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Mizuho Sees Oracle’s Hidden Upside | Durham News
Mizuho Financial Group just dropped a wild forecast: Oracle’s stock could more than double—despite the market treating it like a troubled spender. Why? Valuation. Oracle’s trading at a steep discount, even as it outpaces rivals in growth. Mizuho points to a massive $638 billion revenue backlog—up 363% year over year—and Oracle’s ability to turn contracts into real cash. Sure, AI data center spending is straining finances and delaying projects like Project Jupiter, but Mizuho sees the bigger picture: strong demand, solid funding visibility, and a cheaper price tag than peers. Wall Street…
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