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Oracle stock down 53% but Wall Street sees 54% upside on booming cloud growth and strong backlog.

Analyst Insights
30 Oct 2026, 15:47 WIB
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Bullish
Oracle stock down 53% but Wall Street sees 54% upside on booming cloud growth and strong backlog.

Oracle's stock has dropped 53% in the past year, trading at about 15 times forward earnings, yet Wall Street analysts remain bullish with a 54% upside price target of $200.50. The company's cloud infrastructure revenue surged 121% last quarter, and its backlog of performance obligations reached $664 billion, signaling strong future sales. Despite recent stock declines due to concerns over funding its data center expansion, Oracle raised its full-year revenue and earnings guidance. Analysts largely rate the stock a buy, expecting continued growth driven by cloud demand and its partnership with OpenAI, though risks include high debt and cash burn from capital expenditures.

Oracle's stock price on Pluang is USD 133.80 as of Oct 30, 2026 20:02 WIB, down 4.13% in the last day. The stock is trading well below its 52-week high of USD 262.61, reflecting significant market caution. Most Pluang users are selling Oracle shares, with an 86% sell order activity at this time.

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