macro

Oracle targets $225 billion revenue by FY30 and caps new capital raises at $20 billion

At its Investor Day, Oracle updated medium-term guidance on revenue, margins, free cash flow and external funding through FY30.

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what happened

Oracle updated its medium-term outlook at an Investor Day held on October 28, 2026 in Las Vegas, according to TradingView, which cited the company's press release. The company expects total revenue of at least $225 billion in FY30, growth of more than 35% a year from FY26. Non-GAAP operating margin is projected at 40% or higher, and non-GAAP earnings per share at $21 or more.

Oracle plans to reach positive free cash flow in the second half of FY28 and to generate at least $30 billion in FY29. Capital markets funding through FY30 is capped at $20 billion, split into $10 billion of equity and $10 billion of gross debt. Refinancing of existing debt is excluded from that limit.

why it matters

Two points matter for the market. Limiting outside funding reduces the risk of shareholder dilution and balance-sheet strain, while lower capital spending in FY29 could improve free cash flow. The targets set expectations for the whole cloud and AI infrastructure segment, but they are not a forecast for the share price.

market impact

Oracle and the cloud and AI infrastructure sector: investors focus on revenue and cash flow targets

tags

instruments

Oracle (ORCL)US tech stocksAI cloud infrastructure

sources

  1. Oracle Investor Day 2026: Accelerating Value Creation — TradingView, 28 October 2026 at 18:21 UTC

prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.

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