# Oracle Stock Swings

> Oracle's massive RPO signals huge AI cloud growth despite stock decline.
- Title: Oracle Stock Swings · Yahoo Finance | Shortify
- Summary: Oracle's massive RPO signals huge AI cloud growth despite stock decline. Oracle's $664 billion remaining performance obligation suggests strong AI cloud…
- Keywords: oracle, rpo, ai cloud, stock price, openai, motive, motley fool, business, finance, Stock, Swings, Yahoo Finance
- Source: Yahoo Finance — https://finance.yahoo.com/markets/stocks/articles/forget-oracles-stock-price-swings-154100956.html
- Published: 2026-09-17T15:41:00+00:00
- Read time: 1 min
- Topics: oracle, rpo, ai cloud, stock price, openai, motive, motley fool, business, finance
## Oracle stock down 28% year to date
Oracle shareholders haven't celebrated stock performance in 2026 as its share price is down roughly 28% year to date and off 57% from lifetime high.
## Oracle reports $664 billion RPO
Oracle closed its last reported quarter with a remaining performance obligation of $664 billion.
## RPO means 9.2x sales growth
Oracle's backlog is 9.2 times its trailing-12-month sales of $71.8 billion.
## OpenAI concentration risk
Of Oracle's $664 billion RPO, $300 billion comes from OpenAI, creating uncertainty if OpenAI scales back growth.
## Oracle expects 34% revenue growth
Oracle guides for 34% revenue growth this year and 19% earnings growth despite cloud infrastructure costs.
## Stock trades at 17x earnings
Oracle stock currently trades at roughly 17 times this year's expected earnings.
## AI cloud growth potential
Oracle's massive RPO points to strong AI cloud demand and potential for transformative business performance.
## Key takeaway

Oracle's $664 billion remaining performance obligation suggests strong AI cloud demand but carries OpenAI concentration risk.