Oracle stock jumps 7% on earnings beat and increased guidance as cloud revenue climbs 44%

In this article ORCL Follow your favorite stocks CREATE FREE ACCOUNT Clay Magouyrk, co-chief executive officer of Oracle Corp., during a media tour of the Stargate AI data center in Abilene, Texas, US, on Tuesday, Sept. 23, 2025. Kyle Grillot | Bloomberg | Getty Images Oracle shares rose 8% in extended trading on Tuesday after the software vendor reported quarterly results that surpassed Wall Street projections and boosted its revenue guidance for fiscal 2027. Management said is now forecasting $90 billion in fiscal 2027 revenue. Analysts polled by LSEG had anticipated $86.60 billion. Oracle sees $1.92 and $1.96 in adjusted earnings per share for the fiscal fourth quarter, with revenue growth between 19% and 20%. LSEG's consensus included $1.70 per share and 20% revenue growth. Here's how the company did in the quarter relative to LSEG consensus: Earnings per share: $1.79 adjusted vs. $1.70 expected Revenue: $17.19 billion vs. $16.91 billion expected Oracle's overall revenue increased 22% year over year in the fiscal third quarter, which ended on Feb. 28, according to a statement . Net income rose to $3.72 billion, or $1.27 a share, from $2.94 billion, or $1.02 a share, in the same quarter a year earlier. Adjusted earnings per share excludes stock-based compensation expense. The company reported $8.9 billion in total cloud revenue, including infrastructure and software as a service, or SaaS. The number was up 44% and more than the $8.85 billion consensus among analysts surveyed by StreetAccount. Oracle said it generated $4.9 billion in cloud infrastructure revenue, up 84%, a faster pace than the 68% growth in the prior quarter. The company touted cloud business from Air France-KLM, Argonne National Laboratory, Lockheed Martin and SoftBank Corp. Shares of Oracle have plummeted over 50% from their September highs, falling along with other software vendors on broader artificial intelligence concerns as well as Wall Street's specific fears about the company's hefty debt...