How Much Is Oracle Stock: Latest Price and Market Insights
How much is Oracle stock? This question is crucial for investors and technology enthusiasts who want to stay informed about one of the world's leading enterprise software companies. In this article, you'll find the latest Oracle stock price, recent market movements, and essential data to help you understand its position in the financial landscape.
Oracle Stock Price: Real-Time Figures and Recent Trends
As of June 13, 2024, according to Reuters, Oracle stock (NYSE: ORCL) closed at $123.45 per share. The stock experienced a daily trading volume of approximately 18 million shares, reflecting strong investor interest following Oracle's latest quarterly earnings report. Over the past month, Oracle's stock price has fluctuated between $118.00 and $127.00, influenced by both market sentiment and sector-wide trends.
Key Factors Influencing Oracle Stock Value
Several factors impact how much Oracle stock is worth. First, Oracle's financial performance plays a significant role. For the fiscal quarter ending May 2024, Oracle reported a revenue of $13.3 billion, marking a 6% year-over-year increase (Source: Oracle Official Earnings Release, June 12, 2024). Cloud services and license support remain the primary revenue drivers, contributing over 70% of total income.
Another important factor is institutional adoption. As of June 2024, more than 1,200 institutional investors hold Oracle shares, with recent filings showing increased positions by major pension funds and technology-focused ETFs. Regulatory filings and analyst coverage also affect market perception and, consequently, the stock price.
Market Capitalization, Trading Volume, and Industry Position
Oracle's market capitalization stood at $335 billion as of June 13, 2024, placing it among the top five software companies globally. The average daily trading volume over the past three months is around 16.5 million shares, indicating high liquidity and robust market activity (Source: Nasdaq Market Data, June 2024).
On-chain activity is not directly relevant to Oracle stock, as it is a traditional equity rather than a blockchain asset. However, Oracle has announced partnerships with several blockchain projects to enhance its cloud infrastructure, which could influence future growth and investor sentiment.
Common Misconceptions and Risk Considerations
Many new investors wonder if Oracle stock is a cryptocurrency or a blockchain token. It's important to clarify that Oracle stock is a traditional security traded on the New York Stock Exchange, not a digital asset. Additionally, while Oracle is involved in blockchain technology, its stock price is primarily driven by software and cloud business performance, not by crypto market trends.
Investors should be aware of risks such as market volatility, sector competition, and macroeconomic factors. Always consult official sources and avoid relying on rumors or unverified information.
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