Oracle stock plunged 15% after raising AI spending guidance despite missing revenue estimates in Q2, pushing shares down 40% from September. Concerns arise over $50 billion AI capex plan with weaker sales growth, signaling potential bubble behavior. Despite high debt and technical weakness, shares still trade at 41x forward earnings. Wall Street holds “Moderate Buy” rating with 80% upside potential to $342 target price. Analysts remain bullish on Oracle, but uncertainties loom over AI investments and revenue growth expectations.
Read more at Barchart: Oracle Stock Breaks Below Its 200-Day Moving Average. Should You Buy the Dip?
