salesforce(CRM)
Search documents
History Says the S&P 500 Could Soar: 2 Monster Stocks to Buy Now
The Motley Fool· 2024-09-29 10:25
These growth stocks will help you profit from the current bull market.The bull market still has legs, as the S&P 500 recently hit new highs after a recent dip. The stock market could keep climbing for at least another three years, if history is any guide.Previous bull markets have stretched for about five years, but in the last 40 years, the stock market has tended to climb for around a decade before the next bear market strikes. Investors who put their money in top growth stocks could earn substantial retu ...
Why Is Salesforce.com (CRM) Up 7.3% Since Last Earnings Report?
ZACKS· 2024-09-27 16:35
It has been about a month since the last earnings report for Salesforce.com (CRM) . Shares have added about 7.3% in that time frame, outperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is Salesforce.com due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important catalysts. Salesforce Surpasses Q2 Earnings and Rev ...
Salesforce snatches up Zoomin, a tool for organizing company knowledge
TechCrunch· 2024-09-24 22:35
Salesforce is on a buying spree.After snatching up data management firm Own earlier in the month, Salesforce today announced its plans to buy Zoomin, an enterprise knowledge platform. Zoomin — which we’ve covered a handful of times before — unifies a company’s docs, like product user guides and tutorials, in one portal. The terms of the deal weren’t disclosed. Salesforce expects it to be finalized in Q4 of its fiscal year 2025 (January 31), subject to customary closing conditions.Founded in 2019 by Gal Oro ...
Salesforce's Free Cash Flow Could Double by 2029 Amid AI Push, Analyst Says While Upgrading Stock
Benzinga· 2024-09-24 18:40
Piper Sandler analyst Brent Bracelin upgraded Salesforce Inc CRM from Neutral to Overweight and raised the price target from $268 to $325.The re-rating reflects a favorable risk-reward given the potential for free cash flow per share to double to $20+ by fiscal 2029 (calendar 2028) from $9.65 in fiscal 2024 (calendar 2023), even if top-line growth remains at subdued levels of 8%-9%.Bracelin flagged that Salesforce also has the lowest valuation multiple relative to large-cap software peers on an Enterprise V ...
The Zacks Analyst Blog Exxon Mobil, Salesforce, BHP and Oil-Dri
ZACKS· 2024-09-20 14:06
For Immediate ReleasesChicago, IL – September 20 2024 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: Exxon Mobil Corp. (XOM) , Salesforce, Inc. (CRM) and BHP Group Ltd. (BHP) and Oil-Dri Corp. of America (ODC) .Here are highlights from Friday’s Analyst Blog: Top Analyst Reports for ExxonMobil, Salesforce and BHPThe Z ...
InvestorFlow Announces AI Collaboration with Salesforce to Transform Private Markets
GlobeNewswire News Room· 2024-09-17 17:02
MENLO PARK, Calif. and LONDON, United Kingdom, Sept. 17, 2024 (GLOBE NEWSWIRE) -- InvestorFlow, the industry leading cloud-based platform powering alternative investment firms, today announced the next step in its collaboration with Salesforce, focused on delivering joint AI-powered solutions to fuel private markets. One of only 17 select ISV partners tapped to participate in Salesforce’s early access Einstein AI SDK program, InvestorFlow is the sole ISV technology partner focused exclusively on the financi ...
Rate Cuts or Not, These 3 Stocks Are Poised to Outperform
MarketBeat· 2024-09-17 11:04
Investors are on edge as the Federal Reserve prepares to make its next interest rate decision. While some scramble for cover, seasoned investors seek opportunities in companies poised to weather the storm and thrive, regardless of the Fed's move. Three stocks stand out as having the potential to deliver exceptional returns, even in the face of potential rate cuts. Representing diverse sectors yet united by their innovative approaches, solid financial foundations, and powerful long-term growth trajectories, ...
Salesforce Ventures ups its AI fund to $1 billion, doubling it again
TechCrunch· 2024-09-16 18:28
As part of Salesforce’s massive tech conference, Dreamforce, taking place this week in San Francisco, its VC arm, Salesforce Ventures just announced a new $500 million fund dedicated to AI companies. This is significant for several reasons. First, in June 2023, Salesforce Ventures doubled its AI fund from $250 to $500, so the additional $500 million brings the AI fund to $1 billion. This compares to $5 billion total deployed in its first 15 years, since its 2009 launch. Salesforce Ventures is also among the ...
3 Incredible Artificial Intelligence (AI) Stocks I'm Planning to Buy If the September Sell-Off Continues
The Motley Fool· 2024-09-14 09:35
These companies can all benefit from the long-term growth of AI spending.September is historically a bad month for stocks. The ninth month of the year is the only month when the historic average performance of each of the major stock indexes is a negative number.But if you have a long-term investing mindset, the September sell-off could present a great opportunity. Not only do the winter months bring historically strong returns, but any sell-off in stocks gives investors a chance to buy a stake in great com ...
AI-Powered Agentforce and Dreamforce Highlight Salesforce's Next Revenue Surge: Goldman Sachs Analyst
Benzinga· 2024-09-12 18:53
Goldman Sachs analyst Kash Rangan maintained a Buy rating on Salesforce, Inc CRM with a price target of $325.Rangan hosted Salesforce’s CEO and Co-founder Marc Benioff as part of their Communacopia & Technology Conference 2024.Their discussion focused on autonomous artificial intelligence agent Agentforce as a value-driving force, Salesforce’s annual event Dreamforce, and Agentforce alongside AI assistant Einstein.Also Read: Salesforce Expands Data Security Portfolio with $1.9B Own Company AcquisitionManage ...