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What You Need to Know Ahead of Salesforce’s Earnings Release
Yahoo Finance· 2025-10-28 10:38
Core Insights - Salesforce, Inc. has a market capitalization of $242.6 billion and specializes in cloud-based customer relationship management software, providing an integrated platform known as Customer 360 to assist businesses in various functions [1] Financial Performance - Analysts anticipate Salesforce will report an EPS of $2.15 for fiscal Q3 2026, reflecting a 15.6% increase from $1.86 in the same quarter last year [2] - For fiscal 2026, the expected EPS is $8.58, an 8.8% rise from $7.89 in fiscal 2025, with further growth projected to $9.64 in fiscal 2027, marking a 12.4% year-over-year increase [3] Stock Performance - Over the past 52 weeks, Salesforce shares have declined by 12.1%, underperforming the S&P 500 Index, which gained 18.4%, and the Technology Select Sector SPDR Fund, which returned 29.8% [4] - On October 21, Salesforce shares increased by 4.7% due to easing trade tensions, positive corporate earnings, and optimism regarding potential interest rate cuts [5] Analyst Ratings - The consensus among analysts is a "Moderate Buy" for Salesforce stock, with 35 out of 50 analysts recommending a "Strong Buy," 2 a "Moderate Buy," 12 a "Hold," and 1 a "Strong Sell" [6] - The mean price target for Salesforce is $330.65, indicating a potential upside of 29.4% from the current market price [6]