Latest Articles
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Salesforce Stock Is Undervalued
Salesforce stock (NYSE: CRM) has gained 67% YTD, as compared to the 17% rise in the S&P500 over the same period. Further, at its current price of $221 per share, it is trading 8% below its fair value of $242 – Trefis’ estimate for Salesf...
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Salesforce Stock To Edge Past The Consensus In Q1
Salesforce (NYSE: CRM) is scheduled to report its fiscal Q1 2024 results on Wednesday, May 31, 2023. We expect Salesforce to edge past the consensus estimates. The company surpassed the street expectations in the last quarter, with total revenu...
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Salesforce Stock Is Trading Below Its Fair Value
Salesforce stock (NYSE: CRM) has gained 35% YTD, as compared to the 2% rise in the S&P500 over the same period. Further, at its current price of $179 per share, it is trading 18% below its fair value of $219 – Trefis’ estimate for Salesf...
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What To Expect From Salesforce Stock In Q4?
Salesforce (NYSE: CRM) is scheduled to report its fiscal Q4 2023 results on Wednesday, March 1, 2023. We expect Salesforce to beat the consensus estimates of earnings, while revenue will remain in line (just above) with the expectations. The c...
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What To Expect From Salesforce Stock In Q3?
Salesforce (NYSE: CRM) is scheduled to report its fiscal Q3 2023 results on Wednesday, November 30. We expect Salesforce to edge past the consensus estimates of revenues and earnings. The company surpassed the street expectations in the last q...
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Forecast Of The Day: Salesforce Cloud-Based CRM Revenue
What? Salesforce (NASDAQ:CRM) Cloud-Based Customer Relationship Management Revenue rose from around $9.6 billion in 2019 to $13.7 billion in 2021. Trefis expects the metric to grow to about $19 billion by 2023. Why? We expect growth to be dri...
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What To Expect From Salesforce Stock?
Salesforce stock (NYSE: CRM) has lost roughly 41% YTD, as compared to the 20% drop in the S&P500 over the same period. Further, at its current price of $150 per share, it is trading 33% below its fair value of $224 – Trefis’ estimate for ...
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Salesforce To Post Mixed Results in Q2?
Salesforce (NYSE: CRM) is scheduled to report its fiscal Q2 2023 results on Wednesday, August 24. We expect Salesforce to edge past the consensus estimates of earnings, while revenues will likely miss the mark by a small margin. The company po...
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Salesforce Stock Gained 17% In A Week, What To Expect?
Salesforce’s stock (NYSE: CRM) has gained 17% in the last week, outperforming the S&P 500 (up 0.7%). Further, the same trend was observed over the last ten days (17% vs 4.7%) and one month period (10% vs 1.1%). The company, a market lea...
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Salesforce Stock To Edge Past The Estimates In Q1?
Salesforce (NYSE: CRM) is scheduled to report its fiscal Q1 2023 results on Tuesday, May 31 (after market close). We expect Salesforce to edge past the consensus estimates of revenues and earnings. The company, a market leader in customer relat...
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Salesforce Stock Gained Almost 2% In One Week, What To Expect?
Salesforce stock (NYSE: CRM) has gained 1.7% in the last week, outperforming the S&P 500 (up 0.2%). Further, the same trend was observed over one month (7.8% vs 5.7%). The recent volatility in software stocks is due to lower demand for ser...
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Forecast Of The Day: Salesforce Cloud-Based CRM Revenue
What? Salesforce.com (NYSE:CRM) Cloud-Based CRM Revenue rose from $11.5 billion in FY’20 to about $13.7 billion in FY’21. Trefis expects the metric to grow to close to $20 billion by FY’23. Why? We expect revenues to rise du...
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Salesforce.com’s Stock To Rise After Recent Fall?
Salesforce.com’s stock (NYSE: CRM) declined by 4.8% in the last twenty-one trading days. In comparison, the broader S&P500 index fell by 2% over the same period. The stock has seen declining trends since December due to a sell-off fir...
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Should You Enter Salesforce.com’s Stock After Its Fall Last Month?
Salesforce.com’s stock (NYSE: CRM) declined by 11% in the last twenty-one trading days. In comparison, the broader S&P500 index fell by only 1.2% in the last twenty-one trading days. The stock had fallen in December 2021 after news of...
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Salesforce.com’s Stock Fell By 13% Last Month, What Next?
Salesforce.com’s stock (NYSE: CRM) declined by 13% in the last twenty-one trading days. In comparison, the broader S&P500 index fell by only 0.05% over the same period. The stock fell after its Q3 FY 2022 (ended Oct 2021) earnings, du...
