In the closing of the recent trading day, Salesforce.com (CRM) stood at $245.33, denoting a +2.04% move from the preceding trading day.
Salesforce reportedly told customers Tuesday (Oct. 7) that it won't pay a ransom demanded by a hacking group that threatened to publish client data it claims to have stolen. The company won't negotiate or pay any extortion demand, Bloomberg reported Tuesday, citing a Salesforce email and comments from a company spokesperson.
I'm upgrading Salesforce to a "Strong Buy," as the market underestimates the coming acceleration in growth from Agentforce adoption. Despite current modest revenue growth, CRM's profitability, strong balance sheet, and shareholder returns signal a transformed, disciplined company. Agentforce is already delivering internal efficiency gains, and I expect rapid customer adoption to drive a tipping point in top-line growth.
A notorious predominantly English-speaking hacking group has launched a website to extort its victims, threatening to release about a billion records stolen from companies who store their customers' data in cloud databases hosted by Salesforce.
VEEV's Vault CRM is gaining traction with top biopharma firms like Merck, Gilead, and BMS, signaling its rise as the industry's commercial standard.
Salesforce, Inc. - Special Call Company Participants Emmanuel Schweitzer Presentation Emmanuel Schweitzer Good morning, everyone. This is Emmanuel.
Recently, Zacks.com users have been paying close attention to Salesforce.com (CRM). This makes it worthwhile to examine what the stock has in store.
Salesforce stock (NYSE: CRM) ought to be on your radar. Here's why – it is presently trading within the support range ($233 – $257), prices at which it has rebounded significantly in the past.
Salesforce upgraded to Buy as agentic AI adoption and Data Cloud growth signal long-term potential despite near-term monetization challenges. Q2 results showed revenue acceleration and strong EPS growth, but guidance for Q3 and FY2026 remains cautious, reflecting lingering demand concerns. CRM's forward P/E of 21.68 is significantly below the IT sector median, presenting an attractive entry point for patient investors.
Analysts' sentiment and downgrades can significantly impact a stock price, helping it to correct or even sustain downtrends despite otherwise bullish indications. The main point to remember is that downgrades and price target reductions are generally based on the overall market conditions.
Explore Salesforce.com's (CRM) international revenue trends and how these numbers impact Wall Street's forecasts and what's ahead for the stock.
Salesforce, Inc. (NYSE:CRM ) Q2 Product & Innovation Overview Webinar Company Participants Michael Spencer - Executive Vice President of Investor Relations Madhav Thattai Raveendrnathan Loganathan Joseph Inzerillo Andy White Anna Le Presentation Michael Spencer Executive Vice President of Investor Relations Good morning. Thank you for joining us.