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If Salesforce matches Wall Street's estimates and continues to grow its EPS at a CAGR of 20% from fiscal 2027 to fiscal 2030, it could generate a GAAP profit of $15.20 per share by the final year.
Looking ahead, Salesforce forecast Q2 revenue to be between $9.31 billion to $9.36 billion, representing growth of about 7%. It projected adjusted earnings per share (EPS) of between $2.42 to $2.44.
Salesforce also gave better-than-expected fourth-quarter guidance, projecting fiscal sales between $9.9 billion and $10.10 billion compared to analyst expectations of $10.05 billion.
Is Salesforce stock a buy right now? Right now, Salesforce shares trade at a forward price-to-earnings (P/E) multiple of 28.5. This is a healthy premium compared to the S&P 500 's forward P/E of 22.9.
Investors are betting big on its continued growth, valuing the stock at a premium price-to-earnings ratio of 63 at the moment. Optimism is high, but I think it is time to zig while others are zagging.
Its forecast and consensus analyst estimates call for growth in the range of 7% to 9% for the full year. ... Salesforce stock now has a forward P/E ratio of 23 and price-to-free-cash-flow ratio of ...
Bolstering this bullish argument is consulting firm McKinsey's expectation that demand for lithium -- regardless of its price -- is set to grow at an annualized pace of more than 30% through 2030 ...
Salesforce's (NYSE: CRM) stock price plunged 20% on May 30 after the company released its latest earnings report, marking its steepest one-day decline in 20 years. For the first quarter of fiscal ...