Latest Articles
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Company Of The Day: Salesforce.com
What? Salesforce.com (NYSE:CRM) posted a strong set of results for Q1 FY’22, with revenue rising 23% year-over-year to $5.96 billion. The company also raised revenue guidance for FY’22 to between $25.9 billion and $26 billion, marki...
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Salesforce.com’s Stock To Rise With An Earnings Beat?
Salesforce.com (NYSE: CRM) is scheduled to report its fiscal Q1 2022 (ended April 2021) results on Thursday, May 27. We expect CRM to beat the consensus estimates for revenues and earnings. The company has reported better than expected revenue...
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What Is The Likelihood Of Salesforce Stock Rising Post Earnings?
Salesforce’s stock (NYSE: CRM) fell by 2.9% over the last five trading days. In comparison, the broader S&P500 was flat over the last five trading days. The company will report FY 2021 (ended January 2021) earnings on February 25, 2021. Now...
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Does Salesforce.com’s Stock Have 25% Growth Potential?
[Updated 12/23/2020] Salesforce Update Having gained more than 24% in FY 2021 (FY ends in January), Salesforce.com’s stock (NYSE: CRM) still has further growth potential. CRM’s stock has rallied from $182 to $226 in FY 2021 compared to...
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Blackbaud Stock Can See 20% Upside
We believe that Blackbaud’s stock (NASDAQ: BLKB) still has more than 20% upside once the fear around the pandemic subsides. Blackbaud, a cloud computing provider, saw its stock lose around 33% in value so far this year. It traded at a pre...
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Online Educator 2U To Benefit From Closed Campuses
After a 127% rally post 23rd March, we believe 2U Inc. stock (NASDAQ: TWOU) has moderate upside based on its valuation. 2U’s stock has rallied from $17 to $38 off the recent bottom compared to the S&P which moved 51%. One of the reasons for...
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Has Salesforce’s Stock Peaked?
After a 45% rise since the March 23 of this year, at the current price of around $203 per share, we believe Salesforce.com’s stock (NYSE: CRM) has no upside left. Salesforce’s stock has increased from $140 to $203 off the recent botto...
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Cloudera Or Altair Engineering, Which To Choose?
Altair Engineering’s stock (NASDAQ: ALTR) is up by 39% since December 2018. On the other hand, peer Cloudera’s stock (NYSE: CLDR) is up merely 8% during the same period. This, despite the fact that Cloudera’s revenue growth for FY 20...
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Up 20% In 3 Weeks, Is Salesforce Stock Still Attractive?
After an almost 20% rise in Salesforce.com ’s (NYSE: CRM) stock from $134 on 1 st April 2020 to $163 at the end of 20 th April 2020, we believe that Salesforce’s stock has limited upside potential as it is already in line with the price at ...
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Salesforce.com Stock To Recover Post Coronavirus?
Salesforce.com’s (NYSE: CRM) stock fell about 6% between 8th March 2020 and 24th March 2020 (vs. an 18% decline in the S&P 500), and the stock is down almost 16% since 31st January after the WHO declared a global health emergency in light of ...
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Will Salesforce Revenue Grow By More Than 20% For FY 2020?
Yes, as per Trefis estimates, Salesforce.com ‘s (NYSE: CRM) Total Revenue for FY 2020 (ended January 2020) will be $17 billion, up 28.2% y-o-y. In this $17 billion, Salesforce’s Cloud based CRM business is expected to contribute $11.9...
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Are Cloud CRM Offerings 50%, 70% or 90% of Salesforce.com’s Stock?
Salesforce.com (NYSE: CRM) makes money through the sale of software for customer relationship management (CRM), and competes with Adobe, Oracle, Intuit, and SAP, among others. Trefis highlights the various segments that constitute Salesforce.co...
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Making Sense Of Salesforce.com’s Cash Flow From Operations Figure
Salesforce.com (NYSE: CRM) is one of the most well-known cloud CRM companies, and has grown considerably over the years through several targeted acquisitions. While this has driven revenue growth, the risk in the company has also expanded signif...
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Why Did Elastic Stock See A Big Correction Last Week?
Elastic (NYSE: ESTC) is a company that primarily sells software as a service (SaaS) solutions that cater to search, logging, security, and analytics applications. While Elastic has been posting robust growth (revenues projected to rise ~50% in FY...
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Can Salesforce’s Acquisition of Tableau Reduce Annual Operating Expense In the Next 3 Years?
Trefis estimates that the Tableau acquisition will decrease Salesforce.com ‘s (NYSE: CRM) Operating expenses (after adding Tableau) to a total of $155 million over the next 3 years. We will discuss this below in detail. You can view our int...
