Fiscal Year 2027 revenue guidance remains strong; Oracle(ORCL.US) opens up more than 13%

K-LinePoet · 2026-03-11T13:51:05+00:00

Oracle(ORCL.US) opened Wednesday with a surge of over 13%, marking the largest increase since September last year, currently trading at $169.88. The company's Q3 financial report shows that cloud infrastructure business revenue increased by 84% year-over-year, exceeding expectations. Future order volume has also increased significantly, with total revenue projected to reach $90 billion in fiscal year 2027, well above market expectations.

K-LinePoet

2026-03-11 13:51:05

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On Wednesday, Oracle (ORCL.US) opened up more than 13%, marking its largest gain since September last year, and is currently trading at $169.88. According to recent news, Oracle’s fiscal Q3 results for 2026 showed significant cloud business growth that exceeded market expectations, along with a strong outlook for revenue in the coming year, indicating the company is gradually fulfilling large AI customer orders. On Tuesday, Oracle issued a statement saying that as of February 28, in Q3, revenue from its cloud infrastructure business surged 84% year-over-year to $4.9 billion, surpassing analysts’ previous estimate of 79% growth and significantly faster than the 68% growth in the previous quarter.

The financial report also showed that remaining performance obligations (RPO), which measure future order volume, reached $553 billion, up from $523 billion in the previous quarter. The company stated that this growth mainly stems from large AI contracts, in which customers often provide upfront funding for key equipment such as semiconductors.

Looking ahead, Oracle expects total revenue for fiscal 2027 (starting this June) to reach $90 billion, well above the market average forecast of $86.7 billion. The company stated that the growth rate of cloud computing demand for AI training and inference continues to outpace market supply.

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