Mizuho Maintains Outperform on Oracle (ORCL) with $320 Target

Mizuho Securities reiterated its Outperform rating on Oracle Corporation (NYSE:ORCL) with a price target of $320, according to a report dated June 15. The reaffirmation comes after Oracle reported record quarterly revenue in its fiscal Q4 2026 earnings.

Rating Change

Mizuho did not change its rating but confirmed the existing Outperform. The $320 price target implies an upside of approximately 15% from the previous closing price.

Analyst Rationale

The analyst at Mizuho believes Oracle remains one of the best-valued data center stocks compared to the S&P 500. The record revenue growth reinforces confidence in the company's ability to meet its financial targets.

Context

This rating comes amid growing investor interest in data center stocks due to demand for cloud computing and AI. Other analysts have mixed views, but Mizuho remains bullish.

What to Make of It

Mizuho's reaffirmation signals confidence in Oracle's trajectory, but investors should consider risks such as cloud market competition and market volatility.