Oracle Shares Rise As it Reaffirms FY27 Outlook, Sets FY30 Revenue Target
MT newswire2026/10/28 19:04Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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03:04 PM EDT, 10/28/2026 (MT Newswires) -- Oracle (ORCL) shares rose more than 11% after it reaffirmed its fiscal 2027 outlook and set long-term targets at its Investor Day on Wednesday, including FY30 revenue of $225 billion or more. Oracle reaffirmed FY27 total revenue of at least $90 billion and non-GAAP EPS of $8.10. For FY30, the company targets total revenue of $225 billion or more, a compound annual growth rate above 35% from FY26, along with a non-GAAP operating margin of 40% or higher and non-GAAP EPS of $21 or more. Price: 148.29, Change: +17.76, Percent Change: +13.61
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