--- title: Oracle shares jump as it targets $30B in free cash flow... description: Oracle says its free cash flow will hit $30B in the year ending May 2029, when analysts had expected it to stay negative. Shares jumped as much as 14% on the... canonical: https://daily.dev/posts/oracle-shares-jump-as-it-targets-30b-in-free-cash-flow-by-2029-1qsbhcrw2 twitter:card: summary_large_image twitter:site: @dailydotdev og:type: website og:site_name: daily.dev og:title: Oracle shares jump as it targets $30B in free cash flow by 2029 | daily.dev og:description: Oracle says its free cash flow will hit $30B in the year ending May 2029, when analysts had expected it to stay negative. Shares jumped as much as 14% on the... og:url: https://daily.dev/posts/oracle-shares-jump-as-it-targets-30b-in-free-cash-flow-by-2029-1qsbhcrw2 og:image: https://api.daily.dev/og/posts/1QSbHcRW2.png og:image:alt: Oracle shares jump as it targets $30B in free cash flow by 2029 og:image:width: 1200 og:image:height: 630 og:locale: en --- > ## Documentation Index > Fetch the complete documentation index at: https://daily.dev/llms.txt > Use this file to discover all available pages before exploring further. # Oracle shares jump as it targets $30B in free cash flow by 2029 **[The Next Web](https://daily.dev/sources/tnw)** · 2 min read · 1 upvotes · 0 comments ## Summary Oracle says its free cash flow will hit $30B in the year ending May 2029, when analysts had expected it to stay negative. Shares jumped as much as 14% on the news. CFO Hilary Maxson said cash flow turns positive late fiscal 2028, after free cash flow fell to minus $23.7B in fiscal 2026 on $55.7B of data center spending. Oracle capped new fundraising at $20B through May 2030, split evenly between shares and debt, and kept its $225B fiscal 2030 revenue target. It also plans to add seven gigawatts of data center capacity, pushing its fleet past 10 gigawatts by fiscal 2028. ## Full article daily.dev links to this article rather than hosting it. Read it at the original source: ## Questions this post answers ### When does Oracle expect its free cash flow to turn positive after heavy AI data center spending? Oracle's chief financial officer Hilary Maxson said free cash flow would turn positive late in fiscal 2028, following two years of peak data center spending. Free cash flow fell to minus $23.7B in the year to May 2026 after Oracle spent $55.7B on data centers. The company projects free cash flow will reach $30B by fiscal 2029. _Anyone weighing AI infrastructure spend against cash flow risk can follow updates like Oracle's on daily.dev._ ### How much is Oracle capping new fundraising at through 2030? Oracle capped new fundraising at $20B through May 2030, split evenly between shares and debt. Vendor financing, customer-provided hardware, and customer prepayments are expected to cover part of the remaining gap and reduce upfront cash requirements during the transition to positive free cash flow. _Developers tracking how AI infrastructure providers fund their buildouts can keep up with stories like this on daily.dev._ ### How much data center capacity is Oracle planning to add for its AI cloud business? Oracle plans to add seven gigawatts of data center capacity over the next couple of years, pushing its total fleet past 10 gigawatts by the end of fiscal 2028. The buildout supports Oracle's shift from a database company into a seller of AI computing power, including infrastructure for OpenAI. _Those evaluating AI cloud capacity and vendor stability can track developments like this on daily.dev._ ## Similar posts on daily.dev - [Oracle spent $55.7B on data centres, plans to raise $40B more](https://daily.dev/posts/oracle-spent-55-7b-on-data-centres-plans-to-raise-40b-more-xvutkeyri) · The Next Web · 0 upvotes · 0 comments - [Oracle is spending more on building data centres than it earns in a quarter](https://daily.dev/posts/oracle-is-spending-more-on-building-data-centres-than-it-earns-in-a-quarter-3cb4gvdjf) · The Next Web · 2 upvotes · 0 comments - [Oracle may slash jobs to keep AI datacenter plans on track](https://daily.dev/posts/oracle-may-slash-jobs-to-keep-ai-datacenter-plans-on-track-amxo8pwey) · The Register · 1 upvotes · 0 comments - [Premium: The Hater’s Guide To Oracle \(Part 2\)](https://daily.dev/posts/premium-the-hater-s-guide-to-oracle-part-2--iow3awpce) · Where's Your Ed At · 7 upvotes · 2 comments --- Tags: [#cloud](https://daily.dev/tags/cloud), [#oracle](https://daily.dev/tags/oracle) [View this post on daily.dev](https://daily.dev/posts/oracle-shares-jump-as-it-targets-30b-in-free-cash-flow-by-2029-1qsbhcrw2) ```json {"@context":"https://schema.org","@graph":[{"@type":"Organization","@id":"https://daily.dev/#organization","name":"daily.dev","url":"https://daily.dev","logo":{"@type":"ImageObject","url":"https://daily.dev/apple-touch-icon.png","width":180,"height":180},"sameAs":["https://twitter.com/dailydotdev","https://github.com/dailydotdev","https://www.linkedin.com/company/daily-dev-ltd"]},{"@type":"WebSite","@id":"https://daily.dev/#website","url":"https://daily.dev","name":"daily.dev","publisher":{"@id":"https://daily.dev/#organization"},"potentialAction":{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https://daily.dev/search?q={search_term_string}"},"query-input":"required name=search_term_string"}}]} {"@context":"https://schema.org","@type":"TechArticle","headline":"Oracle shares jump as it targets $30B in free cash flow by 2029","url":"https://daily.dev/posts/oracle-shares-jump-as-it-targets-30b-in-free-cash-flow-by-2029-1qsbhcrw2","mainEntityOfPage":{"@type":"WebPage","@id":"https://daily.dev/posts/oracle-shares-jump-as-it-targets-30b-in-free-cash-flow-by-2029-1qsbhcrw2"},"datePublished":"2026-10-28T19:26:55.837Z","dateModified":"2026-10-30T07:45:41.650Z","description":"Oracle says its free cash flow will hit $30B in the year ending May 2029, when analysts had expected it to stay negative. 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