Oracle Corp.’s stock is on pace for its best performance in three-and-a-half years — and analysts like what lies ahead. While Oracle beat expectations with its latest earnings results, analysts seem especially impressed by the company’s guidance and its commentary on the new fiscal year.

Key Takeaways Several analysts raised their price targets for Oracle stock after the company delivered higher-than-expected revenue growth estimates. Oracle expects cloud infrastructure growth to increase from 50% last fiscal year to more than 70%.