Oracle's Downward Spiral: A Warning Sign for Tech Investors Oracle's shares have hit a new 52 week low, and with an average price target more than double the current share price, investors are grappling with two fundamentally different visions of the company's future.
On one hand, Oracle's enormous backlog of AI contracts is seen as a tantalizing opportunity for growth, fueled by its record breaking operating cash flow of $32 billion in fiscal 2026.
However, this growth is not without cost. The company's capital expenditures have reached an astonishing $55. 7 billion, with most of it going into data centers for its cloud infrastructure business.