Salesforce Announces Third Quarter Fiscal 2025 Results

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salesforce.com (CRM) PT Raised to $440 at BofA Securities

December 4, 2024 9:10 AM EST

BofA Securities analyst Brad Sills raised the price target on salesforce.com (NYSE: CRM) to $440.00 (from $390.00) while maintaining a Buy rating.

The analyst comments "Q3 results suggest that the company is leading the way in agentic AI cycle with Agentforce. Commentary on pipeline... More

salesforce.com (CRM) PT Raised to $380 at JPMorgan

December 4, 2024 6:52 AM EST

JPMorgan analyst Mark Murphy raised the price target on salesforce.com (NYSE: CRM) to $380.00 (from $340.00) while maintaining a Overweight rating.

The analyst comments "As a reminder, in our Salesforce FQ3 (Oct) partner survey (presentation here and video call here) we pointed out that essentially all survey metrics regained some ground, although not suggesting that the demand... More

salesforce.com (CRM) PT Raised to $400 at Goldman Sachs

December 4, 2024 5:58 AM EST

Goldman Sachs analyst Kash Rangan raised the price target on salesforce.com (NYSE: CRM) to $400.00 (from $360.00) while maintaining a Buy rating.

The analyst comments "We reiterate our Buy rating and raise our 12-month PT to $400 (from $360) as Agentforce and Data Cloud drive notable pipeline generation. CRM is +10% AH after delivering solid F3Q25 results and F4Q25 guidance, as managements commentary... More

salesforce.com (CRM) PT Raised to $420 at Evercore ISI

December 4, 2024 5:51 AM EST

Evercore ISI analyst Kirk Materne raised the price target on salesforce.com (NYSE: CRM) to $420.00 (from $400.00) while maintaining a Outperform rating.

The analyst comments "Bottom line: CRM delivered solid F3Q results with revenue +8% in c/c vs us/Street +7% a touch above and EPS ($2.41 vs us/Street $2.43/$2.44) was in line, though impacted by a negative $0.18 from losses on strategic investments. Further, CRPO growth of 10%/10% in c/c vs. Street estimates of ~9% was nicely ahead of... More

salesforce.com (CRM) PT Raised to $425 at Raymond James

December 4, 2024 5:15 AM EST

Raymond James analyst Brian Peterson raised the price target on salesforce.com (NYSE: CRM) to $425.00 (from $350.00) while maintaining a Strong Buy rating.

The analyst comments "Were reiterating our Strong Buy on shares of Salesforce following another healthy beat and raise quarter,... More

Raymond James Comments on salesforce.com (CRM) Earnings

December 3, 2024 4:40 PM EST

Raymond James analyst Brian Peterson reiterated a Strong Buy rating and $350.00 price target on salesforce.com (NYSE: CRM).

The analyst comments "Quick Thoughts: Shares are up ~4% in after hours trading with the health top-line and RPO beat for the quarter, with the 4Q growth... More