Where Will Oracle Stock Be in 2029?

Despite a 53% stock decline over the past year due to high debt from aggressive data center expansion, Oracle's strong $664 billion backlog and accelerating revenue growth (30% YoY) position it for significant upside. The company's strategy of securing customer prepayments and bring-your-own-hardware arrangements is reducing balance sheet strain. Analysts project substantial earnings growth acceleration by fiscal 2029, potentially driving Oracle stock to $300 (129% upside) if it trades at a 19x earnings multiple.