By Sheryar Siddiq
Publication Date: 2026-01-08 06:32:00
Oracle Corporation (NYSE:ORCL) is one of the The best big data stocks to invest in. On Dec. 12, Evercore ISI reiterated its “Outperform” rating and $275 price target on Oracle Corporation (NYSE:ORCL), citing the company’s extensive data center leases. The company said Oracle’s multi-year data center leases are priced at approximately $1.2 billion per month and provide the capacity to supply approximately 7.6 gigawatts of data center power.
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Evercore ISI predicts that this network could generate nearly $76 billion in annual GPU cloud revenue, considering that each megawatt generates $10 million in revenue. Evercore ISI says Oracle’s leasing obligations represent about 18% of total cloud operating costs, consistent with the company’s previous statements during its analyst day.
Oracle Corporation (NYSE:ORCL) also expanded its multicloud database solution in Canada by making Oracle Database available on Google Cloud…
