Oracle Shares Tumble on Lackluster Guidance. Is It Time to Buy the Stock on the Dip or Stay Away?
Oracle(ORCL) The Motley Fool·2024-12-14 17:15
Oracle (ORCL -1.10%) share prices have had a strong year on the back of renewed interest due to strength in its cloud infrastructure business. However, the stock was falling following its fiscal 2025 second-quarter results after the company missed analyst estimates and offered tempered guidance. The stock is still trading up more than 60% year to date as of this writing.Let's dig into Oracle's fiscal Q2 results to see if this dip in price is a buying opportunity or if investors should stay away.Cloud revenu ...