Jim Cramer Turns More Bullish on Oracle After 121% Cloud Infrastructure Revenue Jump

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โดย Insider Monkey·US·Read original
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Jim Cramer said Oracle Corporation's latest quarter left him more bullish on the company's artificial intelligence buildout, pointing to a 121% jump in cloud infrastructure revenue and a $664 billion remaining performance obligation as evidence that AI demand is translating into contracted business. Oracle's fiscal first-quarter 2027 revenue rose 30% year over year to $19.3 billion, while total cloud revenue increased 62% to $11.61 billion and cloud infrastructure revenue reached $7.4 billion. The company delivered 850 megawatts of additional data-center capacity and more than 300,000 GPUs, and its RPO increased $209 billion from a year earlier to $664 billion, with management expecting roughly half of that backlog to convert into revenue over the next 36 months. Oracle reported $28.499 billion of capital expenditures but received $11.363 billion of customer prepayments with a significant financing component, putting net cash outlay for CapEx at $17.966 billion, and it completed its previously announced $20 billion at-the-market equity offering. The company expects fiscal 2027 revenue of at least $90 billion and non-GAAP EPS of $8.10, with current-quarter revenue growth of 30% to 34% and cloud-revenue growth of 65% to 71%, though the stock closed September 11 down 1.74% at $150.28 as investors weighed negative free cash flow of $5.4 billion and $90 billion to $95 billion of expected gross CapEx for fiscal 2027.

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Cloud & Digital Infrastructure▲ · 1 stocks
Oracle Corporation
ORCL
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Oracle's fiscal Q1 2027 revenue rose 30% to $19.3B with cloud infrastructure revenue up 121% and RPO of $664B, though negative FCF and heavy CapEx weighed on shares.

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