Key TakeawaysAhead of Oracle’s fiscal Q1 2027 earnings release on September 10, Mizuho maintains its Outperform rating alongside a $320 price objectiveShares of Oracle currently sit at $158.78, representing a 54% decline from the 52-week peak of $345.72; InvestingPro identifies the stock as undervaluedWall Street projects 34% revenue expansion for the fiscal 2027 period, fueled by Oracle Cloud Infrastructure momentumVirginia Retirement Systems initiated a fresh $34 million position in Oracle during the second quarter; institutional ownership represents 42.44% of sharesThe consensus analyst price objective stands at $261.68 with a “Moderate Buy” rating among 40 Wall Street firmsOracle (ORCL) approaches its fiscal first quarter 2027 earnings announcement scheduled for September 10 with significant attention from investors. Shares currently change hands at $158.78, substantially below the 52-week peak of $345.72.Oracle Corporation, ORCLMizuho has maintained its Outperform assessment while reaffirming the $320 price objective. The investment firm anticipates Oracle will surpass consensus projections, identifying Oracle Cloud Infrastructure as the primary catalyst for outperformance.The company is expected to bring approximately 1 gigawatt of fresh OCI capacity online during the first quarter. This represents a notable acceleration from the roughly 1.2 gigawatts deployed throughout the entirety of fiscal 2026.Wall Street analysts are projecting 34% revenue expansion for the fiscal 2027 period. This represents a significant increase from the 17.35% revenue growth Oracle delivered over the trailing twelve months, indicating substantially elevated expectations.What to Expect from the Quarterly ReportDuring its previous quarterly announcement on June 10, Oracle delivered earnings per share of $2.11, surpassing the Wall Street consensus of $1.96 by $0.15. Revenues reached $19.18 billion, exceeding the $19.10 billion estimate while growing 20.6% compared to the prior year period.Management has provided Q1 2027 earnings guidance between $1.72 and $1.76 per share, while projecting full-year fiscal 2027 EPS of $8.05. The options market is currently pricing in approximately a 10% share price movement in either direction following the results.Morgan Stanley increased its price objective to $210 while maintaining an Equal Weight stance. Jefferies reduced its target to $290 but preserved its Buy recommendation, expressing concerns regarding data center implementation and financing arrangements.Citigroup confirmed its Buy rating in late August. CLSA launched coverage with a Hold designation and a $145 price objective. Among the 40 analysts tracking the stock, 28 rate it a Buy, nine assign it a Hold, two recommend Strong Buy, and one rates it a Sell. The mean price target sits at $261.68.Investor Positioning and Ownership TrendsVirginia Retirement Systems established a new Oracle position during the second quarter, acquiring 232,487 shares worth approximately $34.07 million. Multiple additional institutional investors expanded their holdings during the same timeframe.Institutional investors and hedge funds control 42.44% of Oracle’s outstanding shares. Company insiders hold 40.90%, though Vice Chairman Jeffrey Henley divested 400,000 shares in late June at an average price of $159.16, reducing his position by half.The company distributes a quarterly dividend of $0.50 per share, translating to $2.00 annually and yielding 1.3%. The dividend payout ratio currently registers at 34.31%.Mizuho suggested that market participants may be undervaluing the company’s advancement with bring-your-own-hyperscaler arrangements and prepaid contract structures, which serve to alleviate balance sheet constraints.Critical factors to monitor on September 10 encompass OCI growth metrics, remaining performance obligations, capital expenditure guidance, and any discussion of potential equity offerings connected to the previously reported $20 billion financing initiative.Mizuho identified the October 28 Investor Day event as the subsequent major catalyst following the earnings announcement.The post Should You Buy Oracle (ORCL) Stock Ahead of Wednesday’s Earnings Report? appeared first on Blockonomi.