matthew sigel, recovering CFA(@matthew_sigel):$ORCL +10% intra day Reaffirmed FY30 revenue and EPS targets at investor day; said capex will peak in FY27-28 and step down in FY29. Expecting to turn FCF positive in fiscal 2H28 and then $30B+ in FY29 (much earlier than expected). External funding will be capped at $20B through FY30, excluding refinancing and on top of the $20B ATM in F1Q27 that already happened. Net debt to adj EBITDA to be <3.5x in FY29 with growth self funded from FY29 and beyond.

matthew sigel, recovering CFA

@matthew_sigel

Head of digital assets research @VanEck_us. PM, VanEck Onchain Economy ETF ($NODE). ❌️ Disclosures

가입 July 2017

2.6K 팔로잉 중 67.2K 팬

matthew sigel, recovering CFA@matthew_sigel

2026.10.28 18:40

$ORCL +10% intra day Reaffirmed FY30 revenue and EPS targets at investor day; said capex will peak in FY27-28 and step down in FY29. Expecting to turn FCF positive in fiscal 2H28 and then $30B+ in FY29 (much earlier than expected). External funding will be capped at $20B through FY30, excluding refinancing and on top of the $20B ATM in F1Q27 that already happened. Net debt to adj EBITDA to be <3.5x in FY29 with growth self funded from FY29 and beyond.