Key Points:
- Oracle targets $0.5T cloud revenue, stock jumps 28% in the US.
- OFSS India shares surge 8%, crossing ₹9,000.
- AI-cloud integration boosts growth, strengthening Oracle vs AWS & Azure.
Shares of Oracle Financial Services Software (OFSS) surged more than 7 percent in early trade on September 10 after parent Oracle Corp issued a bullish outlook for its cloud business, lifting its shares to their strongest post-market performance in over two decades.
Oracle Corp, listed on the New York Stock Exchange, said it expects booked revenue for its Cloud Infrastructure division to surpass half a trillion dollars in the coming years, driven by accelerating demand for affordable and scalable cloud solutions. The company’s stock jumped 28 percent in post-market trading on September 9, its biggest single-session gain since 1999.
Cloud Outlook Drives Market Momentum
Oracle’s Chief Executive Officer Safra Catz highlighted that the company anticipates signing multiple multi-billion-dollar customers in the near term. “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,” she said during the earnings call.
For the September quarter, Oracle forecast total revenue growth of 12–14 percent and projected cloud revenue expansion between 32–36 percent. Analysts believe the surge in demand for artificial intelligence (AI)-driven business tools positions Oracle to capture a larger share of the enterprise technology market.
Catz added that Oracle Cloud provides seamless integration for customers to connect their databases with advanced AI models, including ChatGPT, Gemini, and Grok, which are hosted exclusively on the company’s cloud infrastructure.
If the rally holds during regular trading on September 10, Oracle is set to overtake companies such as JPMorgan Chase, Walmart, Eli Lilly, and Visa in market capitalization, according to market data.
Boost for OFSS Shares in India
The positive outlook had a ripple effect in India, where Oracle Financial Services Software’s stock climbed 7.91 percent to ₹9,078.50 in morning trade. The surge came on strong volumes, with the stock touching a day’s high of ₹9,137.
At its annual general meeting earlier this month, Oracle Financial Services Software (OFSS) reported a 13 percent increase in license and cloud revenue for the last fiscal year. Managing Director and Chief Executive Officer Makarand Padalkar emphasized the role of cloud solutions in helping organizations optimize operations while reducing transformation risks.
“The cloud-based solutions help organizations focus on smaller initiatives that deliver tangible and incremental value. They can incrementally optimize operations, boost efficiency, and significantly reduce transformation risk,” Padalkar said.
Strategic Positioning Amid AI Demand
Industry analysts suggest Oracle’s aggressive cloud push, combined with its AI partnerships, could strengthen its competitive positioning against rivals like Amazon Web Services and Microsoft Azure. The company’s ability to integrate AI reasoning models into its cloud services is expected to attract enterprises seeking cost-effective and innovative technology solutions.
With global demand for AI and cloud solutions showing no signs of slowing, Oracle’s growth trajectory may continue to provide momentum for its Indian subsidiary, Oracle Financial Services Software (OFSS). The strong dual performance underscores how investor sentiment in the parent company’s strategy can directly benefit its listed units overseas.
