Oracle Stock Jumps 11% on Rosy Long-Term Targets

Investopedia Markets News (all except PF) · Oct 28, 2026

Even with Wednesday’s gains, Oracle shares have lost 25% of their value this year.

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Key Takeaways

Oracle shares rose 11% after the company projected a return to positive free cash flow.

The company expects at least $30 billion in free cash flow by fiscal 2029.

Oracle reaffirmed it plans to reach revenue of at least $225 billion in fiscal 2030.

Oracle shares got a big boost after the tech giant gave an update on its long-term forecasts.

Shares of Oracle (ORCL) jumped 11% Wednesday, after the company said at an investor day event that it plans to…