$ORCL +10% intra day
Reaffirmed FY30 revenue and EPS targets at investor day; said capex will peak in FY27-28 and step | Hanami
$ORCL +10% intra day
Reaffirmed FY30 revenue and EPS targets at investor day; said capex will peak in FY27-28 and step down in FY29. Expecting to turn FCF positive in fiscal 2H28 and then $30B+ in FY29 (much earlier than expected).
External funding will be capped at $20B through FY30, excluding refinancing and on top of the $20B ATM in F1Q27 that already happened.
Net debt to adj EBITDA to be <3.5x in FY29 with growth self funded from FY29 and beyond.(Historical earnings: For fiscal 2026Q3 (period ended 2026-02-28), Oracle reported basic EPS of 4.47, diluted EPS of 4.38, and net income of USD 12.783 billion. The prior-year 2026Q3 period (ended 2025-02-28) showed basic EPS of 3.24, diluted EPS of 3.15, and net income of USD 9.016 billion.
Consensus expectations: For the upcoming 2026Q3 event, consensus expects EPS of 1.7383 and revenue of USD 19.129 billion.)