Oracle Surges After Raising Revenue Outlook on AI-…
From Financial Modeling Prep: 2025-06-12 11:45:00
Oracle Corporation (NYSE:ORCL) saw a surge in its stock after raising its annual revenue growth forecast to 16.7% for fiscal 2026, up from 15%. The company highlighted strong momentum in cloud and AI infrastructure services.
The Oracle Cloud Infrastructure (OCI) segment experienced a 62% revenue increase fueled by AI workloads. Total cloud growth is expected to exceed 40% in fiscal 2026. Remaining performance obligations rose 41% to $138 billion, signaling significant AI buildout.
While Oracle posted a strong Q4 beat, concerns about high capital expenditure remain. Analysts caution that meeting demand is consuming cash. Despite this, Oracle’s bullish guidance and AI-driven growth are supported by financial trends, offering potential for upside.
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