Oracle’s stock has fallen nearly 50 per cent since hitting a record in September and dropped 14 per cent in the six sessions through Thursday, its worst stretch in months. Of the 51 Wall Street analysts tracked by Bloomberg who follow the company, 41 have buy ratings and only one rates it a sell. The […] This story continues at The Next Web
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Wall Street says Oracle is a buy. The investors selling it can count to $300 billion.
Wall Street's consensus on Oracle has never been more bullish, with 80% of tracked analysts recommending a buy, despite a 50% stock price drop since September and a 14% decline in the past six sessions, totaling a $300 billion market capitalization loss. The stark disconnect between analyst optimism and investor pessimism raises questions about the efficacy of buy ratings in predicting stock performance. Can Oracle's fundamentals justify the faith of its bullish backers? AI-assisted, human-reviewed.