By Vandita Jadeja
Publication Date: 2026-06-11 14:41:00
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oracle (NYSE:ORCL | ORCL price prediction) have just submitted the quarter that finally confirms this Thesis on AI infrastructure. Cloud infrastructure revenue increased 93% year-over-year to $5.79 billion in the fourth quarter of fiscal 2026, and the remaining performance obligation backlog now stands at $638 billion.
Shares closed at $201.26 on June 10, up just 3.89% year to date. The discrepancy between the booked order backlog and the share price is the whole story. Can ORCL reach $400 by 2027?
Why Oracle shares are stuck despite record losses
On paper the setup looks great. The tape disagrees. ORCL is down 12.62% in the past week alone and is trading 26% below its 52-week high of $343.01. The problem is the bill that growth pays.
Oracle burned through $55.66 billion in capital expenditures in fiscal 2026 and posted negative free cash flow of $23.69 billion. Management plans to raise approximately $40 billion through debt and equity in fiscal 2027. The flow of news ahead of earnings pointed to investment fears rising…
