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Fiscal 2030

2 GoKawiil briefs on this topic

Oracle shares surge 13% after company projects $225B revenue by fiscal 2030

Oracle forecast $225 billion in revenue for fiscal 2030, implying 35% average annual growth, and said it will cap additional fundraising through that period at $20 billion, split evenly between debt and equity. The company told the SEC that vendor financing, customer-supplied hardware and prepayments should cut upfront cash needs as it moves toward positive free cash flow. Shares had fallen roughly a third this year on worries about Oracle's debt load amid its AI infrastructure spending spree.

Salesforce projects $63 billion revenue for fiscal 2030, above Wall Street forecasts

At its Dreamforce conference, Salesforce told investors it expects annual revenue to exceed $63 billion by fiscal 2030, surpassing analyst expectations of $59.2 billion tracked by LSEG. The forecast comes after a turbulent year in which fears that AI would erode demand for Salesforce's software hurt its stock, followed by a recent rebound driven by strong earnings and an Anthropic investment.