Salesforce.com (CRM) Falls More Steeply Than Broader Market: What Investors Need to Know
salesforcesalesforce(US:CRM) ZACKS·2025-02-20 23:50

Company Performance - Salesforce.com (CRM) closed at $318.43, reflecting a -1.88% change from the previous session, underperforming the S&P 500 which lost 0.43% [1] - The stock has decreased by 2.43% over the past month, while the Computer and Technology sector gained 0.32% and the S&P 500 increased by 2.6% [1] Upcoming Earnings - Salesforce.com is set to release its earnings on February 26, 2025, with analysts expecting earnings of $2.60 per share, indicating a year-over-year growth of 13.54% [2] - The consensus estimate for revenue is projected at $10.04 billion, reflecting an 8.06% increase from the same quarter last year [2] Analyst Estimates - Recent changes to analyst estimates for Salesforce.com indicate a positive outlook for the company's business trends [3] - Positive estimate revisions are seen as a sign of optimism regarding the company's future performance [3] Zacks Rank and Valuation - Salesforce.com currently holds a Zacks Rank of 2 (Buy), with a Forward P/E ratio of 29.1, which is lower than the industry average of 29.52 [5] - The company has a PEG ratio of 1.98, compared to the average PEG ratio of 2.2 for Computer Software stocks [6] Industry Context - The Computer - Software industry ranks 135 in the Zacks Industry Rank, placing it in the bottom 47% of over 250 industries [7] - Research indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [7]