Mizuho keeps USD 320 target. Oracle stock loses 1.50 percent.

Published on 10/20/2026 at 10:54 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Fiscal first-quarter revenue hit USD 19.345 billion, up 29.6 percent. Oracle stock costs EUR 114.44 on October 20, 2026, 1.50 percent below Xetra close.

Cloud backlog meets funding pressure

Mizuho retained its Outperform rating and USD 320.00 target on October 14, 2026.
Oracle's remaining performance obligations reached USD 664.0 billion in fiscal first quarter 2027.
Oracle stock was trading at EUR 114.44 at 10:45 a.m. CEST at Lang & Schwarz on October 20, 2026, 1.50 percent below the Xetra close of October 19, 2026.

Isometrische 3D-Illustration einer Cloud-Computing-Architektur mit Servern und Datenbanken — Oracle Corporation US68389X1054 dargestellt als isometrische 3D-Illustration einer vernetzten Cloud-Computing-Architektur mit Servern, Datenbanken und Endgeräten, Illustration mit AI erstellt.

Oracle (ISIN US68389X1054) was trading at EUR 114.44 at Lang & Schwarz on October 20, 2026 at 10:45 a.m. CEST, down 1.50 percent versus the Xetra close of October 19, 2026 at EUR 116.18. On October 14, 2026, Investing.com reported that Mizuho had reiterated an Outperform rating and a USD 320.00 price target. The contrast is clear: cloud growth remains rapid, while financing and execution are the market's counterweight.

Mizuho and Project Jupiter

Mizuho's view followed updates on Oracle's Project Jupiter data center development, including regulatory questions around power infrastructure. The firm said the outstanding approvals had no impact on its fiscal year 2027 estimates, according to Investing.com.

Three dates show the progression

Oracle's most recent twelve-month chronology starts with September 10, 2026, when fiscal first-quarter revenue reached USD 19.345 billion, up 29.60 percent year over year, as reported by 24/7 Wall St. On October 10, 2026, MarketBeat reported a USD 0.50 quarterly dividend, payable October 23, 2026, in its Oracle coverage. The latest event was Mizuho's October 14, 2026 rating reiteration.

What does backlog mean for cash flow?

Oracle's remaining performance obligations reached USD 664.0 billion in fiscal first quarter 2027, while cloud infrastructure revenue rose 121.00 percent, according to 24/7 Wall St. The same report put first-quarter capital spending at USD 28.50 billion and free cash flow at minus USD 5.40 billion. For investors, conversion speed matters more than the backlog headline because Oracle must fund data centers before contracted demand becomes reported revenue.

Dates for capital deployment

MarketBeat identified October 23, 2026, as the payment date for the USD 0.50 dividend. Oracle's Investor Day is scheduled for October 28, 2026, when management is expected to discuss data center progress and its cloud strategy, according to Investing.com.

Stock price and investor balance

Oracle's current euro quotation sits below the dated Xetra reference, while the operating figures point to a company expanding capacity ahead of demand. The next scheduled dates put dividends and infrastructure strategy in the foreground.

Oracle was trading at EUR 114.44 at Lang & Schwarz on October 20, 2026 at 10:45 a.m. CEST, 1.50 percent below the Xetra close of October 19, 2026 at EUR 116.18. The further course of trading is shown by the continuously updated real-time quote of Oracle stock.