Oracle shares slipped for a seventh consecutive session on Monday, even as the company's AI backlog buildout hit $638 billion, despite strong market optimism.
The decline represents the stock's longest losing streak since 2021, a notable slide for the tech giant.
Analysts at Barron's are urging investors to buy, viewing the slump as a buying opportunity, and they note the potential upside from AI contracts.
But Bloomberg warned that Oracle's heavy spending on AI data centers may not pay off, saying the expenses could outweigh short-term 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 yet to commented on the analyst split, leaving investors without clarity about the next move.