Oracle shares fell for a seventh consecutive session on Monday, even as the company's AI backlog buildout hit $638 billion, despite strong market optimism.
The decline signifies the stock's longest losing streak since 2021, a remarkable slide for the tech giant.
Analysts at Barron's encourage investors to buy, viewing the slump as a buying opportunity, and they highlight the potential upside from AI contracts.
But Bloomberg flagged that Oracle's heavy spending on AI data centers may not pay off, saying the costs could outweigh near-term gains.
Piper Sandler kept its rating on the stock, pointing to growth in AI capacity, and cited rising demand for cloud services.
The company has not commented on the analyst split, leaving investors uncertain about the next move.