Summary: Oracle’s (NYSE: ORCL) stock dipped on Tuesday after a proposed class action over a July data incident hit the headlines, even as Mizuho argued the weakness is a buying opportunity. Separately, “Big Short” investor Michael Burry criticized tech giants’ depreciation assumptions—explicitly naming Oracle—which added to the day’s debate around AI spending and reported profits. [1]
ORCL price at a glance (Nov. 11, 2025)
- Last trade: ~$236 (−~2% intraday)
- Prior close: $240.83
- Today’s range: $228.91–$237.43
- 52‑week range: $119.01–$345.69
Source: LSEG/Reuters real‑time quote page. [2]
What moved Oracle stock today
1) New lawsuit over July data breach
A proposed class action filed in the U.S. District Court for the Western District of Texas alleges Oracle failed to protect sensitive personal data exposed in a July 2025 breach and did not provide timely notice. The filing, reported this afternoon by Bloomberg Law, is the latest legal ripple from a wave of incidents tied to Oracle software used by multiple organizations. [3]
Context: Just last week, Reuters reported that The Washington Post counted itself among victims of a sweeping cyber breach “tied to Oracle software,” illustrating the broader exposure backdrop now feeding into litigation headlines. [4]
2) Mizuho: share‑price dip looks like a buying opportunity
Mizuho reiterated an Outperform rating and a $400 price target, calling today’s slide “largely unwarranted.” The firm argues investor anxiety linked to CoreWeave’s softer outlook is company‑specific to CoreWeave and not a read‑through to Oracle’s buildout. Mizuho also notes Oracle reiterated in October that its data center expansion remains on track ahead of fiscal Q2 results due in December. [5]
Why CoreWeave matters to the narrative: The Nvidia‑backed AI cloud provider trimmed its 2025 revenue forecast late Monday due to a third‑party data‑center delay, sparking a drop in its shares and raising fresh questions about supply timing across AI infrastructure. That news set some of today’s tone for AI‑exposed names. [6]
3) Michael Burry’s depreciation warning hits AI spenders
Investor Michael Burry renewed criticism of hyperscalers’ accounting, arguing firms including Oracle are extending the useful life of servers and GPUs beyond realistic cycles, thereby understating depreciation and inflating earnings. Burry’s latest post—amplified by MarketWatch and other outlets—estimated a large sector‑wide impact over 2026–2028 and specifically flagged Oracle. The comments added fuel to today’s valuation debate around AI infrastructure leaders. [7]
The bigger Oracle picture investors are weighing
- Leadership transition: In late September, Oracle promoted Clay Magouyrk (OCI) and Mike Sicilia(applications/AI) to co‑CEOs, while Safra Catz became executive vice chair—changes designed to align infrastructure and applications under AI‑first priorities. (Official press release.) [8]
- Capacity and financing momentum: A consortium of banks arranged about $18 billion in project financing for a large Oracle‑tied data center campus reported last week, underscoring the capital intensity behind OCI’s expansion plans. [9]
- AI demand and multi‑cloud: Oracle has emphasized demand outstripping supply across AI compute and continues to tout multi‑cloud wins (e.g., with Google Cloud) and upcoming capacity in U.S. regions, all of which remain central to the bull case into FY26. [10]
What to watch next
- Annual meeting: Oracle’s 2025 Annual Meeting of Stockholders is set for Tuesday, November 18, 2025(virtual). Governance and any updates around strategic priorities could draw attention. [11]
- Earnings in December: Investor calendars point to mid‑December for Q2 FY26 results—typically a pivotal update on OCI capacity adds, multi‑cloud deals, and AI workload ramp. (IR FAQ and earnings‑preview coverage.) [12]
- Cybersecurity and legal overhang: Expect continued scrutiny following today’s class‑action filing and earlier disclosures that high‑profile organizations were impacted by breaches tied to Oracle software. Any new disclosures, settlements, or government guidance could be stock‑moving. [13]
Bottom line for Nov. 11, 2025
Oracle shares are softer today as a new data‑breach suit meets a market digesting CoreWeave’s delay and Burry’s depreciation critique. The bull case—supported by Mizuho—continues to center on OCI capacity expansion and multicloud AI demand heading into December earnings, while the bear case leans on valuation, the cash‑burn and financing intensity of the data‑center buildout, and now cybersecurity/legal headlines. Today’s tape reflects that push‑pull. [14]
This article is for information only and is not investment advice. Always do your own research and consider consulting a licensed financial advisor before making trading decisions.
References
1. news.bloomberglaw.com, 2. www.reuters.com, 3. news.bloomberglaw.com, 4. www.reuters.com, 5. www.investing.com, 6. www.reuters.com, 7. www.marketwatch.com, 8. investor.oracle.com, 9. www.reuters.com, 10. www.reuters.com, 11. investor.oracle.com, 12. investor.oracle.com, 13. news.bloomberglaw.com, 14. www.reuters.com
