Oracle shares declined for a seventh consecutive session on Monday, even as the company's AI backlog buildout hit $638 billion, despite robust market optimism.
The decline signifies the stock's longest losing streak since 2021, a remarkable slide for the tech giant.
Analysts at Barron's suggest investors to buy, viewing the slump as a buying opportunity, and they highlight the potential upside from AI contracts.
But Bloomberg cautioned that Oracle's heavy spending on AI data centers may not pay off, saying the expenses could outweigh immediate gains.
Piper Sandler held 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 without clarity about the next move.