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Salesforce maintained its full-year revenue forecast, with revenue expected to be between $37.7 billion and $38 billion, representing 8% to 9% growth. It continues to project that subscription and ...
On the contrary, Salesforce stock now has a forward P/E ratio of 23 and price-to-free-cash-flow ratio of 20. Those are low compared to many of its large-cap enterprise software peers.
While Salesforce's stock price lost some ground during the third quarter, it has continued to move higher and closed trading at $221.18 on Tuesday. (Reporting by Svea Herbst-Bayliss; Editing by ...
The S&P 500 is a stock market index maintained by S&P Dow Jones Indices. It comprises 503 common stocks which are issued by 500 large-cap companies traded on American stock exchanges (including the 30 companies that compose the Dow Jones Industrial Average). The index includes about 80 percent of the American market by capitalization.
Website. us.spindices.com /indices /equity /dow-jones-industrial-average. The Dow Jones Industrial Average (DJIA), Dow Jones, or simply the Dow (/ ˈdaʊ /), is a stock market index of 30 prominent companies listed on stock exchanges in the United States. The DJIA is one of the oldest and most commonly followed equity indexes.
After last week's sell-off, Salesforce's stock is now down 10% in 2024.
Journalists covering the acquisition emphasized the price Salesforce paid for Slack, which was a 54% premium compared to Slack's market value. [29] [better source needed] In April 2022, "Salesforce.com, Inc." changed its legal name to "Salesforce, Inc." [30] In August 2022, Salesforce reported second-quarter earnings of $7.72 billion.
A truce with activist investor Elliott Management, the unveiling of buzzy new AI services, and long-hoped-for price increases on key products have put Salesforce stock back in the good graces of ...