What can I expect from Salesforce earnings?
For the three months that ended January, Wall Street expects the San Francisco-based company to earn 75 cents per share on revenue of $7.24 billion. This compares to the year-ago quarter earnings of $1.04 per share on revenue of $5.82 billion.
What time does Salesforce report?
Salesforce plans to host a conference call at 2:00 p.m. (PT) / 5:00 p.m. (ET) to discuss its financial results with the investment community.
Is CRM a buy?
According to IBD Stock Checkup, CRM stock currently has a Relative Strength Rating of 22 out of a best-possible 99. The best stocks tend to have ratings of 80 and above. CRM stock holds an IBD Composite Rating of 43 out of a best possible 99.
Will CRM stock go up?
Salesforce Inc (NYSE:CRM) The 43 analysts offering 12-month price forecasts for Salesforce Inc have a median target of 243.30, with a high estimate of 340.00 and a low estimate of 175.00. The median estimate represents a +31.58% increase from the last price of 184.90.
What does company Salesforce do?
Salesforce is the world’s #1 customer relationship management (CRM) platform. We help your marketing, sales, commerce, service and IT teams work as one from anywhere — so you can keep your customers happy everywhere. Salesforce is the world’s #1 customer relationship management (CRM) platform.
Is Salesforce a buy Zack?
(CRM) – Zacks….(Delayed Data from NYSE)Zacks RankDefinitionAnnualized Return1Strong Buy25.08%2Buy18.56%3Hold10.15%4Sell5.79%2 more rows
Will Salesforce stock recover?
Salesforce expects its non-GAAP earnings per share to dip 3% in fiscal 2023, while analysts expect a 25% recovery in fiscal 2024. Based on those expectations, Salesforce’s stock trades at 45 times forward earnings. Adobe, which is expected to generate 10% earnings growth this year, trades at 33 times forward earnings.
Is Salesforce making money?
What is the Revenue of Salesforce? Salesforce reported revenue of $26.2 Billion to $26.3 Billion for the financial year 2022.
What is the target price for Salesforce?
Stock Price Target CRMHigh$340.00Median$243.30Low$175.00Average$245.94Current Price$188.40
What is the forecast for Salesforce stock?
Operational efficiencies, however, allowed for Salesforce to hike its earnings forecast to a range of $4.74 to $4.76 a share, up from a previous forecast of $4.62 to $4.64 a share. Analysts surveyed by FactSet expect $4.66 a share on revenue of $32.06 billion for the year.
When did Salesforce stock split?
Yes. Salesforce.com conducted a stock split in 2013.