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Oracle has set its long-term revenue target for fiscal year 2030 at over US$225 billion
5 hour ago /
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Author：小编
On October 28 local time, Oracle reiterated at its Investor Day event that it expects revenue to reach at least US$90 billion in fiscal year 2027, capital expenditures to decline in fiscal year 2029, and a long-term revenue target exceeding US$225 billion for fiscal year 2030. The company also anticipates a positive turn in free cash flow in the second half of fiscal year 2028, with free cash flow exceeding US$30 billion in fiscal year 2029. In response to this news, Oracle's stock price experienced a short-term surge and is now up by 6.7%.
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