Oracle Corp stock slips as $18 billion AI data-center loans trade at a steep discount
Published on 09/20/2026 at 14:25 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Oracle Corporation (ISIN US68389X1054) stock closed at USD 147.61 on September 18, 2026, down 1.98% from the prior session as investors weighed fresh concerns over the financing of its large AI data-center projects and the sustainability of its recent growth surge.
Loan stress tests Oracle stock
According to TS2.tech on September 20, 2026, around USD 18 billion of syndicated loans tied to Oracle’s Project Jupiter data centers were recently quoted at 89 to 91 cents on the dollar, a level that places them in stressed territory and puts renewed focus on the company’s leverage and financing costs.
As TS2.tech reports, Oracle shares fell from a close of USD 150.59 on September 17, 2026, to USD 147.61 on September 18, 2026, a decline of 1.98 percent, while the session low moved from USD 146.15 to USD 144.40 and trading volume jumped from 27.74 million to 39.22 million shares, indicating heavier activity as markets digested both the loan pricing and the company’s ambitious AI infrastructure plans.
Technical commentary cited by Mitrade on September 20, 2026 notes that Oracle recently closed at USD 147.61 after dipping intraday to USD 144.40, with the stock trading below its 20-day moving average around USD 149.41, a pattern that suggests short-term selling pressure and a test of support zones in the low USD 140s.
Cloud growth drives Q1 FY2027 results
Beyond the financing questions, Oracle’s most recent quarterly report shows why the company is pushing so aggressively into AI-focused infrastructure. According to Webull, Oracle reported revenue of USD 19.35 billion in its fiscal first quarter of 2027, which ended on August 31, 2026, an increase of 29.6 percent year over year and roughly USD 210 million above the LSEG consensus estimate of USD 19.14 billion.
The same Q1 FY2027 earnings recap from Webull notes that non-GAAP earnings per share came in at USD 1.92 for the quarter ended August 31, 2026, beating the consensus and underscoring how the company’s expanding cloud and AI infrastructure businesses are translating into stronger profitability.
As Yahoo Finance reported on September 20, 2026, Oracle said its cloud infrastructure revenue jumped 121 percent in the fiscal first quarter compared with the prior year, helping overall revenue rise by about 30 percent and pushing remaining performance obligations, its contract backlog, to USD 664 billion, more than seven times the revenue it expects for the current fiscal year.
According to the same analysis by Yahoo Finance, Oracle raised its full-year revenue outlook to at least USD 90 billion on the back of that rapidly expanding backlog, a guidance move that signals management’s confidence that the AI and cloud demand embedded in its long-term contracts will support continued double-digit growth despite near-term volatility in the stock.
Debt load and capex are key risks
At the same time, Oracle’s balance sheet and spending plans highlight the risks that investors need to monitor alongside the impressive growth metrics. As Yahoo Finance noted in a September 19, 2026 article on Oracle’s debt load, the company carried just over USD 125 billion in total debt as of the first quarter of fiscal 2027 ended August 31, 2026, reflecting years of acquisitions and heavy investment in cloud infrastructure.
In the same piece, Yahoo Finance points out that Oracle spent over USD 28 billion on capital expenditures in fiscal Q1 2027 alone, following nearly USD 56 billion of capex over fiscal 2026, meaning that quarterly capital spending exceeded operating cash flow by about USD 5.4 billion and reinforcing why markets are sensitive to any sign of stress in the company’s data-center financing arrangements.
Despite those heavy investments, Oracle’s operating performance remains strong. According to the same Q1 fiscal 2027 analysis from Yahoo Finance, revenue of just over USD 19 billion in the quarter increased by 30 percent, cloud segment revenue grew about 60 percent, operating expenses rose 18 percent, and operating income jumped 57 percent to more than USD 6.7 billion, while interest expense was roughly USD 1.4 billion, allowing Oracle to earn a quarterly profit of around USD 4.7 billion.
Analyst and investor perspective
The combination of rapid cloud growth, a massive backlog and a large debt-financed AI infrastructure program has led to mixed but generally cautious assessments among analysts. In a valuation-focused article dated September 19, 2026, Seeking Alpha argued that Oracle shares appear fairly valued near USD 152 per share when balancing the positive impact of backlog growth against execution and financing risks, and the commentary remained neutral until key events such as OpenAI-related announcements and an Oracle analyst day shed more light on demand and capital needs.
For investors, the near-term question is whether Oracle’s strong Q1 FY2027 fundamentals and raised revenue outlook justify the current share price in the high USD 140s while USD 18 billion of data-center loans are trading at a discount and overall debt stands at about USD 125 billion as of August 31, 2026, a tension that is now being reflected in both the stock’s recent pullback and its elevated trading volumes.
Oracle stock price and trading data
Per data from a US stock portal as of September 20, 2026, Oracle stock was quoted around USD 147.50 on the New York Stock Exchange, with the trading session showing a high of USD 151.35 and a low of USD 144.40 and reported volume of roughly 39.32 million shares, broadly consistent with the prior close of USD 147.61 and a daily move in the low single-digit percent range.
Oracle Corp stock facts
- Company: Oracle Corporation
- ISIN: US68389X1054
- Ticker: ORCL
- Trading venue: NYSE
- Price (as of September 20, 2026): 147.50 USD
- Market capitalization: 446.35 billion USD (as of September 20, 2026)
- Sector / Industry: Information Technology / Software and Cloud Services
- Index membership: S&P 500
