The company is focused on improving the monetization of its Agentforce platform, which uses AI to automate business tasks.
Salesforce (CRM) lifted its full-year outlook as its quarterly earnings exceeded analysts' expectations.
Salesforce beat expectations and raised guidance. On Tuesday the company said it has agreed to pay $8 billion for data management software maker Informatica, which would be its largest deal since Slack in 2021.
Salesforce Inc (NYSE:CRM, ETR:FOO) shares moved higher in after-hours trade as the customer relationship management platform's first quarter fiscal 2026 financial results topped Wall Street estimates and it boosted its full-year revenue outlook. The company reported earnings per share (EPS) of $2.58, higher than the consensus estimate of $2.54.
Salesforce (CRM) on Wednesday afternoon reported fiscal first-quarter 2026 financial results. A summary of its key numbers is below.
Let's see in detail CRM's fiscal Q1 earnings expectations, long-term growth drivers, and how to trade the stock post-earnings release.
CRM's $8 billion Informatica buyout move sharpens AI focus, supporting a hold rating amid soft revenue growth and underperforming stock.
Key Takeaways
CRM to acquire INFA for $8B to boost AI and data tools. Shares rise, ETFs like IGV, REX, FDN and DAT with exposure to both firms stand to gain.
Salesforce is trying to revive strong revenue growth by augmenting existing software.
Salesforce (CRM) is scheduled to report fiscal first-quarter results after the closing bell Wednesday, with analysts largely bullish on the cloud software company's stock.
Salesforce Inc (NYSE:CRM, ETR:FOO)'s planned $8 billion acquisition of data management software firm Informatica is a “smart and strategic” move that comes at the right moment to accelerate its artificial intelligence (AI) strategy, according to Wedbush. In a note Tuesday, Wedbush called the deal a key step in Salesforce's push to help enterprises better manage proprietary data used to build and train AI models.