By Anusuya Lahiri
Publication Date: 2026-06-08 23:31:00
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Oracle Corp The stock fell on Friday as investors became more cautious about the company’s debt-funded AI infrastructure spending.
Premarket profit-taking and a broader tech sell-off that weighed on the Nasdaq and S&P 500 also added pressure.
BNP Paribas Analyst Stefan Slowinski remains bullish on Oracle, maintaining his Outperform rating and a price forecast of $283. However, he expects the company’s fiscal 2027 investment outlook to be in focus when the company reports fourth-quarter results.
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Slowinski expects Oracle to reiterate its growth targets
Slowinski said Oracle continues to make progress on its cloud infrastructure strategy, with funding issues partially resolved through bring-your-own-cloud agreements, customer prepayments and OpenAI’s $122 billion fundraising to support computing needs.
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