Austin, Texas, April 15, 2026, 10:08 CDT
Oracle shares climbed 5.3% to $171.68 during Wednesday morning trade, stretching the stock’s rally further after the software giant introduced fresh AI tools at its Customer Edge Summit and expanded its fuel-cell collaboration with Bloom Energy. That’s after a jump of around 12.7% on Monday and another 4.7% gain Tuesday.
Oracle has turned into something of a bellwether for pricey AI infrastructure bets and their ability to fuel sustained cloud expansion. Earlier this year, the stock took a hit as investors fretted over the massive tab for new data centers and the threat of AI tools shaking up the software landscape. Then came last month’s update: remaining performance obligations, Oracle’s pipeline of future contracted revenue, soared 325% to $553 billion. The company also bumped its fiscal 2027 revenue goal up to $90 billion. eMarketer’s Jacob Bourne called the quarter a “stress test result for the AI trade.” Reuters
Oracle took the wraps off new AI-powered tools for Aconex at the Austin summit, adding to its construction and engineering lineup, and also called out updated utility capabilities in Opower. According to the company, Opower’s footprint has expanded to almost 45 million households across North America, with $369 million in residential bill savings tallied for 2025.
The power angle delivered the real surprise. Back on April 13, Bloom revealed that Oracle plans to buy as much as 2.8 gigawatts of its fuel-cell systems. Out of that, 1.2 GW is already under contract, with installations stretching into next year. Unlike combustion, fuel cells rely on chemical processes to produce electricity—a pitch both firms see as a quicker route to getting power directly to AI data centers.
Mahesh Thiagarajan, executive vice president at Oracle Cloud Infrastructure, said Bloom’s systems were “quickly meeting the demands” of U.S. Oracle customers. Bloom pointed to a wider agreement coming on the heels of a smooth first rollout, highlighting that one prior Oracle deployment wrapped up in just 55 days—well ahead of the planned 90. Bloom Energy Investors
Things have firmed up more than expected. Oracle posted a 22% jump in fiscal Q3 revenue, reaching $17.2 billion. Cloud revenue surged 44% to $8.9 billion. Infrastructure? Up 84%, hitting $4.9 billion. The company’s AI cloud push is going head-to-head with heavyweights Amazon Web Services and Microsoft Azure.
Still, risks remain on the table. Back in February, Oracle announced plans to raise as much as $50 billion in debt and equity in 2026. Analysts have flagged concerns around financing, margin squeeze, and possible hiccups in datacenter construction—all factors that could rattle the stock. The company’s own filings highlight challenges tied to chip supply and datacenter management. And as Hargreaves Lansdown’s Matt Britzman put it, debates around funding are “not going away anytime soon.” Oracle
Despite the rebound this week, Oracle shares are still underwater for 2026 and continue to trade far below their peak from last September, recent market summaries show. Investors are left eyeing the same issue: can Oracle turn those fresh AI deals and added power capacity into revenue fast enough to make the company’s heavy spending pay off?
