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Oracle Is Still Down 28% This Year. What Will It Take to Get ORCL Stock Back to $200?
FG
FOMOGRAM Editorial Desk
Aug 3, 2026
EXECUTIVE SUMMARY
Oracle stock sits 28% in the red while cloud peers celebrate a banner year, and the gap comes down to one brutal question: can a $638 billion backlog and a mountain of AI debt actually produce the earnings needed for a recovery?
Oracle stock sits 28% in the red while cloud peers celebrate a banner year, and the gap comes down to one brutal question: can a $638 billion backlog and a mountain of AI debt actually produce the earnings needed for a recovery?
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