Oracle issues force majeure notice: Oracle stock gains 1.07 percent

Published on 10/05/2026 at 13:04 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Oracle revenue rose 30.00 percent to USD 19.3 billion in fiscal first quarter. Oracle stock is EUR 127.62 on October 5, 2026 versus EUR 126.27.

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Oracle Corporation (ISIN US68389X1054) was trading at EUR 127.62 at Lang & Schwarz on October 5, 2026 at 1:01 p.m. CEST, up 1.07 percent versus the prior close of EUR 126.27. The company issued a force majeure notice for its Project Jupiter data center on September 24, 2026, according to Reuters.

Project Jupiter carries execution risk

Reuters reported that Oracle sent the notice to a Blue Owl Capital unit over potential power delays at the New Mexico campus. Project Jupiter is designed to come online in 2028, while Oracle said the project remains on its planned schedule.

The notice concerns contractual protection if the site is delayed, rather than a disclosed change to Oracle's fiscal year 2027 outlook. CNBC reported that the project faces regulatory hurdles and that Oracle linked the notice to possible payment delays.

Cloud growth offsets capital intensity

Oracle reported fiscal first-quarter revenue of USD 19.3 billion on September 10, 2026, up 30.00 percent from the prior-year quarter, according to Oracle. Cloud revenue rose 62.00 percent to USD 11.6 billion, while cloud infrastructure revenue climbed 121.00 percent to USD 7.4 billion.

Remaining performance obligations, a contracted revenue measure, increased USD 209.0 billion year over year to USD 664.0 billion. Oracle also reported USD 23.0 billion of operating cash flow, while free cash flow was negative USD 5.0 billion as capital investment supported cloud expansion.

Analysts keep a wide valuation gap

Citizens maintained a Market Outperform rating and a USD 285.00 price target on October 2, 2026, according to Investing.com. The target is a separate US-dollar assessment and is not combined with the euro quote from Lang & Schwarz.

Oracle's finance profile showed a market capitalization of USD 409.9 billion and a 52-week range of USD 114.50 to USD 322.54 as of October 2, 2026. The range highlights the gap between the current valuation and the year's peak while the company expands infrastructure capacity.

Oracle stock trades higher in Europe

Oracle stock was trading at EUR 127.62 at Lang & Schwarz on October 5, 2026 at 1:01 p.m. CEST, up 1.07 percent versus the Lang & Schwarz prior close of EUR 126.27 on October 2, 2026. The next scheduled dividend record date is October 9, 2026, for a quarterly cash dividend of USD 0.50 per share, according to Oracle's September 10, 2026 release. The further course of trading is shown by the continuously updated real-time quote of Oracle stock.