Oracle Corporation (NYSE:ORCL) is one of the Best Data Center Stocks That Are Cheaper Than the S&P 500.
Recently, on June 15, Mizuho reiterated an Outperform rating on Oracle Corporation (NYSE:ORCL) with a price target of $320
The rating comes after the company reported record quarterly revenue during its fiscal Q4 2026 earnings. During the quarter, Oracle posted a record $19.18 billion in revenue, reflecting 21% year-over-year growth and topping the estimates of $19.09 billion. The EPS of $2.11 also topped $1.96.
The performance was driven by a 93% year-over-year surge in Cloud Infrastructure revenue, which reached $5.8 billion. Management noted that the segment benefited from an unprecedented surge in AI-driven customer demand. Moreover, Oracle also reaffirmed its aggressive fiscal 2027 revenue guidance of $90 billion and raised its non-GAAP EPS target to $8.05.