149, representing a possible 17.4% downside. Traders will also note that White has a Hold rating for Oracle stock. White took a neutral stance on Oracle despite listing various strengths, as some risks also raised concerns for the investor.

Oracle Stock Movement Today

Oracle stock was up 3.08% on Friday, but was still down 4.99% year-to-date. The stock has rallied 38.66% over the past 12 months.

ORCL stock saw limited trading activity today, as some 628,000 shares changed hands. For perspective, the company’s three-month average daily trading volume is well above that at 27.77 million shares.

Is Oracle Stock a Buy, Sell, or Hold?

Turning to Wall Street, the analysts’ consensus rating for Oracle is Strong Buy, based on 27 Buy and six Hold ratings over the past three months. With that comes an average ORCL stock price target of $245.11, representing a potential 32.95% upside for the shares.