Oracle Shares Fall 24% in Nine-Day Slide Over AI Data-Center Buildout

Massive AI capital spending tied to a debt-to-equity ratio near 3.21 raises questions about how Oracle will fund its multi‑year data‑center expansion.

Overview

Oracle’s stock has fallen for nine straight trading sessions in early July, losing about 24% and trading close to its 52-week low near $134.57.
Wall Street remains broadly bullish with roughly 84% of analysts rating the stock a Buy and consensus price targets in the mid‑$200s that imply substantial upside.
The company beat fiscal Q4 expectations with $2.11 in earnings per share and $19.18 billion in revenue, showing strong demand even as markets reacted negatively.
Investor concern centers on a sharp, multi‑year acceleration in AI data‑center capital spending, regulatory warnings about data‑center profitability, and the firm’s high leverage that makes outside financing likely.
Vice Chairman Jeffrey Henley sold 400,000 shares on June 24 under a prearranged 10b5‑1 plan and the stock’s slide could increase pressure for additional funding and make execution of analysts’ bullish scenarios harder to achieve.