Baird Lowers PT on Oracle (ORCL), Here’s What You Need to Know

Oracle Corporation (NYSE:ORCL) is one of the Best AI Stocks That Will Make You A Millionaire. On March 10, Baird analyst Rob Oliver lowered the firm’s price target on Oracle Corporation (NYSE:ORCL) from $300 to $200, while maintaining an Outperform rating on the stock. The analyst noted that they are updating the model ahead of the company’s Q3 results as they expect Oracle to focus on addressing the AI infrastructure uncertainty.

​The company posted fiscal Q3 2026 earnings later the same day and topped the Street’s expectations. The stock has gained more than 7.5% since the release (as of 11 Mar, 2:47 pm GMT-4). Oracle grew its quarterly revenue by 21.66% year-over-year to reach $17.19 billion and topped expectations by $281.13 million. The EPS of $1.79 also came in ahead of the consensus by $0.10.

Baird Lowers PT on Oracle (ORCL), Here's What You Need to Know

​Management attributed growth to an 11% increase in cloud application revenue and 14% increase in Fusion ERP revenue. Notably, the AI infrastructure revenue rose 243% year-over-year, as multicloud database and AI infrastructure experienced strong demand that exceeded supply.

​Oracle Corporation (NYSE:ORCL) is an American multinational computer technology company specializing in database software, cloud infrastructure, and enterprise software solutions. The company offers one of the industry’s broadest and deepest suites of AI-powered cloud applications.

While we acknowledge the risk and potential of ORCL as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than ORCL and that has 10,000% upside potential, check out our report about this cheapest AI stock.

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