Vault CRM Service Center now available for life sciences inside sales, contact center, and hybrid repsVault CRM Suite to unify sales, marketing, medical, and service for true customer-centricityPLEASANTON, Calif., Aug. 27, 2024 /PRNewswire/ -- Veeva Systems (NYSE: VEEV) today announced Veeva Vault CRM Service Center for inside sales, contact center, and hybrid reps. Supporting inbound and outbound engagement across channels, Vault CRM Service Center includes case management, video calls, telephony integrati ...

Salesforce (CRM) is set to announce second-quarter fiscal 2025 results on Aug 28. The Zacks Consensus Estimate of $2.35 for the company’s second-quarter non-GAAP EPS indicates a 10.9% year-over-year increase.While the bottom-line projection might appear to be a positive indicator, the reality is more nuanced, especially when compared to (more than) 35% growth that Salesforce has consistently delivered in the past six quarters.Slowing Sales Growth: A Critical IssueOnce a beacon of double-digit revenue growth ...

Core Viewpoint - Analyst Scott Berg expresses caution regarding Salesforce, Inc. CRM ahead of its second quarter results, anticipating limited upside due to macroeconomic pressures on spending [1] Group 1: Company Performance - Following a weak first quarter, Salesforce is expected to report limited growth in the second quarter due to ongoing demand softness across most cloud segments, including Service Cloud [1] - Salesforce's Data Cloud is expected to be a focal point in discussions, particularly as it has gained traction in deals exceeding $1 million, with 25% of such deals including Data Cloud in the first quarter [1] Group 2: Market Outlook - The analyst notes that AI adoption is driving interest in Data Cloud, which could continue its momentum and potentially provide an incremental boost to results in the second half of the year [1] - Salesforce stock has gained over 25% in the last 12 months, with a maintained Buy rating and a price target of $345 [2]

Dzmitry Dzemidovich I last covered Salesforce (NYSE:CRM) in June; I put out a Buy rating at the time after its 20% correction after its Q1 FY25 earnings. Since that analysis, the stock has gained over 10% in price, far surpassing the S&P 500's 5.2% change. Now, its Q2 earnings are approaching on August 28th, and I am bullish on CRM coming up to these results as its valuation is slightly more appealing this time around, and analysts have lower expectations. In Q2, we can expect strength from the company ...

wdstockSalesforce (NYSE:CRM) offers one of my favorite suites of products thanks to its AI CRM platform. Everyone knows about its steady revenue growth, which has more than tripled from $10.5B in FY2018 to $34.9B in FY2024, making it the leader in the industry. In addition, Salesforce ended FY2024 with $56.9B in remaining performance obligations, which is a strength of the business. However, only recently the company switched to profit mode at the request of several activist investors, achieving a 30.5% ...

Analysts on Wall Street project that Salesforce.com (CRM) will announce quarterly earnings of $2.35 per share in its forthcoming report, representing an increase of 10.9% year over year. Revenues are projected to reach $9.23 billion, increasing 7.3% from the same quarter last year.The current level reflects a downward revision of 0.1% in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial projecti ...

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. ...