salesforce(US:CRM) Yahoo Finance·2025-12-08 05:31Core Insights - Salesforce Inc. is recognized as one of the most profitable tech stocks, with a strong Q3 performance and confidence in future growth despite a price target reduction by Truist from $400 to $380 [1][3] Financial Performance - For Q3 2025, Salesforce reported quarterly revenue of $9.44 billion, reflecting an 8% year-over-year growth, with Subscription and Support Revenue increasing by 9% [2] - The company achieved a Non-GAAP EPS of $2.41, which included a $0.18 charge from strategic investment adjustments [2] - Remaining Performance Obligations (RPO) stood at $53.1 billion, up 10%, while Current RPO was at $26.4 billion, showing a slight increase of over 10% [2] Market Strategy and Growth - Salesforce's AI-driven strategy is gaining traction, with the new platform Agentforce closing over 200 deals in just one week, indicating strong market demand [3] - The Data Cloud was included in 8 of the top 10 deals in the quarter, highlighting its importance in AI transformations and data harmonization [3] - To support this growth, Salesforce is expanding its workforce by hiring 1,400 account executives globally [3]