salesforce.com (CRM) PT Lowered to $295 at Citi
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Salesforce Reports Record First Quarter Fiscal 2026 Results
May 28, 2025 4:02 PM EDTExceeds Guidance Across All Metrics; cRPO up 12% Y/Y
SAN FRANCISCO--(BUSINESS WIRE)-- Salesforce (NYSE: CRM), the world's #1 AI CRM, today announced results for its first quarter fiscal 2026 ended April 30, 2025.
Results
First quarter revenue of $9.8 billion, up 8% both year-over-year ("Y/Y") and in constant currency ("CC") First quarter subscription & support revenue of $9.3 billion, up 8% Y/Y and 9% in CC Current remaining performance obligation of $29.6 billion, up 12% Y/Y and 11% in CC First quarter GAAP operating margin of 19.8%... MoreJohnson Fistel Investigates Fairness of Proposed Sale of Informatica
May 27, 2025 10:12 AM EDTSan Diego, California--(Newsfile Corp. - May 27, 2025) - Johnson Fistel, PLLP has launched an investigation into whether the board members of Informatica (NYSE: INFA) breached their fiduciary duties in connection with the proposed sale of the Company to Salesforce (NYSE: CRM).
On May 27, 2025, Informatica announced the execution of a definitive agreement with Salesforce for the acquisition of all outstanding shares of Informatica, wherein shareholders would receive a cash consideration of $25.00 per share. This valuation is notably less than the historical highs of Informatica's stock, which reached $31.65 within the last twelve... More
Salesforce Signs Definitive Agreement to Acquire Informatica
May 27, 2025 8:00 AM EDTSAN FRANCISCO & REDWOOD CITY, Calif.--(BUSINESS WIRE)-- Salesforce (NYSE: CRM), the worlds #1 AI CRM, and Informatica (NYSE: INFA), a leader in enterprise AI-powered cloud data management, have entered into an agreement for Salesforce to acquire Informatica for approximately $8 billion in equity value, net of Salesforces current investment in Informatica. Under the terms of the agreement, holders of Informaticas Class A and Class B-1 common stock will receive $25 in cash per share.
The planned acquisition will enhance Salesforces trusted data foundation critical for deploying... More
