On July 6, Oracle rose 3.14% in pre-market trading, trading at approximately $144.74/share, with turnover of $7.5 million. The stock continues its recovery trajectory following its worst weekly performance since 2001.
On the news front, William Blair recently added Oracle to its recommended stock list, while Stephens raised its price target from $164 to $175, maintaining an Equal Weight rating. According to FactSet, Oracle carries an average analyst rating of overweight with a mean price target of $257.31. Currently, 71% of analysts recommend buying the stock, the highest proportion in nearly 15 years, reflecting sustained institutional confidence in the companys long-term AI infrastructure prospects.
The stock had previously plunged 19% in a single week — its steepest weekly decline since the dot-com bubble burst in 2001 — driven by concerns over its approximately $130 billion debt load and aggressive AI data center spending. Oracle plans to raise $40 billion through debt and equity financing in fiscal 2027 to support AI infrastructure buildout, while simultaneously cutting approximately 21,000 employees to streamline costs amid its AI-centric restructuring.
(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)
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