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

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

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 $390 at Citi

December 4, 2024 5:03 AM EST

Citi analyst Tyler Radke raised the price target on salesforce.com (NYSE: CRM) to $390.00 (from $368.00) while maintaining a Neutral rating.

The` analayst comments "We attended MIRs Investor Day where MIR highlighted several growth and margin expansion drivers that we think should be... More

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

December 4, 2024 3:24 AM EST

Barclays analyst Raimo Lenschow raised the price target on salesforce.com (NYSE: CRM) to $425.00 (from $415.00) while maintaining a Overweight rating.... More

JMP Securities Reiterates Market Outperform Rating on salesforce.com (CRM)

December 4, 2024 3:21 AM EST

JMP Securities analyst Patrick Walravens reiterated a Market Outperform rating and $450.00 price target on salesforce.com (NYSE: CRM)

The analyst comments: "We maintain our Market Outperform rating and $450 price target on Salesforce after it reported mostly better-than-expected F3Q25 results, with non-GAAP EPS of... More

Salesforce (CRM) Shares Jump 10% After Earnings Call

December 3, 2024 6:52 PM EST

Salesforce (CRM) Shares Jump 10% After Earnings Call

... 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

After-hours movers: Marvell Technology, Salesforce, Okta and more

December 3, 2024 4:38 PM EST

After-Hours Stock Movers:

Marvell Technology (NASDAQ: MRVL) rose 9% after it delivered strong third quarter results and guidance. Net revenue for the third quarter of fiscal 2025 was $1.516 billion, $66.0 million above the mid-point of the Company's guidance provided on August 29,... More

Salesforce's third-quarter revenue beats on strong cloud demand

December 3, 2024 4:08 PM EST

By Zaheer Kachwala

(Reuters) -Salesforce beat Wall Street estimates for third-quarter revenue on Tuesday and raised the lower end of its annual revenue forecast, helped by robust spending on its enterprise cloud portfolio, sending its shares up 8% in extended trading.

Client spending on Salesforce's software products and data cloud has remained healthy as companies seek to streamline and enhance their corporate workflows and process large quantities of data while integrating artificial intelligence.

The... More

Salesforce (CRM) Misses Q3 EPS by 3c, Offers Guidance

December 3, 2024 4:02 PM EST

Salesforce (NYSE: CRM) reported Q3 EPS of $2.41, $0.03 worse than the analyst estimate of $2.44. Revenue for the quarter came in at $9.44 billion versus the consensus estimate of $9.35 billion.

GUIDANCE:

Salesforce sees Q4 2025 EPS of $2.57-$2.62, versus the consensus of $2.65. Salesforce sees Q4... More

Salesforce (CRM) call put ratio 1.2 calls to 1 put into quarter results

December 3, 2024 10:24 AM EST

Salesforce (NYSE: CRM) December 6 weekly call option implied volatility is at 97, December is at 48; compared to its 52-week range of 20 to 52 into the expected release of quarter results today after the bell.

... More

Salesforce is about to report earnings. Here's what analysts will be watching

December 3, 2024 8:30 AM EST

Salesforce (NYSE: CRM) is set to report earnings on Tuesday, December 3, with Deutsche Bank analysts voicing positive remarks ahead of the print, particularly regarding the companys autonomous AI solution Agentforce.

In a recent note to clients, Deutsche analysts raised its price target for Salesforce stock to $365, up from the previous $325. This adjustment reflects optimism about the potential impact of Agentforce on Salesforce's core portfolio, which is expected to drive a top-line growth exceeding 10%. However, the firm advises caution, noting that it is still early days for Agentforce with limited customer... More

Oppenheimer: 'IT Buyer Survey Foretells More Normalized Spending Plans'

December 3, 2024 7:43 AM EST

Oppenheimer: 'IT Buyer Survey Foretells More Normalized Spending Plans'

The analyst comments "Our tenth annual 4Q IT spending strength survey (n=301 buyer interviews) can provide an updated assessment of business conditions through year-end and outlook for next year. The results look constructive through year-end and for 2025 IT budget growth, with essentially the majority of respondents expecting normal spending seasonality this 4Q and similar IT budget growth next year. This suggests an easing of the macro uncertainty pressures alongside... More

IT Buyer Survey Foretells More Normalized Spending Plans - Opco

December 3, 2024 7:34 AM EST

Oppenheimer analyst Brian Schwartz: "Our tenth annual 4Q IT spending strength survey (n=301 buyer interviews) can provide an updated assessment of business conditions through year-end and outlook for next year. The results look constructive through year-end and for 2025 IT budget growth, with essentially the majority of respondents expecting normal... More

Salesforce (CRM) call put ratio 1 call to 1 put into quarter results

December 3, 2024 5:48 AM EST

Salesforce (NYSE: CRM) December 6 weekly 330 straddle priced for a move of 8%. Call put ratio 1 call to 1 put into the expected release of quarter results today after the bell.

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Stocks expected to have increasing option volume: CRM MRVL ZS PSTG BOX SNPS INTC HON TTD ROKU FSLY CNM FIVE

December 3, 2024 5:35 AM EST

Stocks expected to have increasing option volume: CRM MRVL ZS PSTG BOX SNPS INTC HON TTD ROKU FSLY CNM FIVE

... More

salesforce.com (CRM) PT Raised to $300 at DA Davidson

December 3, 2024 5:28 AM EST

DA Davidson analyst Gil Luria raised the price target on salesforce.com (NYSE: CRM) to $300.00 (from $250.00) while maintaining a Neutral rating.

The analyst comments "Coming out of Agentforce Seattle we are maintaining our long term view that Salesforce will... More

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

December 2, 2024 2:04 PM EST

CFRA analyst Aaron Siegel raised the price target on salesforce.com (NYSE: CRM) to $380.00 (from $343.00) while maintaining a Strong Buy rating.

The analyst comments "We increase our 12-month target to $380 from $343, on a higher revised P/E of 30x our CY 26 EPS... More

salesforce.com (CRM) PT Raised to $395 at Piper Sandler, 'F2026 a Transitional Year'

December 2, 2024 12:03 PM EST

Piper Sandler analyst Brent Bracelin raised the price target on salesforce.com (NYSE: CRM) to $395.00 (from $325.00) while maintaining an Overweight rating.

The analyst said: "F2026 is shaping up to be an important transitional year for CRM as it executes on laying the... More

Salesforce (CRM) call put ratio 1.6 calls to 1 put into quarter results

December 2, 2024 11:28 AM EST

Salesforce (NYSE: CRM) December 6 weekly call option implied volatility is at 83, December is at 47; compared to its 52-week range of 20 to 52 into the expected release of quarter results after the bell on December 3.

... More

Salesforce (CRM) call put ratio 1 call to 1.5 puts into quarter results

December 2, 2024 5:45 AM EST

Salesforce (NYSE: CRM) December 6 weekly 330 straddle priced for a move of 8%. Call put ratio 1 call to 1.5 puts.

... More