Oracle stock gained 3.06 percent on October 2 as insider buying drew attention

Published on 10/04/2026 at 15:54 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Oracle stock was last at USD 142.30 on October 2, with a USD 409.9 billion market capitalization. Q1 FY2027 cloud revenue rose 62 percent to USD 11.6 billion.

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Oracle stock (ISIN US68389X1054) was last at USD 142.30 on the NYSE on October 2, 2026, up 3.06 percent from the prior close of USD 138.07. The move followed a report that director Stephen Rusckowski bought 25,000 shares at an average USD 139.35 on September 29, as MarketBeat reported on October 2, 2026.

Cloud growth sets the pace

Oracle's Q1 FY2027 revenue reached USD 19.345 billion for the three months ended August 31, 2026, up 30 percent from USD 14.926 billion a year earlier. Oracle reported that total cloud revenue rose 62 percent to USD 11.607 billion, including a 121 percent increase in cloud infrastructure revenue to USD 7.4 billion.

The latest quarter also showed a clear split between accounting measures. GAAP diluted EPS was USD 1.56, up 55 percent year over year, while non-GAAP diluted EPS increased 30 percent to USD 1.92, according to Oracle.

Backlog grows faster than cash flow

Oracle's remaining performance obligations rose USD 209 billion year over year to USD 664 billion, and the company booked more than USD 30 billion in additional AI cloud contracts during Q1 FY2027. Reuters reported that Oracle's free cash flow was negative USD 5.40 billion in the quarter, compared with an expected negative USD 9.56 billion.

Management raised its fiscal 2027 non-GAAP EPS outlook to USD 8.10 from USD 8.05 and set revenue guidance at a minimum of USD 90 billion. That combination makes contract conversion and infrastructure spending the key operating test for the next stages of the AI expansion.

Oracle stock holds a wide yearly range

Oracle stock was last at USD 142.30 on October 2, 2026, at 4:02 p.m. ET, with an October 2 trading range of USD 140.26 to USD 144.86. The 52-week range was USD 114.50 to USD 322.54, while market capitalization stood at USD 409.9 billion and volume reached 30,193,711 shares.