Piper Sandler suggests Oracle's cloud revenue could exceed fiscal year 2027 estimates, driven by significant investments in AI data centers for major customers like OpenAI. The company maintains a substantial cloud backlog that provides multi-year revenue visibility. Furthermore, Oracle's Multicloud AI Database business grew 404% year-over-year in Q4 fiscal 2026, marking it as the company's fastest-growing segment ever.
Oracle's Multicloud AI Database business grew 404% year-over-year in Q4 2026, fueled by the integration of agentic AI and strategic multicloud expansions.
Read the full storyThe software giant is investing heavily in cloud infrastructure, leveraging a substantial backlog that provides multi-year revenue visibility.
Piper Sandler suggests Oracle's cloud division growth trajectory could outperform current revenue expectations by fiscal year 2027.