Mizuho Oracle · ORCL

Mizuho Lowers Oracle Price Target to $320

Analyst: Siti Panigrahi 1 min read Reproduced verbatim
Rating
Outperform
Target
$320
from $400 (−20%)
Upside
+176%
ORCL at $116 today
Mizuho and Oracle logos

What the analyst said

Mizuho analyst Siti Panigrahi lowered the price target on Oracle (NYSE: ORCL) to $320.00 (from $400.00) while maintaining an Outperform rating.

“Oracle delivered a clean FQ3, exceeding expectations across the board and raising FY27 revenue target to $90B, above consensus.

More importantly, this quarter addressed two key bear concerns from last quarter: 1) the financing overhang, and 2) whether the DC capacity ramp could convert its growing backlog into revenue at scale.

Management disclosed that $29B of new contracts were structured as BYOH or customer-prepaid arrangements requiring no incremental Oracle financing.

At the same time, the new $90B FY27 revenue target (above Street at $88B) signals confidence on ORCL’s ability to deploy capacity and convert demand.

Near-term visibility also improved with cRPO of $66B (+64% Y/Y, +$14B Q/Q).

With AI infrastructure revenue growing 243% Y/Y and SaaS accelerating to 13%, Oracle remains one of the clearest AI beneficiaries in large-cap software.

We update our model post FQ3, reiterate OP but lower PT to $320 (from $400) to reflect peer multiple contraction.”

Disclaimer
The price target and rating on this page are the opinion of the issuing research firm and its analyst, not of Price Target. This page is published for informational purposes only and is not investment advice, a recommendation, or an offer to buy or sell any security. Past performance does not guarantee future results. Consider your own circumstances and consult a licensed financial adviser before making investment decisions.

This research note is reproduced verbatim from the issuing firm. Price Target never edits, paraphrases or alters analysts’ words — we only republish them in one place.

Where the price stands

ORCL trades at $116. The 22 analysts who set a target in the last 3 months range from $155 to $400, with a median of $233. This $320 target is 38% above the median.

Since the note ORCL has moved −25% (from $155). 12-month window: day 235 of 365, closes on March 16, 2027.

Track record

This callOpen: ORCL has not reached $320 yet. This 12-month target is scored on March 16, 2027.

Firm track recordMizuho: 88% of its 69 targets at least a year old were reached within 12 months (#2 of 26 firms). Accuracy ranking →

Mizuho on Oracle

Mizuho price targets on Oracle

8 calls from March 11, 2026 to July 21, 2026. The target went from $400 to $320 (−20%). The rating stayed Buy.

Mizuho targetORCL share price
  1. July 21, 2026Kept the $320 targetBuy$320
  2. June 15, 2026Kept the $320 targetBuy$320
  3. June 11, 2026Kept the $320 targetBuy$320
  4. June 3, 2026Target cut from $400 (−20%)Buy$320
  5. April 10, 2026Target raised from $320 (+25%)Buy$400
  6. April 7, 2026Kept the $320 targetBuy$320
  7. March 16, 2026 This noteTarget cut from $400 (−20%)Buy$320
  8. March 11, 2026Earliest call shownBuy$400
Share

Other analysts on Oracle

ScotiabankBuy Cut price target −5%, kept rating Oct 29 $205from $215 GuggenheimBuy Kept rating and price target Oct 29 $400maintained OppenheimerBuy Kept rating and price target Oct 29 $275maintained BairdBuy Kept rating and price target Oct 29 $215maintained Melius ResearchBuy Kept rating and price target Oct 29 $170maintained
Share on
Price Target is an archive of Wall Street analyst research, published for informational purposes only. Nothing on this site is investment advice, a recommendation, or an offer to buy or sell any security. Analyst ratings and price targets are the opinions of the issuing firms, not of Price Target. Always do your own research or consult a licensed financial adviser.