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Here’s why Oracle stock sits 57% below its high despite 121% cloud infrastructure growth.
Oracle stock is attempting to recover after September weakness, with OpenAI’s accelerating revenue providing fresh support while Project Jupiter delays, heavy infrastructure spending and layoffs continue to weigh on sentiment.
Oracle shares rebounded as investors bought the dip following a recent selloff.Remaining performance obligations expanded significantly, driven by strong cloud infrastructure demand.Analysts maintain an average price target of $246.48 with Buy ratings.