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Oracle (ORCL) Stock: Three Critical Metrics for March 10 Earnings Report

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ORCL Stock Card

Quick Summary

  • Oracle’s Q3 FY26 financial results arrive March 10 following market close
  • Analysts project earnings per share of $1.71 (+16.3% YoY) with revenue around $16.92 billion (+20% YoY)
  • Cloud infrastructure revenue surged 68% in Q2 FY26, with full-year FY26 target of 77% expansion
  • Remaining performance obligations reached $523 billion in Q2, representing 438% annual increase
  • ORCL shares have declined over 20% this year; Deutsche Bank reduced target from $375 to $300

Oracle approaches Tuesday’s Q3 FY26 financial disclosure under considerable pressure. Shares have tumbled more than 20% since the year began, trading approximately 50% beneath the September 2024 high. As the company prepares to release results after trading hours on March 10, market participants are zeroing in on three critical data points.


ORCL Stock Card
Oracle Corporation, ORCL

The Street anticipates adjusted earnings per share of $1.71, marking a 16.3% year-over-year increase. Revenue projections hover near $16.92 billion, translating to approximately 20% growth. During the previous quarter, Oracle fell short of revenue expectations with $16.06 billion — a 14.2% annual gain that nonetheless missed analyst estimates.

Notably, Oracle leads the pack as the initial major data and analytics software provider reporting results this earnings cycle. Without peer comparisons available, investors are navigating this report in relative isolation.

Cloud Infrastructure Revenue: The Primary Growth Driver

OCI represents the powerhouse behind Oracle’s expansion narrative currently. Revenue acceleration has maintained momentum across multiple consecutive quarters — climbing from 49% in Q3 FY25 to 52% in Q4, then 55% in Q1 FY26, and most recently 68% in Q2 FY26.

Executives have set expectations for OCI to expand approximately 77% throughout the complete fiscal year, generating roughly $18 billion in revenue. Looking further ahead, Oracle has established ambitious targets of $144 billion in aggregate cloud revenue by fiscal year 2030.

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This represents a substantial objective. It’s the primary rationale behind most analysts maintaining confidence in the stock despite this year’s downturn.

Oracle’s remaining performance obligations — effectively representing future contracted revenue — totaled $523 billion during Q2 FY26, marking a remarkable 438% year-over-year surge. This substantial backlog demonstrates robust appetite for cloud and artificial intelligence infrastructure agreements.

The Q3 RPO metric will draw intense scrutiny. Any deceleration in this figure could trigger investor concern.

Infrastructure Investment Sparks Questions

The flip side of Oracle’s expansion trajectory involves the financial commitment. Oracle anticipates deploying approximately $50 billion in capital expenditures throughout fiscal 2026.

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Future operating lease obligations have also ballooned to roughly $248 billion as of last November — substantially exceeding cloud competitors Microsoft and Amazon. This represents considerable financial exposure for an enterprise still expanding its infrastructure foundation.

Consequently, Oracle’s trailing free cash flow has dipped into negative territory, despite operating cash flow remaining above $22 billion. Market participants will examine capex guidance meticulously for indications of either moderation — or further acceleration.

Deutsche Bank analyst Brad Zelnick lowered his price objective on ORCL from $375 to $300 this Monday, while maintaining his Buy rating. He expressed concerns regarding cash consumption tied to Oracle’s AI infrastructure expansion, but highlighted two encouraging developments: Oracle’s successful unsecured investment grade bond issuance in February, and OpenAI securing a $110 billion private funding round.

Aggregate Wall Street sentiment maintains a Strong Buy rating — with 25 Buy recommendations and 6 Hold ratings issued over the past three months. The consensus price target stands at $270.14, suggesting approximately 76.6% potential upside from present trading levels.

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Oracle releases earnings following market close on March 10.

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Crypto World

Bithumb Receives Business Suspension Notice for AML Violations

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Bithumb Receives Business Suspension Notice for AML Violations

Bithumb, South Korea’s second-largest cryptocurrency exchange by trading volume, is reportedly facing a possible partial business suspension of up to six months as regulators step up enforcement over anti-money laundering controls.

South Korea’s Financial Intelligence Unit (FIU) gave Bithumb a preliminary notice of a six-month partial suspension over alleged anti-money laundering and know-your-customer failures under the Act on Reporting and Using Specified Financial Transaction Information, according to local media reports on Monday. The regulator reportedly cited concerns over dealings with unregistered overseas virtual asset service providers and shortcomings in customer due diligence.

The FIU also issued a reprimand warning to Bithumb’s CEO, a warning considered a heavy penalty, which may lead to restrictions on his reappointment or future roles. Regulators are expected to hold a sanctions review later in March before deciding on any final measures. Bithumb told News1 that the action remains at the pre-notification stage and that the scope of any sanctions could still change.

“This measure is not yet a confirmed sanction, but is a pre-notification stage, and there may be some adjustments in the sanctions trial,” a Bithumb spokesperson said, adding that “restrictions only apply to the transfer (withdrawal) of virtual assets by new members.”

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If finalized, the suspension would restrict new users from transferring digital assets off the platform, according to the report. Bithumb did not immediately respond to Cointelegraph’s request for comment.

Related: South Korea moves to cap crypto exchange shareholder stakes at 20%: Report

The notice follows scrutiny on South Korea’s Financial Services Commission’s failure to detect critical flaws tied to Bithumb’s internal systems after the exchange mistakenly credited 2,000 Bitcoin (BTC) per user instead of 2,000 Korean won ($1.40) during a promotional event on Feb. 6, distributing a total of 620,000 BTC (worth around $43 billion at the time).

Related: Hacker returns $21M in Bitcoin stolen from South Korean authorities: Report

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South Korean regulators impose stricter money laundering regulations

South Korean regulators are seeking to impose stricter sanctions on crypto exchanges suspected of AML and KYC violations. 

In November 2025, FIU imposed a partial three-month suspension and a 35.2 billion won ($25 million) fine on cryptocurrency exchange Upbit’s parent company, Dunamu, for similar violations. 

Crypto exchange Korbit also received a warning and a 2.73 billion won ($1.9 million) fine in December 2025.

Both administrative penalties stemmed from concerns related to dealings with overseas crypto service providers and neglect of customer verification practices.

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