By Talha Qureshi
Publication Date: 2026-03-12 17:50:00
Oracle Corporation (NYSE:ORCL) is one of the The best AI stocks that will make you a millionaire. On March 10, Baird analyst Rob Oliver lowered the company’s price target on Oracle Corporation (NYSE:ORCL) from $300 to $200 but maintained an “Outperform” rating on the stock. The analyst noted that they are updating the model ahead of the company’s third-quarter results as they expect Oracle to focus on managing uncertainty in AI infrastructure.
The company reported third-quarter 2026 results on the same day, exceeding stock market expectations. The stock has gained more than 7.5% since publication (as of 2:47 p.m. GMT-4, March 11). Oracle increased its quarterly revenue 21.66% year-over-year to $17.19 billion, beating expectations by $281.13 million. Earnings per share of $1.79 were also $0.10 above consensus.
Management attributed the growth to an 11% increase in cloud application revenue and a 14% increase…