Oracle projects $30 billion in free cash flow for fiscal year 2029, sending its stock price soaring over 9%. According to an official press release from Oracle, the company announced its long-term financial goals at its investor day in Las Vegas: positive free cash flow is projected for the second half of fiscal year 2028, with at least $30 billion in free cash flow by fiscal year 2029, and self-financing growth starting in fiscal year 2029; total revenue targets for fiscal year 2030 are over $225 billion, representing a compound annual growth rate of over 35% compared to fiscal year 2026, a non-GAAP operating margin of over 40%, and non-GAAP earnings per share of over $21. Oracle also stated that additional financing by fiscal year 2030 will be limited to $20 billion ($10 billion in equity and $10 billion in debt, excluding refinancing of existing debt).