Salesforce (CRM) is scheduled to release second-quarter fiscal 2025 results on Aug 28.For the fiscal second quarter, the company projects total revenues between $9.20 billion and $9.25 billion (midpoint $9.225 billion). The Zacks Consensus Estimate for revenues is pegged at $9.23 billion, which indicates an increase of 7.3% from the year-ago quarter’s reported figure.CRM anticipates non-GAAP earnings per share in the band of $2.34-$2.36 for the second quarter. The consensus mark for non-GAAP earnings has be ...

The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price. Do they really matter, though?Let's take a look at what these Wall Street heavyweights have to say about Salesforce.com (CRM) before we discuss the reliability of brokerage recommendations and how to use them to your advantage.Salesforce.com currently has ...

While it was scary at the time, the sell-off that started last month across equities is already becoming a thing of the past. Take the benchmark S&P 500 Index, for example. Sure, it had its worst run of weeks in years as it shed the better part of 10% in just three weeks, but it’s after bouncing back that much in just two. And from where it closed on Wednesday, it’s less than 1% away from hitting a new all-time high, something many thought would be off the cards for the rest of the year. This recovery theme ...

Salesforce.com (CRM) is expected to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended July 2024. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on August 28. ...

JHVEPhotoIntro & Thesis Over the last 11 years, Salesforce's (NYSE:CRM) revenue has increased by more than 18% annually, based on Seeking Alpha's data, due to high demand in its end markets (CRM develops customer relationship management software to help businesses manage their various sales, marketing services, and more). However, this growth rate has recently begun to decline, causing the company's valuation to depreciate rapidly. As a result, the stock price remained basically unchanged on a YTD basis ...

Salesforce.com (CRM) ended the recent trading session at $265.38, demonstrating a +0.94% swing from the preceding day's closing price. The stock's change was less than the S&P 500's daily gain of 0.97%. Meanwhile, the Dow experienced a rise of 0.58%, and the technology-dominated Nasdaq saw an increase of 1.39%.The customer-management software developer's shares have seen an increase of 6.17% over the last month, surpassing the Computer and Technology sector's loss of 5.36% and the S&P 500's loss of 1.85%.Th ...

Stock Performance - Salesforce's stock has declined more than 8% over the past three months, underperforming the S&P 500 and the Zacks Computer and Technology sector, which both gained over 4% [1] - Within the Zacks Computer – Software industry, Salesforce lags behind competitors like Oracle and SAP, whose shares rose more than 10% in the same period [1] Sales Growth - Salesforce's sales growth has significantly slowed, with Q1 fiscal 2025 growth barely reaching low double digits, compared to over 20% growth consistently until fiscal 2022 [2] - The Zacks Consensus Estimate predicts Salesforce's top-line growth will slow further, settling into a mid-to-high single-digit percentage range for fiscal 2025 and 2026 [3] - Current Qtr (7/2024) sales are estimated at $9.23B, with year-over-year growth of 7.29%, while Current Year (1/2025) sales are estimated at $37.83B, with 8.53% growth [4] Earnings Growth - Salesforce's EPS is projected to grow at a CAGR of 15.3% over the next five years, a sharp decline from the 42.9% CAGR achieved in the previous five years [4] - Current Qtr (7/2024) EPS is estimated at $2.36, with year-over-year growth of 11.32%, while Current Year (1/2025) EPS is estimated at $9.90, with 20.44% growth [5] Competitive Landscape - Salesforce faces intensifying competition from Microsoft, Oracle, and SAP, who are ramping up efforts to capture a larger share of the CRM and cloud computing markets [6] - Microsoft's Dynamics 365 is gaining popularity among enterprises already in the Microsoft ecosystem, while Oracle and SAP offer integrated solutions appealing to large organizations [6] - Newer entrants in the CRM space are introducing innovative features and competitive pricing, further squeezing Salesforce's market share [6] Strategic Shift - Salesforce has shifted focus from aggressive growth to margin improvement, involving significant cost-cutting measures, including layoffs [3] - While these moves have boosted short-term profitability, they have also led to reduced investments in critical areas like sales and marketing, contributing to the slowdown in sales growth [3]

This cloud-computing giant is down but not out.Shares of Salesforce (CRM 0.05%) have frustrated investors by trading down about 20% from their 52-week high earlier this year.Despite solid profitability and overall strong fundamentals, the customer resource management software pioneer has struggled to reaccelerate growth. The company is betting big on new artificial intelligence (AI) tools integrated across its platform, but the market appears skeptical about whether those efforts are enough to diversify the ...

NEW YORK, Aug. 18, 2024 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & Auld LLP announces an investigation into Salesforce, Inc. (NYSE:CRM) for potential violations of the federal securities laws. If you invested in Salesforce, you are encouraged to submit your information at https://www.bfalaw.com/cases-investigations/salesforce-inc. Why Did Salesforce’s Stock Drop? On May 29, 2024, Salesforce reported its fiscal Q1 2025 financial results. In pertinent part, Salesforce’s reported $9.13 b ...

Salesforce (NYSE:CRM) stock had touched highs of $319 at the beginning of March. There has been a sharp correction of 20% from those highs and CRM stock currently trades at $254. In my view, the correction presents a golden opportunity to consider exposure to this value creator. This column discusses the reasons to be bullish on CRM stock with an investment horizon of three to five years.Coming to valuations, CRM stock trades at a forward price-to-earnings (P/E) ratio of 25.7x. This is cheap considering the ...