Salesforce Earnings Preview: What to Expect

Company Overview - Salesforce, Inc. (CRM) has a market cap of $206.2 billion and is a leader in customer relationship management technology, offering AI-powered solutions such as Agentforce, Data Cloud, Slack, Tableau, and industry-specific applications [1] Financial Performance - Analysts expect Salesforce to report an EPS of $2.14 for fiscal Q4 2026, reflecting a 3.6% decline from $2.22 in the same quarter last year, although the company has exceeded earnings expectations in the past four quarters [2] - For fiscal 2026, analysts predict an EPS of $8.92, which represents a 13.1% increase from $7.89 in fiscal 2025 [3] Stock Performance - Salesforce shares have decreased by 32.2% over the past 52 weeks, underperforming the S&P 500 Index, which gained 13.3%, and the State Street Technology Select Sector SPDR ETF, which returned 21.2% during the same period [4] - Following strong Q3 2026 results, Salesforce shares rose by 3.7%, with reported revenue of $10.26 billion and adjusted EPS of $3.25. The company also raised its full-year 2026 revenue guidance to between $41.45 billion and $41.55 billion, with significant growth in Agentforce and Data 360 ARR, which reached nearly $1.4 billion, up 114% year-over-year [5] Analyst Ratings - The consensus view among analysts on CRM stock remains bullish, with a "Strong Buy" rating overall. Out of 51 analysts, 36 recommend a "Strong Buy," 2 suggest "Moderate Buys," 12 recommend "Holds," and 1 advises a "Strong Sell." The average analyst price target for Salesforce is $331.25, indicating a potential upside of 50.5% from current levels [6]