Why is ORCL stock down?

ORCL is down 9.3% over five trading days, closing at $128.23 on Oct. 16, 2026. When a stock drops like this, the first question is whether the problem is the company or the whole group it trades with.

To answer that, we compare ORCL with its closest peers, check the calendar for earnings and Fed dates, and go through Oracle Corp's latest SEC filings and insider trades.

The chart below tracks ORCL's daily closing price from April 22, 2026 to Oct. 16, 2026. Over that stretch it is down 31.1%, from $186.18 to $128.23, with a high of $246.40 on June 1, 2026 and a low of $114.58 on July 24, 2026. Each red circle marks a week in which company insiders sold shares on the open market (3 weeks in this period; bigger circles mean more money); each green diamond a week in which they bought (1 week).

ORCL vs peers this week

The table below shows how ORCL stacks up against its peers this week. Over 5 days, MSFT did best (-1.1%) and AMD worst (-13.0%). ORCL ranks 6 of 7.

What could be behind the ORCL move

We found no Oracle Corp earnings report within the last 10 days or next three weeks, and no notable SEC filing in recent weeks, so nothing company-specific on the public record explains the move on its own.

Across the broader market, the backdrop is an uptrend under stress, with the VIX volatility index at 16.46. The Federal Reserve's next rate decision is on Oct. 28, 2026, 9 days away; market pricing puts the odds at 85% for a hold, 14% for a hike and 1% for a cut.

Also worth knowing about ORCL

Live ORCL data, updated every 30 minutes: ORCL insider trades, ownership and filings →

What would change the picture for ORCL

These are the specific events and levels to watch. None of them is a prediction.

• The Dec. 8, 2026 earnings report (50 days away). Oracle Corp beat estimates in all 4 of the last 4 quarters (average surprise +12.0%); a miss would break that pattern.
• Insider buying: 1 insider bought $3.5 million in 90 days. More purchases would strengthen that signal; sales by the same people would weaken it.
• Analyst ratings: the average score moved from 4.14 to 4.08 over three months (on a scale where 5 is strong buy and 1 is strong sell). A run of downgrades after earnings usually shows up here first.
• Price levels: a close above $308.89 would be a new 52-week high, 140.9% above the latest close of $128.23; a close below $114.58 would be a new 52-week low, 10.6% below it.
• Growth: revenue rose 21.6% year over year in the quarter ending Aug 2026 (trend: accelerating). At a P/E of 20.1, a slowdown would matter more than at a lower multiple.
• New shares: dilution risk is high now. A new shelf registration (S-3) or a prospectus supplement (424B) for an offering would raise it.

How ORCL compares with its peers

Over the past month ORCL ranks 5 of 5 in this group (-14.5%); the best was SAP (+5.0%) and the weakest ORCL (-14.5%).

ORCL's P/E of 20.1 is below the peers' median of 21.9, so investors pay less for each dollar of its profit.

A dash in the P/E column means the company lost money over the last 12 months, so it has no P/E.

ORCL history: what happened after similar moves

Since 2023, ORCL fell 14.5% or more in a month 10 times (separate episodes, not counting the current one). Three months later it was higher in 3 of 9 cases; the median change was -7.9%.

Past moves don't predict the next one; they show how volatile the stock has been.

Questions people also ask

What is ORCL's 52-week high and low?

Over the past year ORCL closed as high as $308.89 and as low as $114.58. At $128.23 (Oct. 16, 2026) it is down 58.5% from the high and 11.9% above the low.

Do analysts think ORCL is a buy?

39 of the 49 analysts who cover Oracle Corp rate it a buy or strong buy, for a consensus of Buy. Ratings describe analysts' views, not a guarantee, and they change after earnings.

Are ORCL insiders buying or selling?

Yes. 1 insider bought $3.5 million of ORCL on the open market in the last 90 days, while 2 sold $5.3 million.

Who is the largest shareholder of ORCL?

Among investment managers that file Form 13F, BlackRock Inc. reported the largest ORCL position ($21.3 billion). 3514 institutions reported holding ORCL for Q2 2026.

Is Oracle Corp issuing new shares?

Dilution risk reads high (70/100); the share count rose 6.4% in a year. That is based on 4 offering-related filing(s) in 12 months.

Does ORCL pay a dividend?

Yes: $2.00 per share over the last 12 months, about 1.56% at today's price.

Dates to watch for ORCL

Insider trades can come any day: they must be filed on Form 4 within two business days.

Key terms on this page

P/E ratio

Price divided by the last 12 months of earnings per share. A P/E of 20 means investors pay $20 for each $1 of yearly profit. It is only defined when the company is profitable.

Form 4

The SEC form a company's officers, directors and 10% owners must file within two business days of buying or selling its stock.

Open-market trade

A purchase or sale on the exchange at the market price, paid with the insider's own money (code P or S on Form 4), as opposed to option exercises, grants or gifts.

Form 13F

A quarterly SEC report listing the U.S. stock holdings of every investment manager with more than $100 million. It is due 45 days after each quarter ends, so it shows positions with a delay.

Dilution

When a company issues new shares, each existing share owns a smaller piece of the company. Common sources: stock offerings, convertible debt and large stock-based pay.

52-week high / low

The highest and lowest daily closing price over the past year (about 252 trading days).

Analyst consensus

The average of Wall Street analysts' ratings (strong buy to strong sell). Analysts skew positive, so a hold is often read as a cautious view.

Where these numbers come from

Every number on this page is computed from the data when the page is refreshed (usually daily); nothing is typed in by hand. This is information, not investment advice.

• Price: daily closing prices through Oct. 16, 2026; changes use 5, 21 and 63 trading days; the 52-week range uses the last 252 closes.
• Insider trades: SEC Form 4 filings for the last 90 days, counting only open-market purchases (code P) and sales (code S); option exercises, grants, gifts and filings with data errors are left out.
• Analyst ratings: counts of current ratings from 49 analysts, compared with three months ago.
• Earnings dates and estimates: a market-data calendar; reported vs expected EPS for the last 4 quarters.
• Valuation and growth: revenue, earnings, margins and share counts from the company's SEC filings (XBRL data, latest quarter Aug 2026); P/E and price/sales use the latest close.
• Fund ownership: SEC Form 13F filings for Q2 2026.
• Dilution: share-count changes and offering-related SEC filings (shelf registrations, prospectus supplements, convertible notes) over two years, scored 0-100.
• History: 21-trading-day moves over about three years of daily closes, counted once per episode.