Oracle targets $225B in fiscal 2030 revenue and caps new capital raises at $20B
Oracle set a fiscal 2030 target of more than $225B in revenue and said it would cap additional capital raises through then at $20B.
At its investor day, Oracle set a target of more than $225B in total revenue for fiscal 2030, along with a non-GAAP operating margin of 40% or more and non-GAAP EPS of at least $21. It reaffirmed its fiscal 2027 outlook of at least $90B in revenue. (Oracle)
Oracle said it would limit additional capital raises through fiscal 2030 to $20B, expected to be split evenly between equity and debt and excluding refinancing. It expects free cash flow to turn positive in the second half of fiscal 2028 and to reach $30B or more in fiscal 2029. Shares rose about 11% on the day. (Oracle; CNBC)