Salesforce is acquiring Tenyx, the latest sign of the company’s growing artificial intelligence ambitions.The customer relationship management company will use Tenyx’s expertise in developing AI-powered voice agents to advance its own AI solutions, according to a Tuesday (Sept. 3) press release.“Upon close of the acquisition, Tenyx will extend Salesforce’s existing autonomous agent capabilities for Agentforce Service Agent by integrating Tenyx’s innovative voice AI solutions, specifically tailored for servi ...

Despite a strong start to the year, shares of tech titan Salesforce Inc. NYSE: CRM have been having a lackluster end to the summer. They gained 150% through the start of March before falling more than 30% in June due to some dodgy earnings. Salesforce TodayCRMSalesforce$248.06 -4.84 (-1.91%) 52-Week Range$193.68▼$318.71Dividend Yield0.65%P/E Ratio44.62Price Target$304.41Add to WatchlistSince then, they’ve been working hard to reclaim their reputation as one of the hottest software stocks to own. As of Tuesd ...

Which of these cloud-driven stocks is a better investment right now?Salesforce (CRM -1.91%) and MongoDB (MDB -2.61%) represent two different ways to invest in the growing cloud market. Salesforce is the world's largest provider of cloud-based customer relationship management (CRM) services, and it provides additional marketing, e-commerce, analytics, and enterprise collaboration services. MongoDB helps companies organize their unstructured data with its database services.Over the past five years, Salesforce ...

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 ...

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 ...

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 ...

Investment Rating - Maintain BUY rating with a target price of US$336.50, reflecting a 30.9% upside from the current price of US$257.01 [4][8] Core Insights - Salesforce reported a total revenue growth of 8% YoY to US$9.33 billion in 2QFY25, aligning with consensus estimates, while non-GAAP operating income increased by 16% YoY to US$3.14 billion, exceeding consensus by 6% due to effective expense management [2][3] - cRPO growth reaccelerated to +11% YoY on a constant currency basis, driven by strong multi-cloud large deals and early renewals, easing investor concerns regarding decelerating RPO growth [2][3] - Management anticipates a sustained measured buying environment, guiding total revenue for 3QFY25E to grow by 7% YoY to US$9.31-9.36 billion, while maintaining FY25E revenue guidance of US$37.7-38.0 billion (+8-9% YoY) [2][3] Financial Performance - Revenue projections for FY25E are set at US$37.8 billion, with adjusted net profit expected to reach US$9.7 billion, translating to an adjusted EPS of US$9.94 [3][10] - Non-GAAP operating margin guidance for FY25E has been raised to 32.8%, up from the previous 32.5%, reflecting efficiency gains from disciplined expense control [2][3][7] - The number of paid Data Cloud customers grew by 130% YoY, with AI-related bookings more than doubling QoQ, indicating strong demand for Salesforce's AI offerings [2][3] Segment Performance - Revenue growth by segment in 2QFY25 showed increases of 9% in sales, 10% in service, 9% in platform & other, 6% in marketing & commerce, and 13% in integration & analytics [2][3] - Multi-cloud deals accounted for approximately 80% of new business in 2QFY25, highlighting the importance of multi-cloud adoption as a growth driver [2][3] Valuation - The target price of US$336.50 is based on a 20x FY25E EV/EBITDA, which is at a discount to the sector average of 22x, reflecting Salesforce's earnings growth entering a more mature stage [4][8][9]

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 ...

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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 ...