Oracle launches AI agent platform: Mizuho keeps USD 320 target for Oracle stock

Published on 10/23/2026 at 11:22 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Oracle revenue rose 30.00 percent in fiscal Q1 2027. Oracle stock costs EUR 112.83 on October 23, 2026 versus the Xetra close.

AI platform and upcoming dates

Oracle introduced an industry AI agent platform on October 21, 2026, with availability planned within 12 months.
Fiscal first-quarter 2027 revenue reached USD 19.34 billion, up 30.00 percent year over year.
Oracle stock trades at EUR 112.83 at 11:12 a.m. CEST at Lang & Schwarz on October 23, 2026, 0.03 percent above the Xetra close of October 22, 2026.
Mizuho maintained its USD 320 price target on October 14, 2026.
Oracle's investor day is scheduled for October 28, 2026, ahead of the next earnings date of December 14, 2026.

Editorialfoto der New York Stock Exchange mit Börsenkursanzeigen und Säulenfassade — Oracle Corporation US68389X1054 gezeigt in einem Börsen-Editorialfoto vor der New York Stock Exchange NYSE, Illustration mit AI erstellt.

Oracle Corp (US68389X1054) was trading at EUR 112.83 at Lang & Schwarz on October 23, 2026 at 11:12 a.m. CEST, 0.03 percent above the Xetra close of October 22, 2026 at EUR 112.80. The company introduced an AI agent platform on October 21, while Mizuho kept a USD 320 target on October 14.

Oracle's latest quarter gives the product launch financial weight. Revenue reached USD 19.34 billion in fiscal first quarter 2027, up 30.00 percent year over year, while operating profit was USD 6.73 billion. The figures come from Oracle's reported period ending August 31, 2026, as reflected in Investing.com.

Oracle adds an AI software layer

Oracle AI Agent Studio for Industry Applications is designed as a no-code and low-code environment for creating, testing, deploying and managing AI agents. MarketScreener reported the launch on October 21, 2026. Oracle said the platform is planned for availability within the next 12 months, with broader regional expansion planned over time.

What does the backlog mean for execution?

Remaining performance obligations stood at USD 664.00 billion at the end of fiscal first quarter 2027, up USD 209.00 billion from a year earlier. Cloud infrastructure revenue rose 121.00 percent to USD 7.40 billion in the same quarter, showing why capacity delivery and financing remain central to the growth case.

The chronology is clear: Oracle reported USD 19.34 billion of fiscal first-quarter revenue on September 10, 2026; Mizuho maintained its USD 320 target on October 14, 2026; and Oracle introduced its AI agent platform on October 21, 2026. Price Target said Mizuho analyst Siti Panigrahi retained an Outperform rating and the USD 320 target.

Dates that may move the debate

Oracle's next scheduled investor event is October 28, 2026, when the company is expected to discuss its cloud infrastructure capacity ramp and applications growth. The next earnings date is December 14, 2026, according to the dated Oracle market calendar shown by Yahoo Finance.

Stock holds near the Xetra close

The modest euro premium leaves the market reaction effectively flat against the previous Xetra session, while Oracle's operating figures remain materially stronger than its price action. The next test is whether new AI software adoption can reinforce the conversion of contracted cloud demand into reported revenue.

Oracle stock was trading at EUR 112.83 at Lang & Schwarz on October 23, 2026 at 11:12 a.m. CEST, 0.03 percent above the Xetra close of October 22, 2026 at EUR 112.80. The further course of trading is shown by the continuously updated real-time quote of Oracle stock.