Top 10 High-Performance Computing Companies to Invest in

7. Oracle Corp. (NYSE:ORCL)

Oracle Corp. (NYSE:ORCL) is one of the top 10 high-performance computing companies to invest in.

On April 24, Wedbush assigned an Outperform rating to Oracle Corp. (NYSE:ORCL), while setting a price target of $225. The firm believes the company is headed towards being a key infrastructure supplier for the larger AI revolution. According to Wedbush, the company’s aggressive, contract-backed investment cycle is essentially misinterpreted by the broader market as merely speculative risk.

The firm strongly disagrees with this bearish sentiment. The company is currently developing a highly differentiated, next-generation cloud platform by leveraging its deep technological expertise. This specialized operational architecture successfully secures the most demanding artificial intelligence workloads worldwide.

On April 23, Morgan Stanley analyst Keith Weiss reduced the price target on Oracle Corp. (NYSE:ORCL) from $213 to $207, while maintaining an Equal Weight rating. The analyst reflected on the third fiscal quarter, which displayed improved confidence in demand as well as the company’s execution.

However, Weiss noted that there is some uncertainty around factors such as underlying cost dynamics for GPU-as-a-Service, margin potential from scaling up the operations, and financing. Despite this, the stock offers nearly 41% upside potential based on consensus estimates, supporting our view that it is one of the top names in the HPC market.

Oracle Corp. (NYSE:ORCL) is a global provider of enterprise information technology solutions. Its Oracle Cloud has an extensive product range, which includes cloud enterprise resource planning, performance management, manufacturing management, and human capital management, to name a few. Additionally, its product portfolio also includes license support services, development tools, industry-specific hardware, and virtualization software.