Oracle Corporation (NYSE:ORCL) is highlighted as one of the Buzzing AI Stocks on Wall Street. Evercore ISI reiterated an “Outperform” rating with a $275 price target, citing long-term OCI growth potential and $76B cloud revenue. The firm analyzed lease math supporting OCI ramp over 15-19 years.

Annual cost for leases is estimated at $14.5B, with spending of $1.2B per month for 7.6GW of DC power. Revenue projections suggest potential $76B annualized revenues if each megawatt can support $10M of GPU cloud revenue. Leases account for 18% of total cost, aligning with Oracle’s analyst day comments.

Reports on the delay of the Michigan site show Oracle’s delivery buffers in plans. Largest ramp in OpenAI deal expected from FY27 to FY28. Pushout to FY28 in delivery wouldn’t dramatically alter OCI revenue ramp, despite negative headlines. Oracle is a leading database management and cloud service provider.

Read more at Yahoo Finance: Oracle (ORCL) Stock Gets $275 Target as Evercore Highlights Long-Term OCI Growth