AI-powered contentSome parts of this article are powered by AI.
Share this article
Summary
Oracle (ORCL) closed at $144.54 on October 28, 2026, up 10.73%, its best day since May according to Yahoo Finance.
At its investor day, Oracle set a timeline to positive free cash flow in the second half of fiscal 2028 and a target of $30 billion or more for fiscal 2029.
Financial media tied the rally to the cash flow outlook, which eased worries about rising debt and AI spending, though the figures remain company targets.
Gotrade News - In the latest Oracle stock news, shares of Oracle (ORCL) closed at $144.54 on Wednesday, October 28, 2026, up $14.01 or 10.73% from the previous close. Oracle stock rallied after the company set a timeline at its investor day to return to positive free cash flow and capped how much new capital it will raise through fiscal 2030.
ORCL Trading Data
Data
Value
Closing price
$144.54
Change
+$14.01 (+10.73%)
Previous close
$130.53
Day range
$128.42 to $148.47
Volume
81.9 million shares
30-day average volume
29.8 million shares
Market cap
$437.1 billion
Regular-session close on Wednesday, October 28, 2026, 4:00 p.m. New York time. Stock prices: Yahoo Finance, cross-checked against the closing price on Nasdaq.com. Volume and 30-day average volume: Nasdaq.com. Indices and the 10-year Treasury yield: Yahoo Finance daily closes for the same date.
Oracle finished $16.12 above its intraday low of $128.42 but below the session high of $148.47. According to Yahoo Finance, the shares held near the prior close for most of the day and jumped within minutes of the investor day release in the afternoon, giving the stock its best day since May.
Trading volume ran 174.82% above the average. The gain outpaced the Nasdaq Composite by 10.46 percentage points: the Nasdaq rose 0.27% to 26,549.85, the S&P 500 added 0.28% to 7,743.98 and the Dow Jones Industrial Average gained 0.19% to 52,475.10. The US 10-year Treasury yield rose 5.2 basis points to 5.05% in the same session.
According to Oracle's official investor day release, dated October 28, the company expects positive free cash flow during the second half of fiscal 2028 and set a free cash flow target of $30 billion or more for fiscal 2029. It expects capital spending to peak in fiscal 2027 and fiscal 2028 and to step down in fiscal 2029. Oracle also committed to limit additional capital raises through fiscal 2030 to $20 billion, made up of $10 billion in equity and $10 billion in gross debt, excluding refinancing of existing debt.
The release set a fiscal 2030 outlook of $225 billion or more in total revenue, which Oracle said represents more than 35% compound annual growth from fiscal 2026, alongside a non-GAAP operating margin of 40% or more and non-GAAP earnings per share of $21 or more. It reaffirmed the fiscal 2027 outlook of at least $90 billion in revenue.
Financial media tied the jump to the cash flow outlook. As reported by Stocktwits, the outlook eased investor worries that rising debt and high interest rates would make Oracle's AI spending unsustainable, and Bloomberg and FactSet data showed analysts had expected free cash flow to stay deeply negative through that period.
ORCL Stock Analysis: Supporting Factors and Risks
Supporting Factors
Per Motley Fool, Oracle said vendor financing, customer-provided hardware and customer prepayments are expected to reduce upfront cash requirements as it moves to positive free cash flow.
The same report noted record September-quarter revenue of $19.3 billion, up 30% year over year, and the fiscal 2027 outlook of at least $90 billion compares with $67.4 billion in the prior fiscal year.
Risks
The cash flow and revenue figures are company targets. According to Yahoo Finance, Oracle burned about $24 billion in free cash flow in the fiscal year that ended in May 2026.
Before the event, Fidelity's Jurrien Timmer pointed to the rising cost of insuring Oracle and CoreWeave debt against default and cautioned that a slower data center build-out could reduce chip demand, per Yahoo Finance.
Investopedia tied the stock's earlier slide to concerns about Oracle's AI infrastructure spending and its exposure to a small number of large AI companies.
Yahoo Finance noted that investors will look to Oracle's next earnings report, expected in December (an estimate), for signs that free cash flow is moving toward the target.
This article is for education and information only and is not investment advice. Investment decisions are yours to make after your own research.
Gotrade is the trading name of Gotrade Securities Inc., which is registered with and supervised by the Labuan Financial Services Authority (LFSA). This content is for educational purposes only and does not constitute financial advice. Always do your own research (DYOR) before investing.
M. Alfathan Rahman is a content writer with over 3 years of experience developing digital content strategies across various industries, including fintech. He has experience producing content for tax-related websites and financial education platforms. His focus areas include data research, and crafting financial articles that are informative, accurate, and accessible to investors of all experience levels.
Hendrie Saputra holds a Master of Business Administration (MBA) with a concentration in Business Risk & Finance, along with professional experience in finance, marketing, and project management. He is experienced in analyzing market data and developing research-driven business strategies.
