Oracle stock pops 10% on forecast for 35% average revenue 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.