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Oracle stock pops 10% on forecast for 35% average revenue growth through 2030

CNBC Wednesday 28 October 2026, 18:52 UTC 1 min read
Key Points

Oracle shares jumped on Wednesday after the software company issued a revenue forecast of $225 billion for fiscal 2030, implying 35% average annual growth, and said it will limit additional fundraising over that stretch to $20 billion. Analysts polled by LSEG expected growth of 8% in fiscal 2027, followed by significant acceleration over the next two years. They're projecting revenue in fiscal 2030 of $224.2 billion.

Oracle shares jumped on Wednesday after the software company issued a revenue forecast of $225 billion for fiscal 2030, implying 35% average annual growth, and said it will limit additional fundraising over that stretch to $20 billion. Analysts polled by LSEG expected growth of 8% in fiscal 2027, followed by significant acceleration over the next two years. They're projecting revenue in fiscal 2030 of $224.2 billion. Oracle said, as part of its commitment to limit additional funding for fiscal 2027 through 2030, that the amount will be divided equally between equity and debt. "Vendor financing, customer-provided hardware and customer prepayments are expected to reduce upfront cash requirements through the transition to positive free cash flow," Oracle said in a filing with the Securities and Exchange Commission. This is breaking news. Please refresh for updates.
Oracle (ORG) the Securities and Exchange Commission (ORG)
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