Oracle stock gains 3.06 percent after AI cloud growth

Published on 10/03/2026 at 23:42 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Oracle stock beat Q1 FY27 consensus with USD 19.35 billion in revenue on September 10, 2026. Cloud infrastructure revenue rose 121 percent to USD 7.4 billion, while FY27 revenue guidance reached at least USD 90 billion.

Editorialfoto der New York Stock Exchange mit Börsenkursanzeigen und Säulenfassade — Oracle Corporation US68389X1054 gezeigt in einem Börsen-Editorialfoto vor der New York Stock Exchange NYSE, Illustration mit AI erstellt.

Oracle stock (ISIN US68389X1054) closed at USD 142.30 on the NYSE on October 2, 2026, up 3.06 percent for the session. The move followed renewed analyst support and a quarterly report showing that cloud infrastructure is now the company's fastest-growing operating engine.

AI cloud revenue accelerates

According to Oracle on September 10, 2026, fiscal Q1 FY27 total revenue rose 30 percent year over year to USD 19.3 billion. Cloud revenue increased 62 percent to USD 11.6 billion, while cloud infrastructure revenue jumped 121 percent to USD 7.4 billion.

The same release reported GAAP earnings per share of USD 1.56, up 55 percent year over year, and non-GAAP earnings per share of USD 1.92, up 30 percent. Oracle also raised its fiscal 2027 outlook to at least USD 90 billion in revenue and USD 8.10 in non-GAAP earnings per share.

Citizens JMP keeps USD 285 target

MarketBeat reported on October 2, 2026, that Citizens JMP reaffirmed its Market Outperform rating and USD 285 price target for Oracle. The target stands USD 142.70 above the October 2 closing price, making the analyst view materially more optimistic than the market's latest valuation.

Oracle's guidance offers a demanding test for that optimism. The company expects fiscal Q2 revenue growth of 30 percent to 34 percent and cloud revenue growth of 65 percent to 71 percent, while its infrastructure buildout requires substantial capital spending and financing.

Stock remains below yearly high

Oracle's October 2 closing price of USD 142.30 was above the session low of USD 140.26 and below the session high of USD 144.86. The stock's 52-week range was USD 114.50 to USD 322.54, and its market capitalization stood at USD 431.4 billion, with 40,320,440 shares traded on the NYSE.

MarketBeat also highlighted the counter-factor behind Oracle's valuation debate: heavy AI infrastructure spending, rising debt and negative free cash flow can pressure returns even as cloud demand expands. Oracle's own September 10 release showed operating cash flow of USD 23 billion and negative free cash flow of USD 5 billion in fiscal Q1 FY27.

Oracle stock closes at USD 142.30

Oracle stock closed at USD 142.30 on the NYSE on October 2, 2026, at 4:00 p.m. EDT, up 3.06 percent on the session. The next market test is whether the 65 percent to 71 percent cloud revenue growth outlook can translate into stronger cash generation as capacity expands.