Oracle Raises 2027 Outlook to $90B, Plans $50B Cloud Expansion as Stock Jumps 12%
Oracle reported fiscal Q3 non-GAAP EPS of $1.79 on revenue of $17.19 billion, beating estimates, and raised its fiscal 2027 revenue outlook to $90 billion. The company unveiled plans to raise up to $50 billion to expand cloud infrastructure capacity as its stock surged over 12% and saw sixfold options volume.
1. Earnings Beat and Guidance Raise
Oracle reported Q3 non-GAAP EPS of $1.79 per share on revenue of $17.19 billion, surpassing consensus forecasts. The company raised its fiscal 2027 revenue guidance to $90 billion, reflecting robust cloud service growth.
2. $50 Billion Capital Raise
The company unveiled plans to raise as much as $50 billion through debt and equity to expand its cloud infrastructure capacity. The funds will accelerate server deployments and data-center buildouts to support rising AI training and inference demand.
3. Stock Rally and Options Activity
Shares jumped over 12%—the largest one-day gain since last September—driven by the earnings beat and outlook raise. Options volume spiked to 345,000 calls, six times the daily average, signaling heightened bullish interest.
4. Analyst Upgrades and Price Targets
J.P. Morgan upgraded the stock to overweight and seven brokerages lifted their price targets, with the highest at $319. Currently, 31 of 41 analysts maintain strong buy ratings, implying over 50% upside to consensus targets.