Down 24% in 2026, Should You Buy the Dip in Oracle Stock?

Shares of software giant Oracle Corporation (ORCL) have been under pressure lately, with the stock sliding into double-digit losses in early 2026 as a growing list of concerns rattles investor confidence. Much of the scrutiny centers on Oracle’s massive $300 billion partnership with OpenAI, which has fueled debate on Wall Street about the scale and risks of the company’s aggressive artificial intelligence (AI) push. 

Investor anxiety has intensified as Oracle ramps up capital expenditures to fund a massive AI infrastructure buildout, particularly through new data centers. But this aggressive spending spree has also pushed Oracle’s debt levels higher, raising fresh questions about how the company plans to fund its ambitions, and whether its cash flow can keep pace. In fact, the situation has become even more complicated as Oracle faces multiple securities fraud class-action lawsuits.