Thursday, 5 March, 2026
Oracle Projects $166 Billion Cloud Revenue by 2030
By Isha
Oracle forecasts its cloud infrastructure revenue will reach $166 billion by fiscal 2030, comprising nearly 75% of its total sales. CEO Clay Magouyrk highlighted that new bookings are diversified, extending beyond major clients like OpenAI. The company anticipates overall revenue of $225 billion and adjusted earnings of $21 per share by 2030, surpassing analyst expectations.
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