VEEV heads into Q2 with Falcon AI, Vault CRM wins and R&D Cloud growth in focus as revenue and EPS estimates point to double-digit gains.
ServiceNow's expanded Tech Mahindra deal aims to scale enterprise AI, strengthen governance and support AI monetization amid rising competition.
CRM heads into Q2 earnings with 10.6% revenue growth expected as AI cloud demand, acquisitions and disciplined spending support results.
Salesforce shares have extended their rally and are now testing a key resistance zone as traders turn their attention to Wednesday's earnings report. CRM has climbed into the $210 area this week, a level that lines up with the stock's high point back in June, making it a natural spot to watch for how price reacts.
Salesforce is positioned as a buy ahead of Q2 earnings, driven by modest valuation and technical breakout. CRM trades at 4x revenue and 14x PE, with limited optimism priced in, suggesting potential for upside surprise. The company executed a $27.5 billion share buyback, reducing shares outstanding by 12% and establishing valuation support.
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Beyond analysts' top-and-bottom-line estimates for Salesforce (CRM), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended July 2026.
Salesforce is scheduled to report earnings after the closing bell on Wednesday, with the software maker's stock seen potentially reaching its highest point since January following the results.
Salesforce (NYSE:CRM | CRM Price Prediction) and ServiceNow (NYSE:NOW) both reported into a market rotating capital out of AI hardware and into the application layer.
Salesforce (NYSE:CRM | CRM Price Prediction) looks well-positioned ahead of the fiscal Q2 2027 report on August 26, 2026, and the case does not require any imagination.
Salesforce is rated Buy with a $255 price target, reflecting 24% upside potential amid current valuation discounts and robust free cash flow yield. AI disruption fears are overblown due to high enterprise switching costs; CRM's core value lies in its entrenched position and integrated platform. Agentforce and Data 360 ARR are accelerating rapidly, but sustained ramp in Agentforce is critical for boosting overall subscription growth and supporting the bull thesis.
CRM's Agentforce ARR surges 205% as AI usage climbs, deepening CRM integration and strengthening its position in the enterprise AI race.