Oracle Corporation (NYSE:ORCL) posted strong Q revenue and EPS growth, a $638B+ backlog and a major DoD IDIQ worth up to $6.99B, while facing $7B collateral for a high‑power Port Washington data center and planning >$40B in new funding as CLSA eyes a $145 target.
Previous Week Recap
- ORCL Q Revenue Up 21%: ORCL Q revenue $19.2B (+21%), diluted EPS $1.45 (+21%). Backlog >$638B. Short-term debt ~$7.2B, long-term debt ~$122B. Plans to raise >$40B via debt and equity.
- Oracle Wins DoD IdIQ: Oracle (ORCL) won a DoD 10-year software IDIQ: base $3.31B for first five years, up to $6.99B total. Covers licenses, maintenance, support, consulting, cloud across U.S. military and intel.
- Port Washington Collateral Requirement: Wisconsin regulators require Oracle (ORCL) to post about $7 billion in collateral to cover new power plant and grid upgrades for its Port Washington data center, which may draw nearly 1 GW.
- CLSA Price Target 145: CLSA set a price target of $145.00 per share for Oracle Corporation (ORCL).
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