Posted on 09/10/2025 3:23:59 PM PDT by SunkenCiv
Oracle (ORCL) stock jumped over 36% Wednesday to a new record close after the software giant said its AI-fueled cloud revenue is set to jump to $144 billion by its 2030 fiscal year.
That marks a massive leap from the company's projection of less than $20 billion for the business in its current fiscal year.
"We expect Oracle Cloud Infrastructure revenue to grow 77% to $18 billion this fiscal year — and then increase to $32 billion, $73 billion, $114 billion, and $144 billion over the subsequent four years," CEO Safra Catz said in a statement on Tuesday.
Oracle stock's rise Wednesday was its biggest single-day gain since December 1992 and added roughly $250 billion to the software giant's market capitalization.
The surge came despite Oracle reporting earnings for the first quarter of its fiscal year 2026 that fell below Wall Street's expectations. The company reported revenue of $14.9 billion, slightly below the $15 billion expected by analysts polled by Bloomberg. The software giant's adjusted earnings per share of $1.47 also came in below the projected $1.48.
Oracle's optimistic revenue outlook came as it raised its remaining performance obligation (RPO), or the total value of contract revenue Oracle will deliver in the future, based on customer agreements...
Oracle has been securing a massive amount of Nvidia's coveted GPUs (graphics processing units, or AI chips) and renting out that computing power through its OCI business to rival those of Big Tech peers such as Amazon (AMZN) and Alphabet's (GOOG, GOOGL) Google. As the software giant has poured billions into its AI ambitions by investing in data center infrastructure, it has laid off workers and reportedly discussed eliminating cash raises and bonuses for employees this year.
(Excerpt) Read more at finance.yahoo.com ...
Oracle Corp
NYSE: ORCL
328.33 USD
+86.82 (35.95%) today
Closed: Sep 10, 5:49 PM EDT
After hours 331.50 +3.17 (0.97%)
Open 319.19
High 345.72
Low 312.09
Mkt cap 922.22B
P/E ratio 75.62
Div yield 0.61%
52-wk high 345.72
52-wk low 118.86
Qtrly Div Amt 0.50
Oracle 35.95% increase; green up pointing triangle shares surged by as much as 43% Wednesday after the software company said it won several billion-dollar contracts in its latest quarter. The wins revealed a bigger foothold in the booming artificial-intelligence race than was previously understood. The database-software company has $455 billion in outstanding contract revenue that it expects to collect for the latest quarter that ended in Aug. 31. Those performance obligations were up more than fourfold from the same quarter last year.Oracle Shares Skyrocket as Software Giant Scores Massive AI Deals
Dean Seal and Nicholas G. Miller | The Wall Street Journal
Wow, my stock shot up today. Wish I had more of it.
My Fidelity guy told me of this today.
He says it really shocked the investment community
I told my wife to sell some of it, to cover her costs in buying it years ago since being a coder on it. She said nope, holding on to all of it. Oracle stock has been good for her.
“the software giant said its AI-fueled cloud revenue is set to jump to $144 billion by its 2030 fiscal year.”
yeah, like ANYONE can predict revenue five years in advance ...
If nothing else, AI is a storage and processor hog.
Larry Ellison, saw his net worth surge by approximately $101 billion in 1 day!
I wonder if Elison future predictions are valid. They are predicting big sales out to 2030. Meanwhile their earnings report this quarter missed predictions.
https://finance.yahoo.com/news/oracle-stock-soars-after-ceo-says-ai-fueled-cloud-revenue-set-to-jump-to-144-billion-154530523.html
From the link: The surge came despite Oracle reporting earnings for the first quarter of its fiscal year 2026 that fell below Wall Street’s expectations.
That marks a massive leap from the company’s projection of less than $20 billion for the business in its current fiscal year.
“We expect Oracle Cloud Infrastructure revenue to grow 77% to $18 billion this fiscal year — and then increase to $32 billion, $73 billion, $114 billion, and $144 billion over the subsequent four years,” CEO Safra Catz said in a statement on Tuesday.
GE’s Jack Welch ceo at the time he was in charge back dated sales to make the current year look better. He would sell off divisions to help cover lower sales. He turned GE into a credit company. He made millions when the stock rose.
Good thing, you would have never heard the end of it.
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