Oracle Corporation plans to raise between $45 billion and $50 billion to fund its AI data center expansion. The company will generate half of the funds via equity-linked issuances and bonds. This follows a previous $25 billion debt raise.
Bernstein analysts state this capital plan covers Oracle's requirements through fiscal 2028. The firm notes the move eases funding concerns following several large AI contract wins. Bernstein maintains an Outperform rating on the stock with a $313 price target.
Oracle shares rose 4.74% in pre-market trading. The stock reached $149.59, outperforming broader market declines despite increased scrutiny of AI spending.