Oracle forecasts $225 billion revenue by fiscal 2030, stock rises 10%
Oracle stock jumped Oracle stock pops 10% on forecast for 35% average revenue growth through 2030.
after the company issued a fiscal 2030 revenue forecast of Oracle issued a revenue forecast for fiscal year 2030 of $225 billion, and said it will limit additional fundraising over that stretch to $20 billion.
, implying Oracle stock pops 10% on forecast for 35% average revenue growth through 2030.
average annual growth. The company said it will limit additional capital raises to Oracle issued a revenue forecast for fiscal year 2030 of $225 billion, and said it will limit additional fundraising over that stretch to $20 billion.
over the period, signaling confidence in its growth trajectory without heavy external funding.
Sources: CNBC
This article is for information only and is not financial advice.
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