Oracle stock pops 10% on forecast for 35% average revenue growth through 2030
Oracle forecast $225 billion in revenue for fiscal 2030, implying about 35% average annual growth. The company said it will limit additional funding for fiscal 2027 through 2030 to $20 billion, split equally between equity and debt. Shares rose about 10%.
- Fiscal 2030 revenue forecast set at $225 billion
- About 35% average annual growth versus 8% expected for fiscal 2027
- Additional funding for fiscal 2027–2030 capped at $20 billion
- The amount is split equally between equity and debt
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