Mizuho Sees Oracle (ORCL) as Structural AI Winner, Raises Target to $300

Oracle Corporation (NYSE:ORCL) is one of the AI Stocks On Wall Street’s RadarOn August 15, Mizuho analyst Siti Panigrahi raised the price target on the stock to $300.00 (from $245.00) while maintaining an Outperform rating. Oracle is one of the top picks for Mizuho.

According to the firm, Oracle is evolving as a structural winner in artificial intelligence.  Moreover, Oracle Cloud’s “differentiated” architecture is seeing a surge in demand for AI training workloads, in turn driving a growth inflection.

Mizuho Sees Oracle (ORCL) as Structural AI Winner, Raises Target to $300

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The firm also believes that analyst day in October may serve as a major catalyst for a re-rating of Oracle shares.

“At the cusp of the enterprise AI revolution, we have increased confidence that Oracle is emerging as a structural AI winner. OCI’s differentiated architecture and surging demand for AI training workloads are driving a clear inflection in growth. With its end-to-end AI stack, spanning vertical and horizontal applications, mission-critical database technology, and infrastructure for AI training/inference, Oracle is well positioned to capture a disproportionate share of AI-driven enterprise spend over time, accelerating revenue growth (~27% 5-year CAGR) and operating income (~24% 5-year CAGR) through FY30E.”

Oracle Corporation (NYSE:ORCL) is a database management and cloud service provider.

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