Oracle shares slipped for a seventh consecutive session on Monday, even as the company's AI backlog buildout hit $638 billion, despite robust market optimism.
The decline marks the stock's longest losing streak since 2021, a notable slide for the tech giant.
Analysts at Barron's encourage investors to buy, viewing the slump as a buying opportunity, and they point out 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 short-term gains.
Piper Sandler maintained its rating on the stock, pointing to expansion in AI capacity, and cited rising demand for cloud services.
The company has yet to commented on the analyst split, leaving investors without clarity about the next move.