For Immediate ReleasesChicago, IL – February 10, 2025 – Zacks.com announces the list of stocks and ETFs featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include, Salesforce Inc. (CRM) , Qualcomm Inc. (QCOM) , Verint Systems Inc. (VRNT) , Varonis Systems Inc. (VRNS) and S&P Global Inc. (SPGI) .Here are highlights from Monday’s Analyst Blog:5 Big Data Providers to Buy o ...

Growth stocks are attractive to many investors, as above-average financial growth helps these stocks easily grab the market's attention and produce exceptional returns. But finding a great growth stock is not easy at all.By their very nature, these stocks carry above-average risk and volatility. Moreover, if a company's growth story is over or nearing its end, betting on it could lead to significant loss.However, the Zacks Growth Style Score (part of the Zacks Style Scores system), which looks beyond the tr ...

Salesforce, Inc. (CRM) has been on a remarkable rally, rising 32.8% over the past six months despite broader market volatility. This impressive gain outpaces the Zacks Computer – Software industry’s 9% rise and the S&P 500’s 15.3% increase. Even tech giants like Microsoft Corporation (MSFT) , Intuit Inc. (INTU) and Adobe Inc. (ADBE) haven’t matched Salesforce’s recent performance, cementing its position as a leader in enterprise software.One-Month Price Return PerformanceImage Source: Zacks Investment Resea ...

Big Data refers to vast and diverse collections of structured, unstructured and semi-structured data that inundate businesses on a day-to-day basis. It encompasses the volume of information spurred by digital technology advancements, the velocity or speed at which it is created and collected, and the variety or scope of the data points being covered (known as the "three V's" of Big Data). Over the past few years, three additional V's have gained precedence - value, variability and veracity.The big data spac ...

Shares of Salesforce (CRM) were trading lower on Thursday. The company's stock lost 4.5% as of 3:30 p.m. ET but was down as much as 5.4% earlier in the day. The move down comes as the S&P 500 gained 0.1% and the Nasdaq composite gained 0.2% on the day.Salesforce stock took a hit after the sales software giant announced on Wednesday evening that longtime President and COO, Brian Millham, would be retiring.Change in leadershipBrian Millham was with Salesforce for 25 years. Stepping into a newly created role t ...

Core Insights - Salesforce announced that Robin Washington, former finance chief of Gilead Sciences, will join as president and chief financial and operating officer in March, replacing Amy Weaver and Brian Millham, who will retire in May [1][2][3] - Under Weaver's leadership, Salesforce improved its adjusted operating margin earlier than expected due to pressure from activist investors [2] - Washington has been a board member since 2013 and has served as lead independent director since 2022, bringing extensive experience from her previous roles at Gilead, Hyperion, and PeopleSoft [3][5] Leadership Changes - Robin Washington will replace Amy Weaver as finance chief and Brian Millham as operating chief, with both retiring in May [1][2] - Arnold Donald, former CEO of Carnival, will take over as lead independent director [3] - Millham has been with Salesforce since its inception and took on additional responsibilities after the departure of co-CEO Bret Taylor in early 2023 [6] Strategic Direction - CEO Marc Benioff highlighted Washington's visionary leadership and expertise, indicating her role will be crucial in guiding Salesforce into the "Agentforce era," which focuses on automating sales and customer service processes [4][3] - Washington's background includes significant roles in finance at major software companies, which aligns with Salesforce's strategic goals [5]

Group 1: Company Performance - Salesforce.com closed at $344.14, with a daily increase of +1.44%, outperforming the S&P 500's gain of 0.72% [1] - Over the last month, Salesforce.com shares increased by 2.64%, while the Computer and Technology sector experienced a loss of 1.35% [1] Group 2: Upcoming Earnings - Salesforce.com is projected to report earnings of $2.60 per share, reflecting a year-over-year growth of 13.54% [2] - The consensus estimate for revenue is $10.04 billion, indicating an 8.06% increase compared to the same quarter last year [2] Group 3: Analyst Estimates and Rankings - Recent changes in analyst estimates for Salesforce.com suggest a favorable outlook on the company's business health and profitability [3] - The Zacks Rank system currently rates Salesforce.com at 2 (Buy), with a 0.19% rise in the Zacks Consensus EPS estimate over the past month [5] Group 4: Valuation Metrics - Salesforce.com has a Forward P/E ratio of 30.39, which is a discount compared to the industry's average Forward P/E of 31 [6] - The company has a PEG ratio of 2.05, while the Computer - Software industry has an average PEG ratio of 2.24 [6] Group 5: Industry Context - The Computer - Software industry is ranked 139 in the Zacks Industry Rank, placing it in the bottom 45% of over 250 industries [7] - Research indicates that top-rated industries outperform the bottom half by a factor of 2 to 1 [7]

Salesforce is reportedly eliminating over 1,000 jobs while hiring staff to sell its artificial intelligence products.Workers who are displaced will be able to apply for other roles within the company, Bloomberg reported Monday (Feb. 3), citing unnamed sources.It wasn’t clear which divisions were affected by the layoffs, the report said. Salesforce, a provider of customer management software, had nearly 73,000 employees as of January 2024, when its previous fiscal year closed.Salesforce did not respond to PY ...

Core Insights - Coastal has been recognized for its leadership and expertise in the Salesforce ecosystem, with four leaders selected for the Salesforce Partner Advisory Boards [1][2] - Participation in these boards allows Coastal to influence the future of Salesforce products and gain early access to innovations, benefiting its clients [2] - Coastal's recent inclusion in the Agentforce Partner Network highlights its extensive certifications and successful project implementations, reinforcing its role as a trusted advisor [2] Company Overview - Coastal is the first AI-native Salesforce consultancy, having delivered over 7,000 multi-cloud solutions for more than 1,500 clients [3] - The company emphasizes a culture focused on customer success and impactful work, combining global consultancy expertise with agility [3] - Coastal holds a 5/5 Customer Satisfaction Score on the Salesforce AppExchange and is recognized as the 1 user-rated Salesforce Consulting Firm on G2 [3] Leadership Appointments - Mary Beth Wright has been appointed to the Manufacturing Partner Advisory Board [4] - Milissa Holland has joined the Healthcare Partner Advisory Board [4] - Bethan Flynn is part of the Public Sector Partner Advisory Board [4] - Brian Gannuscio is involved in the Platform Partner Focus Group [4]

Company Performance - Salesforce.com (CRM) closed at $354, reflecting a -1.65% change from the previous day, underperforming compared to the S&P 500's daily loss of 0.47% [1] - Over the past month, Salesforce.com shares have increased by 7.66%, while the Computer and Technology sector has decreased by 0.19% [1] Upcoming Earnings - The upcoming earnings disclosure is anticipated, with predictions of an EPS of $2.60, indicating a 13.54% growth year-over-year [2] - Revenue is expected to reach $10.04 billion, representing an 8.06% increase compared to the same quarter last year [2] Full Year Estimates - For the full year, earnings are projected at $10.03 per share and revenue at $37.94 billion, showing increases of +22.02% and +8.84% respectively from the previous year [3] - Recent adjustments to analyst estimates are crucial as they reflect near-term business trends, with positive revisions indicating a favorable outlook on the company's health and profitability [3] Valuation Metrics - Salesforce.com has a Forward P/E ratio of 35.88, which is a premium compared to the industry average of 31.18 [6] - The company also has a PEG ratio of 2.42, aligning with the average PEG ratio of the Computer - Software industry [7] Industry Context - The Computer - Software industry is part of the broader Computer and Technology sector, currently ranked 151 in the Zacks Industry Rank, placing it in the bottom 40% of over 250 industries [8] - Research indicates that industries in the top 50% of the Zacks Industry Rank outperform those in the bottom half by a factor of 2 to 1 [8]