Oracle Sets FY30 Target of $225B+ Revenue, Caps New Capital Raises at $20B
ORCL sits 19% above its 52-week low of $114.5.
Summary
At its 2026 Investor Day Oracle guided to $225B+ revenue by FY30 at 40%+ margins and $21+ EPS, and committed to raising only $20B more in capital through FY30 while turning free cash flow positive in H2 FY28.
Key Events · Earnings and Guidance · ORCL
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FY30 Revenue Target of $225B+
Oracle set a FY30 outlook of $225B+ in total revenue, more than 35% CAGR from FY26, with 40%+ non-GAAP operating margin and $21+ non-GAAP EPS.
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Free Cash Flow Positive in H2 FY28
Capex peaks in FY27-FY28 and steps down in FY29, supporting at least $30B of free cash flow in FY29.
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New Capital Raises Capped at $20B
Additional funding for the FY27-FY30 investment cycle is limited to $20B, split $10B equity and $10B gross debt, excluding refinancing and on top of the $20B ATM completed in Q1 FY27.
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FY27 Guidance Reaffirmed
Total revenue of at least $90B and non-GAAP EPS of $8.10 for fiscal 2027 were reaffirmed.
Analysis · ORCL · Technology
Oracle used its Investor Day to lay out a much longer runway than the market had: more than 35% annual revenue growth through FY30 to $225B+, 40%+ operating margins and $21+ EPS. Just as important is the funding promise — after burning through a $20B ATM in Q1 FY27 and carrying roughly $129.5B of debt with negative free cash flow, management now says it will raise only $20B more through FY30 ($10B equity, $10B debt) and turn free cash flow positive in the second half of FY28. That caps the dilution and leverage overhang that has weighed on the stock, while reaffirming FY27 revenue of at least $90B and EPS of $8.10 removes near-term estimate risk.
How filings like this one have moved
In the 30 days to Oct 28, 2026, 38.5% of the 1020 measured filings Wiseek scored 8 moved their stock by 5% or more by the next session's close. The median move was -0.49%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, ORCL was trading at $136.63 on NYSE in the Technology sector, with a market capitalization of approximately $413.1B. The 52-week trading range was $114.50 to $285.46. This filing was assessed with positive market sentiment and an importance score of 8 out of 10.