Oracle Stock Gains 4% on Tuesday; Mizuho Sees 164% Upside Despite 38% YTD Slump

According to Mizuho, Oracle Corp (ORCL) stock gained 3.4-4% on Tuesday after the analyst reiterated an 'Outperform' rating and maintained a $320 price target, implying nearly 164% upside from Monday's close. ORCL has slumped 38% year-to-date and over 48% in the past 12 months, but Mizuho noted the stock trades at an attractive discount despite strong fundamentals, with valuations at 14 times 2027 non-GAAP earnings—cheaper than infrastructure peers.

On Wall Street, 37 of 43 analysts covering ORCL rate it 'Buy' or 'Strong Buy,' with an average 12-month target of $248.15, representing around 104% upside. In a Stocktwits poll on top data center plays, ORCL tied with IREN as the top choice, each receiving 39% of approximately 3,800 votes.