Oracle Stock Explodes 40% After CEO Says Company Expects Over Half A Trillion Dollars In Booked Cloud Orders

Oracle Corp. (ORCL) shares skyrocketed by nearly 40% in Wednesday’s opening trade after CEO Safra Catz said she expects booked cloud orders to exceed half a trillion dollars.

Catz said on Tuesday that the company had signed four multi-billion-dollar contracts in the first quarter. The company reported a 359% increase in its RPOs to $455 billion. Remaining performance obligation, or RPO, is a key metric of future revenue potential.

Oracle’s shares were up 40% by Wednesday morning trade. Retail sentiment on Stocktwits around the company trended in the ‘extremely bullish’ territory.

The company expects cloud infrastructure revenue to reach $18 billion in the fiscal year 2026. It anticipates this to rise to $32 billion, $73 billion, $114 billion, and $144 billion over the subsequent fiscal years.

“Over the next few months, we expect to sign up several additional multi-billion-dollar customers and RPO is likely to exceed half-a-trillion dollars. Most of the revenue in this 5-year forecast is already booked in our reported RPO. Oracle is off to a brilliant start to FY26,” Catz said on Tuesday.

Oracle’s record bookings resulted in a slew of price target hikes and upgrades from analysts, according to TheFly. While analysts at Bank of America termed Oracle’s RPO growth “exceptional,” Citi analysts called the first quarter (Q1) a “historic” one for the company.

Oracle’s market capitalization rose by $264 billion to $941 billion at the time of writing, compared to where it was at the end of trading on Tuesday.

ORCL stock is up 102% year-to-date and 116% in the past 12 months.

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