Major U.S. equities indexes advanced on Thursday as a report showed a month-over-month decline in private-sector hiring in August. The latest signal of a cooling labor market came a day before the release of the August jobs report by the Bureau of Labor Statistics.
Steve Koenig says the focus on Salesforce (CRM) was "all about guidance," which didn't deliver enough for investors. He argues the lack of a guidance raise above Wall Street's estimates shows there's "pockets of weakness" for the software company.
Salesforce Inc (NYSE:CRM, ETR:FOO) reported record second quarter fiscal 2026 results that exceeded expectations across revenue and earnings, but the company's shares fell on conservative guidance for the third quarter. Revenue for the quarter ended July 31, 2025, was $10.2 billion, an increase of 10% year-over-year and 9% in constant currency, surpassing analyst estimates of $10.14 billion.
Salesforce faces immense skepticism over its AI leadership and light guidance, despite enthusiastic commentary by management. In CRM's Q2 release, management unloaded several key AI growth initiatives, but its outlook fails to provide the glimmer that its commentary deserves. CRM's valuation remains well battered, but near-term growth impediments against increasingly valuable AI rivals could persist.
Salesforce stock is presently experiencing downward pressure as investors evaluate its strong operational performance within the context of decelerating growth. Even though the company reported a positive quarter, its revenue forecast slightly fell short of expectations, raising concerns about its future direction.
Salesforce (CRM) shares are sinking 7% in premarket trading Thursday, a day after CEO Marc Benioff called the customer-relationship software firm's soft current-quarter outlook "appropriately conservative."
Salesforce's revenue growth is slowing, but this is expected, due to its size and history of rapid expansion. The company is shifting focus to sustainable profit growth, with rising margins and a potentially large dividend yield in the future. Valuation is reasonable, even cheap, and buybacks during market drawdowns will boost EPS growth.
Salesforce, Inc. - Special Call Company Participants Martin Priest Cheryl Cochran Conference Call Participants Chad Best Presentation Martin Priest Hi, everybody. Good morning, good afternoon, good evening.
Salesforce, Inc. (NYSE:CRM ) Q2 2026 Earnings Call September 3, 2025 5:00 PM EDT Company Participants Michael Spencer - Executive Vice President of Investor Relations Marc Benioff - Co-Founder, Chairman & CEO Robin Washington - President, Chief Operating & Financial Officer and Director Srinivas Tallapragada - President, Chief Engineering & Customer Success Officer Miguel Milano - President & Chief Revenue Officer Conference Call Participants Kasthuri Rangan - Goldman Sachs Group, Inc., Research Division Keith Weiss - Morgan Stanley, Research Division Brent Thill - Jefferies LLC, Research Division S. Kirk Materne - Evercore ISI Institutional Equities, Research Division Mark Murphy - JPMorgan Chase & Co, Research Division Raimo Lenschow - Barclays Bank PLC, Research Division Presentation Operator Good afternoon, everyone.
Salesforce Co-Founder, Chair, and CEO Marc Benioff joins 'Mad Money' host Jim Cramer to talk quarterly results, AI integration, rolling out AI agents, and more.
Salesforce CEO Marc Benioff joins 'Mad Money' host Jim Cramer to talk quarterly results, AI integration, rolling out AI agents, and more.
While the top- and bottom-line numbers for Salesforce.com (CRM) give a sense of how the business performed in the quarter ended July 2025, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.