PANews, October 29 — According to an official Oracle press release, Oracle announced its long-term financial targets at its Investor Day in Las Vegas: it expects to achieve positive free cash flow in the second half of fiscal 2028, generate at least $30 billion in free cash flow in fiscal 2029, and achieve self-funded growth starting in fiscal 2029. Its target for total revenue in fiscal 2030 is more than $225 billion, representing a compound annual growth rate of over 35% compared with fiscal 2026, with a non-GAAP operating margin of over 40% and non-GAAP earnings per share of more than $21. Oracle also said that additional financing through fiscal 2030 will be limited to $20 billion, split equally between equity and debt, excluding the refinancing of existing debt. Bloomberg reported that investors had generally expected Oracle’s free cash flow to remain negative in fiscal 2029. Following the announcement, Oracle shares rose as much as 9.60%.