Oracle shares jump on upbeat cloud forecast
ReutersSep 9, 2025 8:32 PM
Shares of Oracle ORCL.N rise 21% to ~$293 after the bell
Co expects revenue in its Cloud Infrastructure business to grow 77% this year vs previous forecast of 70%
Expects 2026 cloud revenue to come in at $18 billion
Q1 '26 revenue rose 12% to $14.93 billion
29 of 41 brokerages rate the stock "buy" or higher, 12 "hold"; their median PT is $259.16
As of last close, shares up 43.11% YTD
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