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$630 Billion AI Order Backlog Awaits Revaluation, Can the Stock Continue to Recover?

$630 Billion AI Order Backlog Awaits Revaluation, Can the Stock Continue to Recover?

TradingKey – On August 13 US Eastern Time, Oracle (ORCL) shares closed at $156.22, touching an intraday high of $159.26. The company’s stock has rebounded sharply since dropping to a period low of $114.50 on July 28.

Based on the closing price on August 13, the gain over this period reached approximately 36.4%, reclaiming the $150 mark. Even using $150 as a benchmark, the rebound exceeded 30%, indicating that market pessimism surrounding its AI infrastructure business is easing.

However, this rally follows a sharp correction. Oracle’s stock had previously reached a period high of $249.37 on June 1, before dropping to $114.50 in less than two months, representing a cumulative drawdown of about 54%.

The market’s primary concern is not a lack…

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