Oracle's Troubled Waters: A Buying Opportunity in Disguise? Oracle's cloud computing stock has plummeted by nearly 40% over the past year, with Citigroup analyst Tyler Radke remaining optimistic about its prospects.
Despite this decline, Radke continues to hold a $330 price target for the company. Radke's optimism is puzzling, given Oracle's dismal performance relative to its peers.
The company's shares have underperformed their large cap tech counterparts by 50% over the past three months, with a peak to trough plunge that would be considered extreme in any market.