By Vandita Jadeja
Publication Date: 2026-05-28 16:06:00
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Oracle (ORCL) is positive at $192.08, with AI cloud backlog advantage offsetting investment concerns and valuation risks.
Oracle’s $553 billion backlog – a 325% year-over-year increase – is evidence of the bull market and exceeds its current market cap of $552 billion.
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At $192.08, oracle (NYSE:ORCL) is performing positively on backlog and valuation, with shares down sharply from last fall’s peak but sitting on an AI cloud backlog that few peers can match. The market has repriced this stock twice in nine months, first as an AI infrastructure winner, then as a capital spending hyperscaler-in-training.
Oracle sells database software, enterprise applications and, increasingly, pure GPU cloud capacity through Oracle Cloud Infrastructure. The old business is still wasting cash, but the new story is AI computing, where Oracle has signed multi-billion dollar…
