By Yiannis Zourmpanos
Publication Date: 2026-03-19 15:53:00
Oracle (ORCL) has been under pressure lately, and that’s why the recent analyst conference is important. Mizuho analyst Siti Panigrahi wrote that “bearish concerns” around Oracle are easing after the Q3 report, while the stock maintains an “Outperform” rating but lowers its price target to $320 from $400 due to a contraction in competition rather than a change in its underlying thesis.
The old thesis was pretty simple: Oracle’s AI aspirations were legitimate, but the company needed to gain significant leverage to support this investment in the data center business. The new argument is that a significant portion of this business growth can be supported by customer upfront payments and bring-your-own hardware models.
Oracle is one of the largest enterprise software and cloud infrastructure companies in the world, based in Austin, Texas, and has a market capitalization of approximately $444.9 billion. Oracle has become…
