Mizuho Oracle · ORCL

Mizuho Reiterates Outperform Rating on Oracle (April 10)

1 min read Reproduced verbatim
Rating
Outperform
Unchanged
Target
$400
from $320 (+25%)
Upside
+247%
ORCL at $115 today
Mizuho and Oracle logos

What the analyst said

Mizuho analyst Siti Panigrahi reiterated an Outperform rating and $400.00 price target on Oracle (NYSE: ORCL).

“We attended Oracle’s AI World Tour in NYC earlier today and came away with (a) increased conviction that Oracle’s OCI infrastructure is durably differentiated, driven by a RoCE networking architecture and off-box virtualization that hyperscalers and neoclouds cannot easily replicate (as we outlined in our recent Beyond the GPU note), and (b) growing appreciation for the long-term enterprise AI opportunity.

Our conversations at the conference suggest the enterprise AI adoption cycle is taking shape, with customers increasingly looking to bring AI directly to their data rather than moving data to external platforms, a dynamic that favors Oracle as one of the largest custodians of enterprise data globally.

Today’s launch of Fusion Agentic Applications across CX, HCM, and ERP/SCM further reinforces our view that the larger opportunity is the full vertically integrated stack, from infrastructure to database to applications.

Reiterate Outperform and $400 price target.”

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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 $115. The 22 analysts who set a target in the last 3 months range from $155 to $400, with a median of $233. This $400 target is 72% above the median, the highest on the Street.

Since the note ORCL has moved −16% (from $138). 12-month window: day 209 of 365, closes on April 10, 2027.

Track record

This callOpen: ORCL has not reached $400 yet. This 12-month target is scored on March 11, 2027. Same target as this firm’s March 11, 2026 note, so it is scored there.

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, 2026 This noteTarget raised from $320 (+25%)Buy$400
  6. April 7, 2026Kept the $320 targetBuy$320
  7. March 16, 2026Target cut from $400 (−20%)Buy$320
  8. March 11, 2026Earliest call shownBuy$400
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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
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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.