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Can AI Reinvigorate Salesforce's Growth and Stock Price?
The Motley Fool· 2024-09-02 21:00
Salesforce has a lot of potential upside.While the companies building out data center infrastructure have greatly benefited from the artificial intelligence (AI) boom, one question on investors' minds is: When will this translate to growth for software companies?Salesforce (CRM -1.60%) is one such company grappling with this issue as it looks for AI to help reinvigorate growth.With the customer-relationship management (CRM) software company recently reporting its Q2 results, let's take a closer at how it is ...
Salesforce.com (CRM) Reliance on International Sales: What Investors Need to Know
ZACKS· 2024-09-02 14:15
Did you analyze how Salesforce.com (CRM) fared in its international operations for the quarter ending July 2024? Given the widespread global presence of this customer-management software developer, scrutinizing the trends in international revenues becomes imperative to assess its financial strength and future growth possibilities.In the current global economy, which is more interconnected than ever, a company's success in penetrating international markets is crucial for its financial health and growth journ ...
Salesforce: Top Value For Growth Investors
Seeking Alpha· 2024-08-31 04:50
JHVEPhoto Shares of Salesforce (NYSE:CRM) responded positively to the company's second-quarter eamings sheet that showed both a considerable EPS and top line beat. The omater of the company executed no nits growth strategy and generaled a healthy annum of frece ans more over excellections: TIP softwart on: P.P. Onlicop nisc class masod i company's low valuation based off of earnings as well as the company's push to buy back more shares! 21.25% Salesforce Inc (CRM) Price % Change 40.00% 0.00% -20.00% Oct '23 ...
赛富时:cRPO growth reaccelerates; eyes on new AI product launch
招银国际· 2024-08-31 04:23
30 Aug 2024 CMB International Global Markets | Equity Research | Company Update Salesforce (CRM US) cRPO growth reaccelerates; eyes on new AI product launch Salesforce reported 2QFY25 financial results: total revenue grew by 8% YoY to US$9.33bn, in line with consensus estimate; non-GAAP operating income was up by 16% YoY to US$3.14bn, 6% ahead of consensus estimate thanks to the disciplined expense control. cRPO growth reaccelerated to +11% YoY on a constant currency basis in 2QFY25 (1QFY25: +10% YoY), prim ...
Time to Buy Salesforce (CRM) Stock After Strong Q2 Results?
ZACKS· 2024-08-30 22:00
Salesforce (CRM) continued its transformation efforts to provide stronger financial figures after beating Q2 expectations on Wednesday and raising its profit guidance.This also helped to quiet fears of increasing competition from Microsoft (MSFT) and Oracle (ORCL) which have popular customer relationship managment software brands of their own.Salesforce’s Q2 Results Driven by subscription and support revenue, Salesforce posted Q2 sales of $9.32 billion which rose 8% year over year and surpassed estimates ...
Why Salesforce.com (CRM) is a Top Growth Stock for the Long-Term
ZACKS· 2024-08-30 14:46
For new and old investors, taking full advantage of the stock market and investing with confidence are common goals. Zacks Premium provides lots of different ways to do both.Featuring daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, the research service can help you become a smarter, more self-assured investor.It also includes access to the Zacks Style Scores.What are the Zacks Style Scores?The Zacks Style Sco ...
Why Salesforce Analysts Say They're Bullish on the Software Giant
Investopedia· 2024-08-29 19:50
Key TakeawaysAnalysts are optimistic after Salesforce beat expectations with its second-quarter results.Investors will be watching for continued margin growth and the reach of Salesforce's new Agentforce AI platform.The consensus price target for Salesforce is $307, 18% higher than Wednesday's closing price. After Salesforce (CRM) reported better-than-expected results late Wednesday, Bank of America (BofA) Securities analysts raised their price target on the stock, citing record-high margins and the potenti ...
Stock Of The Day: Salesforce Shares Reverse Off Of Resistance
Benzinga· 2024-08-29 18:17
Shares of Salesforce, Inc. CRM have reversed off of resistance at the $268.60 level. This isn't a surprise. As you can see on the chart below, this level has been important since December.Some price levels are more important than others. Salesforce clearly illustrates this. This is why it's our Stock of the Day.In the stock market, important price levels can switch back and forth between support and resistance. There is resistance around $268.60 because it was a support level in April and May. And it was su ...
Salesforce Beats Q2 Earnings, 6 Analysts Raise Forecasts For This 'Under-Appreciated AI Winner'
Benzinga· 2024-08-29 14:42
Shares of Salesforce Inc CRM climbed in early trading on Thursday before sliding on the heels of an upbeat second-quarter financial report.Here are some key analyst takeaways.Check out other analyst stock ratings.Goldman Sachs analyst Kash Rangan maintained a Buy rating, while lifting the price target from $315 to $325.Salesforce's quarterly results came as a "relief for investors," as they affirmed a "stabilizing demand environment" and the reiteration of the full-year revenue guidance de-risks the back ha ...
Salesforce's Q2 Earnings Beat: Can Upbeat Profit View Lift CRM Stock?
ZACKS· 2024-08-29 14:20
Salesforce, Inc.’s (CRM) second-quarter fiscal 2025 non-GAAP earnings per share (EPS) increased 21% to $2.56 from $2.12 in the year-ago quarter. The figure also surpassed the Zacks Consensus Estimate of $2.35. The robust year-over-year growth was driven by higher sales and the benefits of ongoing cost-restructuring initiatives, which include the trimming of the workforce and a reduction in office spaces.This enterprise cloud computing solution provider’s quarterly revenues of $9.33 billion increased 8% year ...