Oracle stock climbs on a 5.36% move and $638 billion backlog

Oracle Corp (US68389X1054) stock moved higher on August 13, 2026, with one market snapshot showing a 5.36% gain to $153.28 and another putting the company's market value at $441.51 billion. The latest trading data also shows a 52-week range of $114.50 to $345.72 and volume of 41,088,780 shares.

AWS expansion and job cuts

TradingKey linked the move to Oracle's broader multi-cloud push, saying the company expanded its collaboration with Amazon Web Services and widened access to Oracle AI Database across 22 AWS regions. Another report said Oracle is also preparing a new round of layoffs in August as it manages expenses tied to heavy AI infrastructure spending.

The combination matters because Oracle is still leaning on growth while protecting margins. On the fundamental side, one current estimate puts Q1 fiscal 2027 EPS guidance at $1.72 to $1.76, while full-year fiscal 2027 EPS guidance stands at $8.05.

Backlog and guidance

Oracle's cloud story remains anchored by a backlog that reached $638 billion in recent reporting, with 12% expected to convert into revenue over the next 12 months. Fiscal 2026 revenue was reported at $67.4 billion, up 17.4% from the prior year, and cloud infrastructure revenue rose 77% to $18.1 billion.

That gap between growth and spending is why the market is watching operating discipline as closely as new deals. The same recent coverage also said roughly $75 billion of backlog is covered by prepaid agreements or customer-provided infrastructure, which reduces some of the funding strain.

Oracle Cloud Infrastructure

Oracle Cloud Infrastructure remains the key product story because it sits at the center of the company's AI and database strategy. Its current pitch is enterprise workload migration with pay-per-use economics and tighter links to multi-cloud customers.

Stock and valuation

Oracle stock last traded at $153.28 on August 12, 2026, after closing up 5.36% for the session. The shares also sit below their 52-week high of $345.72 and above the 50-day moving average reported at $152.76.

Fact box

Company: Oracle Corp
ISIN: US68389X1054
Ticker: ORCL
Exchange: NYSE
Price (as of August 12, 2026, 4:00 p.m. ET): $153.28 USD
Market cap: $441.51 billion (as of August 13, 2026)
Sector / Industry: Information Technology / Software - Infrastructure
Index membership: S&P 500
Next earnings date: September 8, 2026