Oracle’s Cloud Surge: Pre‑Market Jump, Growth Drivers & What’s Next

Oracle (NYSE: ORCL) stock climbed 7% in pre‑market trading after CEO Safra Catz highlighted a strong start to FY 2026, led by 100%+ MultiCloud database growth and a landmark $30 billion cloud agreement for FY 2028. Here's what investors need to unpack—and how to pull live data yourself.

What's Behind the 7% Pre‑Market Gain?

• MultiCloud Momentum:
  Oracle's core database business is now fully embedded in its cloud platform, and management reports continued 100%+ year‑over‑year growth—a key turnaround from legacy licensing.

• Big‑Ticket Deals:
  The announced $30 billion contract underpins expectations that enterprise adoption of hybrid strategies is accelerating.

• Analyst Upgrade:
  Stifel's move to “buy” adds fresh conviction, suggesting that consensus estimates may still be conservative.

Fundamentals Check: Growth & Profitability

Rather than relying on stale headlines, you can fetch Oracle's actual quarterly numbers—including cloud vs. on‑premises revenue splits—via the Full Financials API. For example:

This API returns structured line‑items so you can:

• Compare cloud subscription growth vs. support revenue

• Track operating margin trends as cloud scales

Valuation Deep‑Dive: Forward Multiples

Oracle's forward P/E now sits near 21×, modestly above its 5‑year average of 18×. To monitor shifts in real time: Spot deviations from sector medians.

Use the Ratios TTM API to automate alerts when Oracle's multiples diverge by more than 10% from tech‑cloud peers.

Risks & Catalysts Ahead

• Margin Pressure: Heavy investment in data centers could compress near‑term operating margins.

• Competitive Intensity: AWS, Azure and Google Cloud continue to grab market share; watch for pricing wars.

• Earnings Preview: FY 2026 Q1 report on July 15 may reset expectations—set your own alert via the Earnings Calendar API.

Conclusion

Oracle's pre‑market surge reflects genuine cloud‑driven transformation, but sustained gains will hinge on margin expansion and competitive positioning—data you can track directly with FMP's APIs. Use Financial Modeling Prep's APIs to power your real‑time Oracle analysis.