Stock Strategy Report — 2026-06-27

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1. Market Trends and Stock Price Drivers

• Oracle (ORCL): The stock dropped 19% in the last 24 hours, marking its worst weekly decline since the 2001 dot-com bubble. However, Evercore ISI maintains an "automatic buy" rating, emphasizing that the $638B in AI-related contracted backlog reported in Q4 secures revenue for years to come.

• Oracle Restructuring: Oracle announced plans to reduce its workforce by approximately 13% (21,000 employees) during fiscal year 2026. This is part of a strategic realignment accompanying a $50B investment in AI expansion.

• Astera Labs (ALAB): Following its inclusion in the NASDAQ-100 index on June 23, a Seeking Alpha analysis stated that ALAB’s valuation cannot be explained by trading formulas. Simply Wall St noted that despite demand from index funds, the stock could be 62.1% overvalued.

• Samsung Electronics: As of June 26, retail investors net-purchased nearly 1.6 trillion won worth of shares within the first hour of trading. This was driven by a series of upward target price adjustments by domestic and foreign brokerage firms this month.

• DL E&C: In a regular assessment by NICE Investors Service, the company maintained an 'AA- (Stable)' rating for the eighth consecutive year, proving its financial stability as a leader in the construction industry. While the company received a notification of a 853.3 billion won tax assessment from Saudi Arabian tax authorities, NICE assessed the impact of this tax issue as limited.

• IonQ (IONQ): Despite recording $64.7 million in revenue for Q1 2026—significantly beating analyst expectations—the stock dipped slightly in after-hours trading.

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2. Expert Analysis and Investment Opinions (Target Price/Buy/Stop-Loss)

• Oracle (ORCL) — Evercore ISI Rating Maintained: Evercore ISI maintains that the growth of Oracle's $638B contracted backlog guarantees financial stability and growth, rating Oracle as an automatic buy opportunity despite the current tech sector weakness.

• Astera Labs (ALAB) — Sell Warning: Seeking Alpha's analysis suggests that despite ALAB's PCIe Gen-6 leadership and strong operational performance, the current valuation is unjustifiable and recommends selling.

• Astera Labs (ALAB) — Valuation Concerns After NASDAQ-100 Inclusion: Simply Wall St pointed out that despite new demand from its NASDAQ-100 index inclusion, ALAB stock may be 62.1% overvalued relative to its fair value.

• Samsung Electronics — Target Price Upward Signal: Most domestic and international brokerage firms raised Samsung Electronics' target price in June; retail investors are responding with 1.6 trillion won in net buying.

• SK Hynix — Upward Evaluation: Brokerage firms, including Hana Securities, assessed that SK Hynix is expected to see improved earnings due to rising general DRAM prices and a focus on new products in next year's HBM price negotiations, raising the target price to the 3.6 million won level.

• DL E&C — Credit Rating Maintained & Limited Tax Impact: NICE Investors Service maintained DL E&C's AA- (Stable) rating for the 8th consecutive year and assessed that the impact of the Saudi tax assessment on the credit rating is limited.

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3. Shareholder Strategy and Comprehensive Report

• Oracle: Leveraging Low-Price Buying in a Weak Tech Market: The current 19% drop in Oracle's stock is a result of broader tech sector weakness. However, because its $638B AI backlog secures revenue for 3-5+ years, institutional investors like Evercore ISI maintain a buy signal. Shareholders should focus on the fundamental value (contracted backlog) and consider this a chance to gradually rebalance their long-term portfolio rather than being shaken by short-term volatility.

• Astera Labs: Valuation Risk Management Essential: While demand from individual investors and index funds for ALAB has increased following its NASDAQ-100 inclusion, analysis from Seeking Alpha and Simply Wall St suggests it may be 62.1% overvalued. Current holders should consider staggered profit-taking up to their break-even targets in this overvalued climate, and remain cautious regarding new purchases.

• Samsung Electronics/SK Hynix: Utilizing Simultaneous Buying Signals: Samsung Electronics is seeing 1.6 trillion won in retail net buying following target price hikes, and SK Hynix is showing signals of upward price targets (3.6 million won) based on DRAM price increases and expectations for new HBM products. Shareholders are advised to maintain their holdings in this positive analyst environment, but to set clear exit timings and profit-taking targets given the high volatility across the tech sector.