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A day after surging 13%, shares of Oracle added a further 7% in Friday afternoon trading.
Shares of Oracle (ORCL) set an all-time high for a second straight session Friday after the enterprise software giant reported fourth-quarter results that topped expectations and spoke of “dramatically higher” revenue growth for the current fiscal year.
After the bell Wednesday, Oracle reported Q4 adjusted earnings per share of $1.70 on revenue that increased 11% year-over-year to $15.90 billion, with both metrics topping consensus estimates of analysts surveyed by Visible Alpha. CEO Safra Catz said, “FY25 was a very good year—but we believe FY26 will be even better as our revenue growth rates will be dramatically higher.”
Oracle shares soared 13% to a record high yesterday, and led S&P 500 gainers for a second consecutive day Friday with an advance of nearly 8%. The stock closed at $215.22 after climbing as high as $216.59 earlier in the session.
The stock has gained about 29% year-to-date, including a 22% cumulative rise since Wednesday’s report.
This article has been updated since it was first published to reflect more recent share price values.
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