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Oracle Shares Dip Monday: What's Happening?

Dylan Berman 7 hours ago

Trading IdeasMoversNews

Oracle shares are trading lower Monday after Bloomberg reported that the company kicked off a $10 billion sale of U.S. investment-grade bonds.

Oracle Corporation (NYSE:ORCL) shares are trading lower Monday after Bloomberg reported that the company kicked off a $10 billion sale of U.S. investment-grade bonds.

Oracle Launches $10 Billion Investment-Grade Bond Sale

According to Bloomberg, which cited a person familiar with the matter, Oracle began marketing the $10 billion offering Monday, just days after the company said it would undertake only $20 billion of additional capital raises over the next several years.

Oracle Offering Follows $20B Capital Raise Cap Pledge Through Fiscal 2030

Last week, Oracle said it is committed to limiting additional funding raised in the capital markets for its fiscal 2027 to fiscal 2030 investment cycle to $20 billion, currently expected to be $10 billion in equity and $10 billion in gross debt, excluding refinancing of existing debt. The company said its capital spending is expected to peak in fiscal 2027 and 2028 and step down in fiscal 2029, supporting free cash flow of at least $30 billion that year.

In fiscal 2026, Oracle raised $43 billion in debt and $5 billion in equity to fund the build-out of its AI data centers. Oracle also reaffirmed its fiscal 2027 outlook for revenue of at least $90 billion and non-GAAP earnings per share of $8.10.

Oracle Shares Drop

ORCL Price Action: At the time of publication, Oracle shares are trading 4.21% lower at $125.16, according to data from Benzinga Pro.

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