Oracle Projects $30 Billion Free Cash Flow by Fiscal 2029
· Business · Bloomberg, Reuters, Fortune
Oracle Corp. forecast free cash flow of about $30 billion in fiscal 2029, exceeding analyst estimates and calming investors who had questioned the return on the company's heavy artificial intelligence spending. The projection was disclosed in a long-term outlook provided by the database and cloud software maker. The estimate signals confidence that Oracle's capital-intensive AI infrastructure investments will generate substantial cash returns within the next five years. Investors had been watching for clarity on when the spending would translate into free cash flow growth. The company did not detail the specific assumptions underpinning the $30 billion figure.
Why it matters
The forecast reassures shareholders that Oracle's AI-driven capital expenditure will yield strong cash generation, potentially supporting share buybacks, dividends, or further investment.
Read the original report — Bloomberg
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