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Oracle boosts cloud infrastructure revenue forecast, shares jump 23%
Oracle projects Oracle Cloud Infrastructure revenue to reach $144 billion by 2030, driven by a 77% growth forecast this fiscal year and multi-billion-dollar contracts, CEO Safra Catz said.
- Oracle reported first quarter 2025 earnings with $14.9 billion revenue and non-GAAP earnings of $1.47 per share, below estimates.
- The revenue shortfall contrasts with a 359% jump in remaining performance obligations, signaling strong future booked revenue.
- Oracle secured several contracts valued in the multi-billion-dollar range with a trio of clients and projected a 77% increase in Cloud Infrastructure revenue for this fiscal year.
- CEO Safra Catz described the quarter as remarkable, highlighting strong and growing interest in Oracle Cloud Infrastructure and anticipating that remaining performance obligations could surpass $500 billion.
- Oracle’s outlook suggests significant expansion of cloud services and AI application generation will drive long-term growth despite recent negative free cash flow.
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Oracle's stock skyrocketed. Jefferies analysts say there could be even more room to run.
Oracle office in Santa Monica, CaliforniaRichard Vogel/APOracle's stock surged 36% after reporting record future revenue obligations.Jefferies sees more upside, lifting its stock price target to $360 on cloud and AI growth.Analysts point to Oracle's AI-fueled cloud expansion as a catalyst for more upside.Oracle posted blockbuster gains on Wednesday, and the rally may not be over, according to equity analysts at Jefferies.The surge in Oracle's st…
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Oracle boosts cloud infrastructure revenue forecast, shares jump 23%
Oracle said on Tuesday it expects revenue in its Oracle Cloud Infrastructure business to grow 77 per cent this year, from earlier projections of 70 per cent, boosted by growing cloud demand and sending its shares up 23 per cent after the bell.The company forecasts OCI revenue to rise 77 per cent to $18 b
Oracle soared on the New York Stock Exchange on Wednesday after announcing that revenue from its cloud infrastructure (cloud computing) is expected to reach $144 billion by 2030 thanks to artificial intelligence (AI).
Oracle Shoots for the Clouds: Stock Jumps 32% on AI-Powered Cloud Hopes
The future for cloud revenue powered by AI is looking optimistic, which is why investors are rushing to bet money on Oracle. On Wednesday (September 10, 2025), Oracle’s stock price skyrocketed by more than 32% in premarket trading. As these numbers seem to go up and up, the CEO, Safra Catz, draws a road map for OCI revenue. According to Oracle, its AI-powered cloud business could make $144 billion by 2030. Such a whopping number is a wild predic…
Oracle Shares Surge 27% on AI-Driven Cloud Revenue Boom
Oracle’s Cloud Momentum Builds Oracle Corp.’s shares experienced a dramatic surge in after-hours trading, climbing as much as 27% following the company’s latest earnings report, which highlighted robust growth in its cloud infrastructure business. Investors reacted enthusiastically to Oracle’s announcement of a staggering $455 billion in remaining performance obligations, a key metric indicating future revenue from contracts, marking a 359% incr…
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