"After years of sluggish revenue growth, Oracle is in the midst of a boom thanks to a race for AI computing power that's sent sales in its cloud infrastructure unit soaring. The company's fiscal first-quarter earnings report on Tuesday afternoon is expected to show that overall sales expanded 13%, the fastest clip in more than two years, according to the average of analyst estimates compiled by Bloomberg."
"While the software maker's stock is off its record high from last month, it's still up more than 40% in 2025, placing Oracle among the 30 best performers in the S&P 500 and adding more than $200 billion in market value. The expansion is being fueled by its cloud infrastructure business, where Oracle projected sales growth would jump to more than 70% in the current fiscal year, sending the stock up 13% the day after its last earnings report in June."
Oracle's shares increased more than 40% in 2025, adding over $200 billion in market value despite slipping from a recent record high. The cloud infrastructure unit is driving the surge, with Oracle projecting sales growth above 70% in the current fiscal year and analysts forecasting a 56% year-over-year increase in cloud infrastructure sales. Consensus estimates expect overall sales growth of 13% in the fiscal first quarter, with acceleration to about 17% in the current fiscal year and 20% in fiscal 2027. Reports of rising demand for AI infrastructure at competitors support the outlook, but investors want confirmation that cloud growth can be sustained.
Read at www.mercurynews.com
Unable to calculate read time
Collection
[
|
...
]