customer relationship management (CRM) technology
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Salesforce (CRM) Reports Q3 2026 Results, Wall Street Bullish
Yahoo Finance· 2025-12-09 16:39
Salesforce, Inc. (NYSE:CRM) is one of the Good Stocks to Buy According to Analysts. On December 3, Salesforce, Inc. (NYSE:CRM) released its fiscal Q3 2026 results. The stock surged more than 5% following the release, and Wall Street maintains a bullish outlook. The company grew its quarterly revenue by 8.63% year-over-year to $10.26 billion, but fell short of expectations by $12.94 million. However, the EPS of $3.25 exceeded the consensus by $0.39. Management attributed growth to a strong performance ac ...
Barclays Reiterates a Buy on Salesforce (CRM), Keeps the PT
Yahoo Finance· 2025-11-24 13:58
Core Insights - Salesforce, Inc. (NYSE:CRM) is recognized as one of the best cloud stocks to buy currently, with analysts from Barclays and TD Cowen reiterating Buy ratings, although with differing price targets of $316 and $305 respectively [1][2] Group 1: Financial Performance - Salesforce is expected to report fiscal Q3 2026 results on December 3, with anticipated revenue between $10.24 billion and $10.29 billion, indicating a year-over-year growth of 8% to 9% [3] - Analyst Derrick Wood noted that while Salesforce exceeded estimates in fiscal Q2 2026, there are mixed signals for the second half of 2026, particularly concerning potential pressure in the renewal business [2] Group 2: Strategic Moves - On November 18, Salesforce completed the acquisition of Informatica, an AI-powered cloud data management company, which is expected to enhance its platform by improving data clarity and integration capabilities [4] - The acquisition aims to elevate the AgentForce 360 Platform by establishing critical data foundations [4] Group 3: Product Offering - Salesforce provides customer relationship management (CRM) technology that integrates AI to assist businesses in enhancing sales, service, marketing, and commerce [5]
Wall Street Has a Mixed Opinion on Salesforce (CRM) Since Dreamforce 2025
Yahoo Finance· 2025-10-29 15:18
Core Viewpoint - Salesforce, Inc. (NYSE:CRM) is considered one of the best stocks for high returns heading into 2026, with mixed opinions from Wall Street analysts following its analyst day at Dreamforce 2025 [1] Group 1: Analyst Ratings - On October 17, Wells Fargo reiterated a Hold rating on Salesforce with a price target of $265 [1] - TD Cowen maintained a Buy rating with a price target of $335, highlighting the company's strength in enterprise software despite AI disruption concerns [2] Group 2: Revenue Growth and Targets - Salesforce introduced a new FY30 revenue target of over $60 billion, indicating a 10% organic CAGR growth from 2026 to 2030 [2] - The company’s strategic edge is attributed to its ability to combine deterministic business logic through its applications [3] Group 3: AI Integration and Management Confidence - Salesforce has integrated AI workflows through its Customer 360 platform across various clouds [3] - Management's confidence in enhancing the adoption curve for its Agentforce platform was noted, suggesting potential for improved valuation as AI strategies are executed [3] Group 4: Company Overview - Salesforce provides customer relationship management (CRM) technology that integrates AI to enhance sales, service, marketing, and commerce [4]
Wall Street Bullish on Salesforce (CRM), Here’s Why
Yahoo Finance· 2025-09-24 08:06
Core Insights - Salesforce, Inc. (NYSE:CRM) is recognized as a strong long-term investment in the technology sector, with Wall Street showing optimism following the company's fiscal second quarter performance [1]. Financial Performance - The company reported a revenue of $10.24 billion, representing a year-over-year increase of 9.77% and exceeding consensus estimates by $98.41 million [2]. - Earnings per share (EPS) reached $2.91, surpassing estimates by $0.13 [2]. - The current remaining performance obligation (cRPO), indicating future revenue under contract, increased by 11% year-over-year to $29.4 billion [2]. - Management forecasts next quarter's revenue to be between $10.24 billion and $10.29 billion, reflecting an anticipated growth of 8% to 9% year-over-year [2]. Analyst Ratings - Analysts have expressed positive sentiments post-earnings release, with Saiyi He from CMB International Securities reiterating a Buy rating and a price target of $388 on September 5 [3]. - Paul Chew from Phillip Securities also maintained a Buy rating with a price target of $364 on September 8 [3]. Business Overview - Salesforce, Inc. specializes in customer relationship management (CRM) technology, integrating AI to enhance sales, service, marketing, and commerce for businesses [3].