Oracle stock keeps FY30 growth target in focus

Oracle set out a more ambitious long-term growth plan at its Investor Day in Las Vegas on October 28, while also addressing concerns about the cash demands of its artificial-intelligence infrastructure build-out. In its Investor Day announcement, Oracle said it expects revenue to exceed 225 billion US dollars in fiscal 2030, implying annual growth of more than 35 percent from fiscal 2026.

Cash flow remains the key milestone

The company expects non-GAAP operating margin of at least 40 percent and non-GAAP earnings per share of at least 21 US dollars in fiscal 2030. Capital expenditure is expected to peak in fiscal 2027 and fiscal 2028 before declining in fiscal 2029.

Oracle expects free cash flow to turn positive during the second half of fiscal 2028 and to reach at least 30 billion US dollars in fiscal 2029. Management also said growth should become self-funded from fiscal 2029, with net debt below 3.5 times adjusted EBITDA.

Additional capital-market funding through fiscal 2030 is capped at 20 billion US dollars, excluding refinancing of existing debt. Oracle plans to divide that funding broadly between equity and gross debt, while vendor financing, customer-provided hardware and customer prepayments are expected to reduce upfront cash requirements.

Oracle stock tracks the new outlook

Oracle stock traded at 117.59 euros on Lang & Schwarz at 6:05 p.m. Berlin time on Friday, October 30, 2026. Compared with the 128.05-euro quote in the October 29, 2026 report, the stock was 8.17 percent lower; this is a separate comparison since that report.

The real-time quote of Oracle stock provides the latest trading reference for investors.

US equities remain focused on the outlook for artificial-intelligence investment, financing needs and the path from capacity expansion to cash generation; current market reports are available in the S&P 500 market environment.

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