Despite reporting strong fiscal Q2 2026 results, including a 14% rise in total revenue and a 34% jump in cloud revenue, Oracle stock faced heavy selling pressure amid investor concerns over massive AI capital expenditure and construction timing.
- Remaining Performance Obligations (RPO) surged 438% year-over-year to $523 billion, demonstrating strong long-term contract momentum.
- Investor sentiment was negatively impacted by reports that the completion of Oracle data centers intended for OpenAI has been delayed from 2027 to 2028.
- The stock closed at $189.97 on December 12, 2025, and is supported long-term by major AI and multicloud commitments, including contracts with Meta and NVIDIA.