$Oracle(ORCL.US) just jumped 12% after telling Wall Street its AI cash burn ends in 2028$Oracle(ORCL.US) burned $23.7B o…

$Oracle(ORCL.US) just jumped 12% after telling Wall Street its AI cash burn ends in 2028

$Oracle(ORCL.US) burned $23.7B of free cash flow last fiscal year, and analysts expect about $35B more this year

Now it's targeting positive free cash flow in the second half of fiscal 2028 and $30B+ in fiscal 2029

The Investor Day targets

Revenue of $225B+ in fiscal 2030, up from $67.4B in fiscal 2026, more than 35% growth a year

Non-GAAP operating margin above 40% and EPS of $21+

Capex peaks in fiscal 2027 and 2028, then steps down

New capital raises capped at $20B through fiscal 2030, split $10B equity and $10B debt

The stock is on pace for its best day since April, but it's still down about 25% in 2026 after AI debt fears crushed it

$Oracle(ORCL.US) became the market's AI debt barometer, so this cash flow path matters for the whole AI infrastructure trade. The catch is that it all rides on 10+ gigawatts of capacity coming online on time and customers like OpenAI actually paying up

Source: StockMarket.News