Oracle Corporation (ORCL) Delivered A “clean” Third Quarter, Says Mizuho

Oracle Corporation (NYSE:ORCL) is among the 12 Tech Stocks with Best Earnings Growth in 2026. On March 16, Mizuho trimmed the price target on Oracle Corporation (NYSE:ORCL) to $320 from $400 and reiterated an Outperform rating. According to the firm, the company delivered a “clean” third quarter, surpassing estimates across the board and raising its FY27 revenue target to $90 billion. This was higher than the consensus forecast. While associating the price drop with multiple contractions, the firm believes worries are subsiding following the Q3 report.

When Oracle Corporation (NYSE:ORCL) reported its third-quarter results on March 10, it posted an EPS of $1.79, which outperformed the projected $1.70, and revenue of $17.2 billion, which exceeded the estimated $16.92 billion. Overall, the company achieved more than 20% growth in both organic total revenue and non-GAAP EPS. This is something that hasn’t been accomplished in over a decade and a half.

Scotiabank Lowers Oracle (ORCL) Price Objective, Sees Strength in AI-Accelerated Cloud

Looking ahead, Oracle Corporation (NYSE:ORCL) anticipates sustained growth in its cloud and AI infrastructure segments, with an EPS of $1.99 for Q4 FY2026. The company also sees revenue growth driven by the expansion of its cloud applications suite and strategic investments, such as the TikTok US one.

Oracle Corporation (NYSE:ORCL) is a Texas-based company that provides solutions for enterprise information technology environments. Incorporated in 1977, the company offers a range of products, including Oracle Cloud SaaS, Oracle Health applications, Oracle Cloud and on-premises licenses, and Oracle license support services.

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