KeyBanc Raises Confidence in Oracle (ORCL) AI Cloud Expansion
Key takeaways
- On June 23, Key Banc restated its Overweight rating and $300 price target for Oracle Corporation (NYSE:ORCL), noting more transparency on the company's expenditure outlook.
- According to KeyBanc, Oracle's investment in AI hyperscaler infrastructure represents a considerable cost of goods expense.
- Additionally, in response to Oracle Corporation (NYSE:ORCL)'s fourth-quarter results, Mizuho reaffirmed an Outperform rating and a $320 price target on the company's shares.
Key Banc Raises Confidence in Oracle (ORCL) AI Cloud Expansion Sheryar Siddiq Wed, July 1, 2026 at 10:58 PM GMT+7 2 min read ORCL ORCL-PD Oracle Corporation (NYSE:ORCL) ranks among the AI stocks beyond NVIDIA that could surge in 2026. On June 23, Key Banc restated its Overweight rating and $300 price target for Oracle Corporation (NYSE:ORCL), noting more transparency on the company's expenditure outlook. The firm boosted its EPS estimates for fiscal years 2028 through 2030, exceeding consensus expectations for 2029 and 2030.
According to KeyBanc, Oracle's investment in AI hyperscaler infrastructure represents a considerable cost of goods expense. The firm highlighted that moderate growth in operational expenses appeared to be enough to offset gross margin pressures.
Additionally, in response to Oracle Corporation (NYSE:ORCL)'s fourth-quarter results, Mizuho reaffirmed an Outperform rating and a $320 price target on the company's shares. According to Mizuho, Oracle Corporation (NYSE:ORCL) generated solid fourth-quarter performance, with Infrastructure as a Service revenue increasing by more than 90% year-over-year as the Abilene supercluster and additional capacity went live according to schedule.