Oracle (ORCL) Stock Hits 52-Week Low – Is This the Buying Opportunity of 2026?
TLDR
- Oracle stock hit a 52-week low of $119.89, down over 50% from its peak of $345.72
- Capital expenditures topped $21 billion in fiscal 2026, with $25 billion+ planned for fiscal 2027
- S&P Global downgraded Oracle’s credit rating to BBB-, one notch above junk status
- Remaining performance obligations hit a record $638 billion as of May 31, 2026
- 20 analysts have revised earnings upwards, and Guggenheim maintains a Buy rating with a $400 price target
Oracle (ORCL) stock touched $119.89 on Thursday, its lowest point in over a year and more than 50% below its 52-week high of $345.72. The drop has erased roughly $213 billion from co-founder Larry Ellison’s personal fortune over the past ten months.
The stock is trading at levels last seen in April 2025.
The sell-off comes down to one core concern: Oracle is spending heavily on AI data centers, and investors aren’t sure the returns will come fast enough. Capital expenditures hit $21 billion in fiscal 2026, up from around $7 billion the year before.
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