Salesforce (CRM) is slated to report fourth-quarter fiscal 2024 results on Feb 28. The cloud-based software maker’s fourth-quarter performance is expected to have benefited from the positive demand environment as customers are continuing with cloud migration and digital transformation initiatives despite the current macroeconomic headwinds.Click here to know how CRM’s overall fiscal fourth-quarter results are likely to be.Digitalization Initiatives to Boost Q4 RevenuesThe growing demand for generative artif ...

CNBC's Jim Cramer on Friday guided investors through next week's market action, advising them to pay attention to earnings reports from companies including Salesforce, Snowflake and Domino's."I don't know if the rosy hue from Nvidia has staying power for next week," Cramer said. "But there are plenty of good companies here that can carry a torch for the averages."On Monday, Domino's Pizza reports earnings, and Cramer said he thinks the chain's earnings will be positive and "the king of pizza" can reclaim it ...

Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?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 an avera ...

Wall Street analysts expect Salesforce.com (CRM) to post quarterly earnings of $2.26 per share in its upcoming report, which indicates a year-over-year increase of 34.5%. Revenues are expected to be $9.21 billion, up 9.9% from the year-ago quarter.Over the past 30 days, the consensus EPS estimate for the quarter has remained unchanged. This demonstrates the covering analysts' collective reassessment of their initial projections during this period.Ahead of a company's earnings disclosure, it is crucial to gi ...

Salesforce (CRM) is scheduled to release fourth-quarter fiscal 2024 results on Feb 28.For the fiscal fourth quarter, the company projects total revenues between $9.18 billion and $9.23 billion (midpoint $9.205 billion). Non-GAAP earnings are expected between $2.25 and $2.26 per share.The Zacks Consensus Estimate for revenues is pegged at $9.21 billion, indicating an increase of 9.9% from the year-ago quarter’s reported figure. The consensus mark for earnings is pegged at $2.26 per share, implying a year-ove ...

Earnings season for the fourth and final quarter of 2023 is drawing to a close, with many big names having already reported. Earnings season has been strong so far. In fact Q4 has proven to be the strongest quarter of 2023. With 79% of companies in the S&P 500 index having reported their financial results, 75% reported better-than-expected earnings and 65% beat expectations on revenue, according to FactSet. The strong financial results across Corporate America have helped to sustain the stock market rally a ...

Cloud computing remains one of the fastest growing areas of tech. The global cloud computing market is forecast to grow from about $500 billion today to $2.49 trillion by 2032. As organizations and individuals produce more data, the need for cloud computing data storage will grow in the coming years. Further, artificial intelligence (AI) is expected to supercharge demand for cloud computing moving forward. With so much demand and growth, big opportunity are afoot for investors who want to gain exposure to c ...

Salesforce.com (CRM) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term.Over the past month, shares of this customer-management software developer have returned +3.4%, compared to the Zacks S&P 500 composite's +3.6% change. During this period, the Zacks Computer - Software industry, which Salesforce.com falls in, has gained 1.5%. The key question now is: What could be the stock's future d ...

Fool.com contributor Parkev Tatevosian predicts where Salesforce (CRM 0.96%) stock could be by the end of the year.*Stock prices used were the afternoon prices of Feb. 13, 2024. The video was published on Feb. 15, 2024. ...

SOPA Images/LightRocket via Getty Images Salesforce (NYSE:CRM) is one of the most compelling investments to make for exposure to AI at this time, particularly for retail applications. It is tempting to totally ignore the valuation risk based on the exceptional results so far and the expected high market growth in the future. However, we must be aware of market risks, as over-allocating to CRM could prove costly. Einstein AI Salesforce's Einstein AI is its comprehensive artificial intelligence technology ...