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 ...

NEW YORK, Aug. 16, 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 ...

NEW YORK, Aug. 14, 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 ...

Core Insights - Salesforce, Inc. is under investigation by Bleichmar Fonti & Auld LLP for potential violations of federal securities laws [1] - The company's fiscal Q1 2025 results showed revenue of $9.13 billion, which was below the midpoint of its guidance range, leading to a stock price decline of over 20% [2] - Salesforce's fiscal Q2 2025 revenue guidance of $9.2 to $9.25 billion is also below consensus estimates, raising concerns about the company's sales execution and customer buying environment [2] Financial Performance - Salesforce reported $9.13 billion in revenue for fiscal Q1 2025, which was below the midpoint of its previously issued guidance [2] - The growth rate of remaining performance obligations, a key bookings metric, was also below the company's outlook [2] - The guidance for fiscal Q2 2025 revenue is projected to be between $9.2 billion and $9.25 billion, which is lower than market expectations [2] Legal Implications - Bleichmar Fonti & Auld LLP is investigating whether Salesforce and its executives made materially false or misleading statements regarding the company's performance and sales execution [2] - Investors who suffered losses are encouraged to submit their information to the law firm for potential legal options [3]

Salesforce (NYSE:CRM) stock hasn’t performed well in 2024, down over 3%, as company budgets moved to hardware investments from enterprise software. The leader in cloud-based software specializes in customer relationship management solutions — hence the Salesforce stock symbol — has trailed many of its large-cap tech peers in recent years. As a result, Salesforce is working to cut costs while still investing in new products. In mid-July, Salesforce cut about 300 jobs as it searched for the right balance betw ...

NEW YORK, Aug. 10, 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 ...

PHOENIX, Aug. 07, 2024 (GLOBE NEWSWIRE) -- Award-winning real estate technology innovator Lofty today announced it has acquired Firepoint, a real estate CRM solution designed by top team leaders and agents. As the company’s strategy shifted and plans were made to refocus development efforts in other areas, Firepoint CEO Dave Crumby sought a top industry partner to help transition his customers to a new platform. Specifically, an innovative end-to-end platform, purpose built for today’s real estate professio ...

NEW YORK, Aug. 06, 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 ...

NEW YORK, Aug. 06, 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 ...