Oracle Corporation (ORCL) Stock Price & How to Invest
Last updated July 2026
Short answer
You can invest in Oracle (ORCL) by buying shares or fractional shares at any major broker, through an ETF that holds it, or as one holding in a thematic basket. Oracle is a mature enterprise-software cash machine (its dominant database, Fusion ERP/HCM/CRM, NetSuite, and Java) that the market has re-rated into an AI-cloud story as Oracle Cloud Infrastructure (OCI) wins big AI-training deals, including a multi-billion-dollar OpenAI contract. ORCL now behaves like a high-multiple AI-infrastructure beneficiary on top of a sticky, high-margin software base.
ORCL stock price
As of 2026-07-24, Oracle Corporation (ORCL) last closed at $114.99, down 53.1% over the past year. Over the past 52 weeks it has traded between $114.99 and $328.33.
Prices are daily closing prices from Yahoo Finance and may be delayed. For the live quote, check your broker or Oracle Corporation's investor relations page. Walnut is informational, not investment advice.
What does Oracle Corporation (ORCL) do?
Oracle is one of the largest enterprise software companies in the world. The traditional business is database software (the Oracle Database is the dominant enterprise relational database), enterprise applications (Oracle ERP, HCM, CRM via the Fusion suite, plus NetSuite for smaller businesses), and Java (Oracle owns and maintains the Java platform). These are mature, sticky, high-margin businesses.
The newer story is Oracle Cloud Infrastructure (OCI), which has emerged as the fourth-largest hyperscale cloud after AWS, Azure, and GCP. OCI has won major AI training deals, including a multi-year multi-billion-dollar deal with OpenAI in 2025. Founded in 1977 by Larry Ellison, Bob Miner, and Ed Oates. Headquartered in Austin, Texas (moved from Redwood Shores, California in 2020). Safra Catz is CEO; Larry Ellison remains executive chairman and CTO.
What's driving Oracle Corporation (ORCL)?
1. Oracle Cloud Infrastructure (OCI) AI deals.
OCI has aggressively pursued AI training contracts with frontier model labs. The OpenAI deal announced in 2025 is the headline, but Oracle has also won meaningful AI workloads from other customers. OCI revenue growth re-accelerated and the segment is finally meaningful versus AWS and Azure.
2. Database and applications as the cash cow.
The traditional Oracle Database business is mature but generates enormous free cash flow with very high margins. Customers running mission-critical systems on Oracle rarely migrate; switching costs are extreme. This funds OCI's capex.
3. Fusion applications cloud migration.
Oracle's enterprise applications (ERP, HCM, CRM) are migrating from on-premises licenses to cloud subscriptions through the Fusion suite. The transition is multi-year and steady; ARR growth has been double digits.
4. Massive capex commitment to AI infrastructure.
Oracle is committing tens of billions of dollars in datacenter capex to fulfill AI cloud contracts. This compresses near-term margins but locks in long-duration revenue. The capex is the largest in Oracle history.
What are the risks to Oracle Corporation (ORCL)?
AI cloud deals carry execution risk: massive datacenter buildouts must be delivered on time, profitably. If AI capex demand cools, the buildout becomes a stranded asset risk.
How is Oracle Corporation (ORCL) valued? (approximate, early 2026)
A simple financial snapshot. These are approximations and refresh quarterly; for current figures see Oracle Corporation's investor relations page or your broker.
- Revenue (TTM): ~$58 billion
- Operating margin: ~30% (compressed by AI capex)
- Net income (TTM): ~$13 billion
- EPS (TTM): ~$4.50
- P/E (TTM): ~35x
- Price to sales: ~8x
- Dividend yield: ~1.0%
- Free cash flow: ~$13 billion annually (capex-heavy)
- OCI revenue: Growing 40%+ annually
Oracle's valuation has re-rated meaningfully higher as the market has come to view it as an AI cloud beneficiary rather than just a legacy database company. The multiple expansion is justified if AI cloud bookings continue; it compresses quickly if growth stalls.
Which ETFs hold Oracle Corporation (ORCL)?
If you want ORCL exposure as part of a larger bundle rather than directly, these ETFs hold it meaningfully. Weights are approximate and refresh quarterly.
| ETF | Name | % in ORCL | Expense ratio | |
|---|---|---|---|---|
| IGV | iShares Expanded Tech-Software Sector ETF | ~8.8% | 0.39% | |
| VGT | Vanguard Information Technology ETF | ~2.4% | 0.09% | |
| XLK | Technology Select Sector SPDR Fund | ~2.7% | 0.09% | |
| TECL | Direxion Daily Technology Bull 3X Shares | Approximately 3% | Approximately 0.94% | |
| SKYY | First Trust Cloud Computing ETF | ~2.5% | 0.60% |
What themes does Oracle Corporation (ORCL) fit?
These are the investment theses ORCL naturally fits into. Each links to a full theme guide listing every other stock that belongs and the ETFs commonly used as a passive proxy.
AI infrastructure
OCI has won meaningful AI training workloads (OpenAI, xAI). Smaller share of cloud but disproportionate AI exposure.
Enterprise software
Database and ERP franchise plus growing OCI cloud and meaningful AI training workloads.
Cloud computing
Oracle pairs its dominant database franchise with cloud infrastructure that has won notable AI training workloads.
Who competes with Oracle Corporation (ORCL)?
Cloud infrastructure
AWS (Amazon), Microsoft Azure, Google Cloud are the three larger hyperscalers. Oracle Cloud Infrastructure is now the credible fourth, particularly competitive for AI training workloads where Oracle can offer dedicated capacity at attractive pricing.
Database software
Microsoft SQL Server (Azure SQL), Snowflake (cloud-native analytics), Google BigQuery, Amazon Redshift, MongoDB, PostgreSQL (open source). Oracle remains the dominant enterprise relational database but cloud-native alternatives are gaining share for new workloads.
Enterprise applications
SAP (ERP and HCM, particularly strong in Europe), Workday (HCM and Financials cloud-native), Salesforce (CRM, plus expanding into adjacent applications), Microsoft Dynamics 365.
What stocks are similar to Oracle Corporation (ORCL)?
Other names that show up alongside ORCL in the same themes. Worth a look if you're thinking about diversification within a single thesis rather than concentration on one ticker.
Also fits AI infrastructure. Azure is the largest AI compute platform by training capacity (OpenAI partner). Copilot monetizes the model layer.
Also fits AI infrastructure. Custom TPU silicon, Gemini frontier models, plus the Google Cloud AI platform. Vertically integrated AI infra.
Also fits AI infrastructure. AWS is the largest cloud platform; Trainium and Inferentia plus Anthropic partnership make Amazon a top-tier AI compute provider.
Also fits AI infrastructure. The defining AI accelerator. CUDA ecosystem is the picks-and-shovels play; held in every AI infrastructure basket.
How to invest in Oracle Corporation (ORCL)
There are three common ways to get ORCL exposure. Buy shares (or fractional shares) directly at any major broker. Hold an ETF that includes it (IGV, VGT, XLK), which spreads the position across many companies. Or build it into a focused thematic basket, so ORCL sits alongside other stocks that express the same thesis.
Walnut takes the basket route. Describe a thesis where ORCL fits (for example “AI infrastructure” or “dividend-growth large-caps”) and the AI proposes 5 to 6 constituents with target weights. You review the plan and fund it through your own broker when you're ready.
New to this? Start with how to invest in stocks, see how to analyze a stock with AI, or compare the best AI stock analyzers.
The bottom line on Oracle Corporation (ORCL)
Oracle (ORCL) funds an enormous OCI datacenter buildout with the extreme switching costs and free cash flow of its legacy database and applications franchise, so it blends a defensive software annuity with a leveraged bet on AI cloud demand. In a portfolio it behaves as a megacap enterprise-software and AI-infrastructure holding whose premium multiple is sensitive to OCI growth and capex execution.
More on Oracle Corporation (ORCL)
Whether ORCL is worth buying today depends more on your time horizon and what you already hold than on any single call. We walk through valuation, what would have to go right, and the risks in is ORCL a buy?, and where the stock could go from here in the ORCL stock forecast.
For income investors, whether ORCL pays a dividend and how the payout looks is covered in does ORCL pay a dividend? And to weigh ORCL against a peer, read the full side-by-side comparisons: ORCL vs MSFT and ORCL vs GOOGL.
Build a basket around ORCL with Walnut
Use Oracle Corporation as one constituent in a thematic basket Walnut's AI helps you assemble. Describe a thesis you believe in, the AI proposes the holdings and weights, and you approve before any broker order.
FAQ
What is Oracle's ticker symbol?
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ORCL, listed on NYSE. Officially Oracle Corporation. Founded 1977, headquartered in Austin, Texas (relocated from Redwood Shores, California in 2020). Trades during US market hours.
Who are Oracle's competitors?
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By segment. Cloud infrastructure: AWS, Microsoft Azure, Google Cloud. Database: Microsoft SQL Server, Snowflake, BigQuery, MongoDB, PostgreSQL. Enterprise applications: SAP, Workday, Salesforce, Microsoft Dynamics. Oracle competes across all of these simultaneously, which is rare.
Is Oracle an AI stock?
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Yes, increasingly. Oracle Cloud Infrastructure (OCI) has won meaningful AI training contracts, including a multi-year multi-billion-dollar deal with OpenAI in 2025. OCI is now the fourth hyperscale cloud after AWS, Azure, and GCP. The market has re-rated Oracle's multiple meaningfully higher on the basis of AI cloud growth.
What is Oracle's P/E ratio?
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Approximately 35x trailing twelve months as of early 2026. Re-rated higher in 2025 as the market priced in AI cloud growth. Higher than the S&P 500 average (~22x) but supported by the cloud transition.
What does Oracle do?
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Oracle is an enterprise software and cloud infrastructure company. Three main businesses: Oracle Database (the dominant enterprise relational database), Enterprise Applications (ERP, HCM, CRM via Fusion plus NetSuite), and Oracle Cloud Infrastructure (a hyperscale cloud competing with AWS, Azure, GCP). Owns Java.
Who owns the most Oracle stock?
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Larry Ellison (co-founder and executive chairman) personally owns approximately 40% of shares outstanding, by far the largest individual holding of any mega-cap CEO. Major institutional holders include Vanguard (~7%) and BlackRock (~5%). Ellison's outsized ownership gives him unusual control of the company.
Which ETFs have the most Oracle exposure?
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VGT (Vanguard Information Technology) holds ORCL at ~2.4%. XLK (Technology Select Sector SPDR) holds it at ~2.7%. VOO holds it at ~1.0%. QQQ holds it at ~1.8%. Oracle's market cap growth in 2024-2025 has driven its weight in tech sector ETFs higher than its historical norms.
Which thematic baskets typically include Oracle?
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Two themes on Walnut. AI infrastructure (OCI cloud, AI training partnerships including OpenAI and xAI) and Enterprise Software (Database, Fusion ERP, NetSuite, Java). AI infrastructure baskets often include ORCL as the fourth-hyperscaler complement to MSFT, AMZN, and GOOGL.
How much of QQQ is Oracle?
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Approximately 1.8% as of early 2026, up from substantially lower weights before the AI-driven multiple expansion. ORCL is a top-15 QQQ holding by market cap. In VGT, the weight is ~2.4% reflecting tech-sector concentration. In XLK (more concentrated tech sector ETF), the weight is ~2.7%.
How much of VOO is Oracle?
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Approximately 1.0% as of early 2026. ORCL is consistently a top-25 VOO holding. Its weight has grown materially since 2023 as Oracle's market cap appreciation has outpaced broader S&P 500 growth driven by AI cloud thesis re-rating.
Is Oracle a Mag 7 stock?
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No. The Magnificent Seven are Apple, Microsoft, Alphabet, Amazon, Meta, NVIDIA, and Tesla. Oracle has been discussed as an AI cloud winner alongside the Mag 7 hyperscalers but is not part of the formal Mag 7 group. Its market cap is meaningfully smaller than the Mag 7 members.
What is Oracle's market cap?
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Approximately $450 billion as of early 2026. Oracle's market cap has grown several multiples since 2023 on AI cloud thesis re-rating. It is now one of the larger US software companies by market cap, behind only Microsoft within enterprise software.
Does Oracle pay a dividend?
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Yes. ORCL yields approximately 1.1% as of early 2026, paid quarterly. Oracle has grown the dividend consistently since beginning payouts in 2009. The dividend has been steady but moderate growth; Oracle has also been a meaningful share buyback returner historically (though buybacks have been less prominent during the recent cloud capex investment cycle).
Should I own Oracle directly or through an ETF?
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Both common. Direct ORCL ownership gives concentrated AI cloud growth exposure plus database franchise. VGT or XLK includes Oracle at ~2.4-2.7% along with broader tech. Many Walnut users hold both: direct ORCL for the AI cloud thesis, plus VGT or VOO for diversified large-cap exposure. The right mix depends on AI cloud conviction versus broader market positioning.
Walnut is informational, not investment advice. Financial figures on this page are approximations; always verify current numbers with Oracle Corporation's investor relations page or your broker before making investment decisions.