What Analysts Think of Salesforce Stock Ahead of Earnings

Core Insights - Salesforce (CRM) is anticipated to report its fourth-quarter results, with analysts optimistic about AI-driven growth opportunities [1][5] - A significant majority of analysts have issued "buy" ratings, with a consensus price target suggesting nearly 30% upside from the current price [1] - The company is projected to achieve revenue of $10.05 billion, reflecting an 8$2.62, up from $2.29 a year ago [2] Analyst Ratings and Expectations - Of the 25 analysts covering Salesforce, 20 have a "buy" or equivalent rating, while 5 have a "hold" rating [1] - Deutsche Bank analysts maintain a "buy" rating with a$400 price target, citing early momentum in the Agentforce AI suite [2] - Oppenheimer analysts view the departure of COO Brian Millham as a negative surprise but expect new CFO Robin Washington to enhance operational efficiency [4] Company Developments - Salesforce announced that Robin Washington, former CFO of Gilead Sciences, will join as the new chief operating and financial officer on March 21 [3] - The company has faced a challenging start to 2025, with shares down approximately 7% year-to-date after a strong performance in 2024 [5]