Oracle caps future capital raises at $20 billion through fiscal 2030
Oracle pledged to limit additional financing to $20 billion through fiscal year 2030 and forecast that its artificial intelligence growth will become self-funded by fiscal 2029, sending its shares up more than 11%.
Oracle announced plans to limit additional capital raises to $20 billion through fiscal year 2030 as it funds an extensive cloud and artificial intelligence infrastructure buildout. The financing plan caps future raises at $10 billion in equity and $10 billion in debt, excluding any debt refinancing. Company disclosures noted that this ceiling is separate from a $20 billion equity raise completed in the first quarter of fiscal 2027.[7][8][10][3]
Alongside the capital ceiling, Oracle set long-term financial targets that project annual revenue will exceed $90 billion in fiscal 2027 and reach more than $225 billion by fiscal 2030, representing a compound annual growth rate of over 35%. Oracle aims for non-GAAP operating margins above 40% and non-GAAP earnings per share of at least $21 by fiscal 2030.[6][7][12][1]
Capital spending is scheduled to peak between fiscal 2027 and fiscal 2028 before growth becomes entirely self-funded in fiscal 2029, according to company presentation slides. Oracle expects free cash flow to turn positive in the second half of fiscal 2028 and top $30 billion in fiscal 2029, with net debt to adjusted EBITDA falling below 3.5x that year.[2][3][7][9]
Shares of Oracle jumped more than 11% following the disclosures, reported Reuters reporter Deborah Sophia. Bloomberg reported that the long-term cash flow outlook beat analyst expectations, soothing market anxiety surrounding the company's aggressive spending on AI data centers.[3][4][5][11]
Key facts
- Oracle plans to limit additional capital raises through fiscal 2030 to $20 billion, split evenly between $10 billion in equity and $10 billion in debt.
- The $20 billion capital ceiling excludes debt refinancing and is separate from a $20 billion equity raise completed in Q1 FY2027.
- Oracle targets revenue of more than $90 billion in FY2027 and over $225 billion in FY2030, reflecting a 35%+ compound annual growth rate.
- Oracle expects capital expenditures to peak across FY2027 and FY2028 before its growth transitions to being self-funded in FY2029.
- Free cash flow is expected to turn positive in the second half of FY2028 and exceed $30 billion in FY2029.
- Oracle targets FY2030 non-GAAP operating margins of 40%+ and non-GAAP EPS of $21+.
- Oracle shares rose over 11% following the long-term guidance announcements.
Sources · 11 sources
- SB
Shay Boloor@StockSavvyShayPost on X ·
$ORCL just laid out a path to $225B in revenue by FY2030 which would triple its business in 4 years. Even more interesting is that Oracle expects its growth to be self-funded by FY2029 which could ease concerns about how much debt it needs to finance its massive AI buildout. https://t.co/h5uukSfg9r
Open source - WS
Wall St Engine@wallstenginePost on X ·
BY FY29, ORACLE $ORCL SAYS ITS GROWTH WILL BE SELF-FUNDED.
Open source - TE
TechmemeArticle ·
Oracle pledges to limit new financing to $20B through FY 2030, expects free cash flow to turn positive in H2 FY 2028 and top $30B in FY 2029; ORCL jumps 11%+ (Deborah Sophia/Reuters) Deborah Sophia / Reuters : Oracle pledges to limit new financing to $20B through FY 2030, expects free cash flow to turn positive in H2 FY 2028 and top $30B in FY 2029; ORCL jumps 11%+ — Oracle said it expects capital spending to peak this fiscal year and next as it builds more cloud capacity, but pledged to raise …
Open source - TE
Techmeme@TechmemePost on X ·
Oracle pledges to limit new financing to $20B through FY 2030, expects free cash flow to turn positive in H2 FY 2028 and top $30B in FY 2029; ORCL jumps 11%+ (@deborah_sophia / Reuters) (Visit Techmeme dot com for the link and full context!)
Open source - CB
Coin Bureau@coinbureauPost on X ·
🚨BULLISH: Oracle surges 11% after promising Wall Street $30 BILLION of free cash flow by 2029. Oracle, which S&P cut to one notch above junk in July, has been burning cash on AI data centers. It now says it needs only $20 BILLION more, split evenly between stock and debt, to finish the buildout. The stock was down 33% this year before today.
Open source - CB
Crypto BriefingArticle ·
Oracle sets FY30 outlook of $225 billion revenue and $21 EPS Oracle's ambitious FY30 targets highlight potential growth but face skepticism over execution risks, capital needs, and customer diversification. The post Oracle sets FY30 outlook of $225 billion revenue and $21 EPS appeared first on Crypto Briefing .
Open source - WS
Wall St Engine@wallstenginePost on X ·
Oracle $ORCL targets $225B+ in annual revenue by FY2030. Key financial targets: • FY27 revenue: $90B+ • FY30 revenue: $225B+ • Revenue growth: 35%+ CAGR through FY30 • FY30 non-GAAP operating margin: 40%+ • FY30 non-GAAP EPS: $21+ • Positive free cash flow: 2H FY28 • FY29 free cash flow: $30B+ • CapEx to peak in FY27-FY28 • Growth to become self-funded in FY29 • FY29 net debt/EBITDA: Below 3.5x Oracle also plans to limit additional capital raises through FY30 to $20B: • $10B in equity • $10B in debt This excludes debt refinancing and is separate from the $20B equity raise already completed in Q1 FY27.
Open source - JW
Joe Weisenthal@TheStalwartPost on X ·
*ORACLE TO LIMIT ADDITIONAL CAPITAL RAISES TO $20B FOR FY27-FY30
Open source - EV
Evan@StockMKTNewzPost on X ·
ORACLE TARGETS $225 BILLION IN REVENUE BY 2030 ORACLE $ORCL SAYS BY FY 2029 ITS GROWTH WILL BE SELF-FUNDED https://t.co/Diaj1nwYCX
Open source - SI
Solid Intel 📡@solidintel_xPost on X ·
INTEL: Oracle $ORCL limits additional capital raises to $20 billion through FY30 | Per Oracle
Open source - BL
Bloomberg@businessPost on X ·
Oracle gave a long-term outlook for free cash flow that was better than analysts’ estimates, easing investor nerves about the potential payoff from its artificial intelligence spending https://t.co/aZU7YvI80C
Open source - *B
*Walter Bloomberg@DeItaonePost on X ·
$ORCL - ORACLE TARGETS $225 BILLION IN REVENUE BY 2030 Oracle forecasts at least $225 billion in revenue by fiscal 2030, implying over 35% annualized growth. The company targets 40% operating margins, $21 EPS, and $30 billion in free cash flow by fiscal 2029. Oracle expects AI infrastructure spending to peak in 2027–2028 before transitioning to self-funded growth.
Open source