Oracle shares fell for a seventh consecutive session on Monday, even as the company's AI backlog buildout hit $638 billion, despite significant market optimism.
The decline represents the stock's longest losing streak since 2021, a notable 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 flagged that Oracle's heavy spending on AI data centers may not pay off, saying the outlays could outweigh near-term gains.
Piper Sandler held its rating on the stock, pointing to increase in AI capacity, and referenced rising demand for cloud services.
The company has yet to commented on the analyst split, leaving investors uncertain about the next move.