BUZZ-Oracle plans $40 billion FY27 debt, equity raise; shares fall

Oracle Corporation

Oracle Corporation

ORCL

0.00

** Shares of cloud firm Oracle ORCL.N fall 4.4% to $192.51 in extended trading

** Oracle said it plans to raise about $40 billion through a mix of debt and equity financing in FY27, including its previously announced $20 billion at-the-market equity issuance

** Co reports Q4 revenue of $19.18 billion vs estimates of $19.10 billion - data compiled by LSEG

** Co forecast Q1 FY27 revenue to grow between 27% to 29%, compared with analysts' expected growth of 27.7% - data compiled by LSEG

** FY 2026 capital expenditure came in at $55.66 billion vs $50 billion expected by the company

** Up to last close, stock had risen 3.3% YTD