Oracle stock (NYSE: ORCL) has become the latest Wall Street sensation after the company reported blowout earnings fueled by artificial intelligence (AI) and cloud computing demand. Following the Oracle earnings report on September 9, 2025, shares of ORCL surged by more than 20%, sending Oracle’s market capitalization sharply higher and catapulting co-founder Larry Ellison’s wealth by an unprecedented $70 billion in a single day.
As investors digest the news, Oracle is no longer viewed as a legacy software vendor but rather as a serious contender in the AI-powered cloud infrastructure race against Amazon Web Services, Microsoft Azure, and Google Cloud. The company’s growing backlog, surging cloud revenues, and aggressive partnerships with leading AI firms signal a long-term growth story that could reshape the technology landscape.
Oracle Stock Earnings Report: Key Highlights
Oracle’s Q1 FY 2026 earnings call delivered several surprises that caught analysts’ attention:
- Revenue: $14.9 billion (↑12% YoY)
- Non-GAAP EPS: $1.47 (↑6% YoY)
- Cloud Infrastructure (OCI) Growth: 77% YoY, on track for $18 billion revenue in FY 2026
- Remaining Performance Obligations (RPO): $455 billion (↑359% YoY)
- AI Partnerships: Expanded deals with OpenAI, Anthropic, and emerging enterprise AI startups
These figures illustrate a clear pivot: Oracle’s strength is no longer just databases – it’s now becoming an AI-driven cloud leader.
Why Oracle Stock Is Surging
1. Explosive AI Cloud Backlog
Oracle reported a record $455 billion in remaining performance obligations, up nearly 4x year-over-year. Much of this backlog is tied to long-term AI workloads, as hyperscalers, governments, and enterprises sign multi-year deals to run generative AI training on Oracle Cloud.
2. Competitive Pricing and Partnerships
Unlike AWS and Azure, Oracle has differentiated itself with aggressive pricing and high-performance AI infrastructure powered by Nvidia and AMD GPUs. Its partnerships with OpenAI and other AI leaders further validate Oracle’s role as a critical provider in the global AI boom.
3. Investor Confidence and Market Momentum
Wall Street analysts from JPMorgan, Goldman Sachs, and Wedbush have raised price targets for ORCL stock, citing its unique cloud strategy and fast-growing infrastructure pipeline. This has accelerated institutional demand for Oracle stock as a growth play in AI.
Oracle Stock Price and Market Outlook
At the close of September 10, 2025, ORCL stock traded above $175 per share, marking a new all-time high. The rally positioned Oracle as one of the top five most valuable tech companies globally.
Analyst consensus points to further upside:
- Goldman Sachs: Target raised to $200 per share, citing AI momentum
- Wedbush Securities: Outperform rating, forecasting $144 billion cloud revenue by 2029
- Morgan Stanley: Neutral, warning of execution risks but acknowledging strong fundamentals
For long-term investors, Oracle’s transformation offers a rare opportunity: a mature tech company reinventing itself into a cloud powerhouse.
Larry Ellison’s Net Worth Surges
Perhaps the most striking headline was Oracle’s impact on Larry Ellison’s fortune. The 81-year-old co-founder and Oracle’s largest shareholder saw his net worth soar $70 billion in a single day, reaching $364 billion.
This milestone makes Ellison the second-richest person in the world, surpassing LVMH’s Bernard Arnault and narrowing the gap with Elon Musk, whose wealth is currently estimated at $384 billion.
Ellison’s resurgence underscores a broader theme: the AI revolution isn’t just reshaping technology – it’s redistributing global wealth among tech visionaries.
Oracle Earnings Call: Analyst Takeaways
During the Oracle earnings call, CEO Safra Catz and Larry Ellison emphasized AI as the company’s next growth engine. Key soundbites included:
- “Oracle Cloud is now the fastest-growing hyperscale infrastructure provider in the world.”
- “We expect Oracle Cloud Infrastructure revenue to grow to $144 billion within four years.”
- “Our AI cloud demand pipeline is unlike anything we’ve ever seen in enterprise technology.”
These comments solidified market perception that Oracle is not just catching up – it may be leapfrogging rivals in specific AI workloads.
People Also Ask (FAQ)
1. What is Oracle stock price today?
As of September 10, 2025, Oracle stock (ORCL) is trading around $175, a new record high.
2. Why is Oracle stock going up?
Oracle stock is soaring due to surging AI-driven cloud demand, a $455 billion backlog, and raised revenue forecasts.
3. Is Oracle a good stock to buy?
Analysts say Oracle offers strong long-term potential thanks to AI cloud growth, though risks include competition from AWS, Microsoft Azure, and Google Cloud.
4. When is the next Oracle earnings report?
Oracle reports earnings quarterly, with the next earnings report scheduled for December 2025.
5. How much is Oracle worth?
Oracle’s market cap crossed $500 billion in September 2025, making it one of the top five tech companies worldwide.
Oracle’s AI Future
Oracle’s breakout earnings report confirms one thing: the company is no longer an aging software giant – it’s a fast-rising AI cloud powerhouse. With a $455 billion backlog, aggressive AI partnerships, and explosive cloud growth, Oracle stock now sits at the intersection of two megatrends – cloud computing and artificial intelligence.
As Larry Ellison himself highlighted, Oracle Cloud is positioned for historic growth. For investors, the question isn’t whether Oracle is relevant in the AI era – it’s whether you’re positioned to ride the wave alongside it.
