Reported about 15 hours ago
Salesforce is set to release its fiscal first-quarter results on Wednesday, and analysts are generally optimistic about the company's stock. Out of 23 analysts surveyed, 18 recommend a 'buy,' highlighting Salesforce's robust growth potential despite current macroeconomic uncertainties. The company is projected to report a revenue increase to $9.75 billion, with adjusted earnings per share expected to rise as well. While Oppenheimer lauds Salesforce’s strong AI platform, Agentforce, analysts from Citi are more cautious, awaiting further data on the AI's commercial viability.
Source: YAHOO