By Trefis Team
Publication Date: 2026-04-02 12:30:00
Over about six months Oracle (ORCL) saw its share price decline by almost 50% despite robust earnings growth. Investor jitters over a $50 billion AI buying spree and massive job cuts dwarfed strong gains and signaled a market pullback amid costly, uncertain innovation bets.
Below you will find an analytical breakdown of the inventory movement into the most important key figures.
| 10032025 | 4012026 | Change | |
|---|---|---|---|
| Share price ($) | 284.9 | 145.2 | -49.0% |
| Total Revenue ($M) | 59,018.0 | 64,077.0 | 8.6% |
| Net Income Margin (%) | 21.1% | 25.3% | 20.0% |
| P/E multiple | 64.7 | 25.7 | -60.2% |
| Shares outstanding (million) | 2,826.0 | 2,874.0 | -1.7% |
| Cumulative contribution | -49.0% |
So what is happening here? Despite an 8.6% increase in sales and a 20% increase in profit margins, the stock fell 49%, pressured by a 60% decline in the P/E ratio and slight share dilution – laying the foundation for recent developments.
Here’s why Oracle stock moved
- AI investments…
