Oracle Stock (ORCL) Before the Bell on November 28, 2025: Debt Jitters, AI Bets and Key Catalysts to Watch
Oracle shares closed at $204.96 on Nov. 26, up 4% after rebounding from an intraday low near $196. The stock remains down over 40% from September highs, despite reporting a $455 billion backlog and surging cloud and AI demand. Oracle’s debt-to-equity ratio stands at 4.6x as it borrows heavily for new data-center and supercomputer projects. Market cap is about $584 billion.