Oracle sets USD 225 billion fiscal 2030 goal. Oracle stock gains 9.18 percent.

Published on 10/29/2026 at 12:50 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Oracle targets USD 30 billion free cash flow in fiscal 2029. Oracle stock costs EUR 128.05 on October 29, 2026, 9.18 percent above its Xetra close.

Oracle outlines its funding path

At Investor Day on October 28, 2026, Oracle set a USD 225 billion fiscal 2030 revenue goal.
Oracle expects at least USD 30 billion of free cash flow in fiscal 2029.
Oracle stock trades at EUR 128.05 at 12:43 p.m. CET on October 29, 2026, 9.18 percent above the Xetra close of October 28, 2026.

Oracle Corp, US68389X1054, Illustration mit AI erstellt.

Oracle Corp (ISIN US68389X1054) set a USD 225 billion fiscal 2030 revenue goal at its Investor Day on October 28, 2026. The company also outlined a path to at least USD 30 billion of free cash flow in fiscal 2029, according to Oracle.

Oracle raises fiscal 2030 ambition

The new target implies more than 35 percent compound annual revenue growth from fiscal 2026 through fiscal 2030. Oracle also set a non-GAAP operating-margin goal of at least 40 percent and non-GAAP earnings per share of at least USD 21 for fiscal 2030, according to the same dated investor release.

Oracle reaffirmed its fiscal 2027 outlook for total revenue of at least USD 90 billion and non-GAAP earnings per share of USD 8.10. That creates a clear bridge between the near-term outlook and the longer-term ambition, while the company continues to expand its cloud infrastructure business.

What funds the expansion?

Oracle expects capital expenditures to peak in fiscal 2027 and fiscal 2028 before stepping down in fiscal 2029. The company said it will limit additional capital raised through fiscal 2030 to USD 20 billion, split between USD 10 billion of equity and USD 10 billion of gross debt, excluding refinancing.

The financing plan matters because Oracle completed a USD 20 billion at-the-market equity raise in the first quarter of fiscal 2027. Management said vendor financing, customer-provided hardware and customer prepayments should reduce upfront cash needs while the business moves toward positive free cash flow.

Cloud capacity supports the case

Oracle's infrastructure expansion is already producing rapid operating growth. In fiscal first quarter 2027, cloud infrastructure revenue reached USD 7.4 billion, up 121 percent from the prior year, while the company delivered 850 megawatts of additional data-center capacity, according to Oracle on October 27, 2026.

The strategy therefore combines a large revenue target with a demanding investment cycle. Oracle's stated milestones give investors specific measures for execution: revenue of at least USD 90 billion in fiscal 2027, positive free cash flow in the second half of fiscal 2028 and at least USD 30 billion of free cash flow in fiscal 2029.

Stock reaction and next milestones

Oracle stock was trading at EUR 128.05 at Lang & Schwarz on October 29, 2026 at 12:43 p.m. CET, up 9.18 percent versus the Xetra close of October 28, 2026 at EUR 117.28. The market reaction places the company's funding limits and cash-flow timetable alongside its cloud growth targets.

Oracle's next strategic test is execution against the fiscal 2027 and fiscal 2028 investment plan. The company said the Investor Day presentations and webcast replay would be available through its Investor Day website.

The further course of trading is shown by the continuously updated real-time quote of Oracle stock.