Oracle Raises FY27 EPS to $8.05 as Shares Drop 22.1% After Record Q4
Updated
Updated · 24/7 Wall St. · Jun 15
Oracle Raises FY27 EPS to $8.05 as Shares Drop 22.1% After Record Q4
1 articles · Updated · 24/7 Wall St. · Jun 15
Summary
Oracle shares fell 22.1% in the week after its June 10 results, even as the company posted a record fiscal Q4 and lifted FY27 non-GAAP EPS guidance to $8.05 on projected revenue of $90 billion.
638 billion dollars in remaining performance obligations, up 363% year over year, underpins that outlook; Oracle said $75 billion is tied to prepaid or customer-supplied GPU arrangements that lock in future cloud revenue.
Cloud now makes up 52% of total revenue versus 43% a year earlier, with cloud infrastructure revenue rising 93% to $5.787 billion and multicloud AI Database growth hitting 404% in Q4.
Negative free cash flow of $23.686 billion and $55.663 billion of capex in FY26 reflect Oracle's buildout of 211-plus live and planned cloud regions and 72 multicloud datacenters, with about $40 billion more debt and equity planned in FY27.
The selloff leaves Oracle trading lower even as estimates move higher, shifting attention from AI-driven chip names toward contracted, subscription-based infrastructure exposure.