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

Oracle shares jumped on Wednesday after the software company issued a revenue forecast of $225 billion for fiscal 2030, implying 35% average annual growth.

Analysts polled by LSEG expected growth of 8% in fiscal 2027, followed by significant acceleration over the next two years.

The company also said it committed to limit additional funding for fiscal 2027 through 2030 to $20 billion, expecting that total to 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.

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