Oracle shares rose 1.02% to $155.54 in pre-market trading, rebounding alongside broader market gains as investors look ahead to the company's upcoming earnings report. Analysts anticipate nearly 20% revenue growth in the Q3 FY2026 release, which is expected to serve as a significant catalyst for the stock.
- The recovery follows a 3.85% decline in the previous session, with the stock currently supported by a massive $520 billion backlog and data center expansion.
- While shares have fallen over 50% from their September 2025 peak due to AI spending and debt concerns, forecasts indicate accelerating earnings in the near term.