Here's Why Oracle Stock Got Hammered Last Month
(NYSE: ORCL) declined 11.7% in March according to data from S&P Global Market Intelligence. The stock is down more than 23% in 2026 as I write. However, the key benchmark date is likely mid-September, when news of the $300 billion deal with OpenAI broke. The initial euphoria over the deal quickly faded, and Oracle's stock is down more than 54% since mid-September.
Image source: Getty Images.
The chart below shows Oracle's decline, and it's no coincidence that Microsoft (whose cloud computing business, Azure, has 45% of its backlog coming from OpenAI) is also a significant underperformer, while Alphabet (with minimal OpenAI exposure) is the outperforming hyperscaler.
Source Fool.com
Oracle Corp. Stock
€123.30
-2.670%
The stock is one of the favorites of our community with 93 Buy predictions and 1 Sell predictions.
With a target price of 260 € there is potential for a 110.87% increase which would mean more than doubling the current price of 123.3 € for Oracle Corp..
