Oracle ORCL Surges 10% Premarket After Q3 2026 Earnings Beat and Cloud Revenue Jump

On March 11, 2026, Oracle shares climbed nearly 10% in premarket trading after the firm beat fiscal Q3 earnings forecasts and lifted its fiscal 2027 revenue target to $90 billion. The company posted strong year-over-year growth in total revenue and reported a sharp acceleration in cloud infrastructure sales, while also updating guidance for its upcoming quarter.