Forget Oracle's Stock Price Swings. Its Backlog-to-Revenue Ratio Tells the Real Story.
Is the tech giant on track for a massive growth streak?
Overview
Despite strong growth for the company's cloud infrastructure business, Oracle (NYSE: ORCL) shareholders haven't had cause to celebrate the stock's performance in 2026. Its share price is down roughly 28% year to date -- and it's off 57% from its lifetime high.
While the stock hasn't been performing well lately, there are solid reasons to be excited about the business's future. For starters, the tech giant closed out its last reported quarter with a remaining performance obligation (RPO) of $664 billion. Here's why that's a number investors should pay attention to.
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Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.