Long-term KST
Previous Close | 223.38 |
Open | 208.22 |
Bid | 213.00 x 1000 |
Ask | 213.27 x 900 |
Day's Range | 206.06 - 215.35 |
52 Week Range | 126.34 - 225.00 |
Volume | |
Avg. Volume | 6,872,393 |
Market Cap | 208.434B |
Beta (5Y Monthly) | N/A |
PE Ratio (TTM) | 967.73 |
EPS (TTM) | 0.22 |
Earnings Date | Aug 22, 2023 - Aug 28, 2023 |
Forward Dividend & Yield | N/A (N/A) |
Ex-Dividend Date | N/A |
1y Target Est | 228.57 |
Salesforce shares are under pressure after the company saw it's slowest pace of growth in 13 years. RBC Capital Markets Software Equity Analyst Rishi Jaluria breaks down the future what lies for the software giant.
Salesforce reported first-quarter sales and earnings that topped estimates but shares fell as its revenue outlook only edged by views.
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The market was not impressed by its guidance
Salesforce stock is trading lower after the software stalwart's earnings report, which beat consensus expectations.
Investing.com -- The Dow on Thursday kicked off June on a firm footing as investors cheered progress on the debt-ceiling bill with just days to go until the U.S. runs out of money.
Salesforce shares dropped after the cloud-based enterprise software provider reported higher-than-expected spending and warned of changes in customer buying behavior.
On Wednesday evening, Salesforce , another Sarge fave, released the firm's fiscal first quarter financial results that reflected solid performance, yet sold off overnight. For the three month period ended April 30th, Salesforce posted an adjusted EPS of $1.69 $0.20 on revenue of $8.247B. Both these top and adjusted bottom line results beat Wall Street rather handily.
Investing.com -- The S&P 500 climbed Thursday as the U.S. moved closer to averting a default after the House passed a debt-ceiling bill.
The Dow Jones fell Thursday after strong jobs data. Hot AI stock C3.ai crashed 24% after its first-quarter earnings report.
Software giant Salesforce had a blockbuster January quarter. April quarter results weren't quite as impressive.
Stock index futures were up modestly on Thursday morning after the vote late last night, and investors also kept a watch on interest rates to see what a potential massive issuance of new Treasury debt might do to the financial system. Both C3.ai (NYSE: AI) and Salesforce (NYSE: CRM) have announced plans to lead the artificial intelligence revolution forward, yet neither company was able to reassure its investors that it will be able to sustain the growth rates that many have hoped to see. Shares of C3.ai dropped 19% early Thursday morning.
Lidiane Jones wants to make Slack the ultimate "front door" for Salesforce customers.
The House OK'd the debt-limit bill. Salesforce and C3.ai stock led earnings movers late. China EV makers reported May sales.
SAN FRANCISCO, June 01, 2023--Salesforce (NYSE: CRM), the global leader in CRM, announced today that J.P. Morgan has unveiled its new Payments Partner Network – a marketplace powered by Commerce Cloud. The Payments Partner Network features third-party partners that are integrated with the J.P. Morgan Payments platform, making it easy for clients to discover, search, and learn more about relevant J.P. Morgan partner product solutions, unlocking opportunities for growth and efficiency.
Salesforce Inc fell about 7% on Thursday after reporting quarterly revenue that increased at its slowest pace since 2010, with companies cutting back spending on cloud-based software offerings. The enterprise software maker was set to shed nearly $14 billion in market value, based on its share price of $208.40. Salesforce on Wednesday posted its smallest rise in quarterly revenue in 13 years and predicted a further slowdown ahead, blaming an uncertain U.S. economy and weaker demand from financial services and tech companies.
Salesforce's (CRM) better-than-expected first-quarter performance reflects the benefits of accelerated digitalization and rapid adoption of cloud-based solutions.
The pressure on performance at Salesforce has been ramping up since the pandemic has waned—and shows no signs of slowing.
Brazilian-born Microsoft alum Lidiane Jones has a wealth of experience in navigating culture clashes.
Investing.com -- Stocks in focus in premarket trade on Thursday, June 1st. Please refresh for updates.
Investing.com -- Salesforce (NYSE:CRM) reported better-than-expected first-quarter results and revenue guidance for the current quarter that topped expectations. Still, shares trade 5.5% lower in premarket Thursday.
With me on the call today is Marc Benioff, chair and CEO; Amy Weaver, president and chief financial officer; and Brian Millham, president and chief operating officer. As a reminder, our commentary today will include non-GAAP measures.
Salesforce CEO Marc Benioff tells wary investors about next steps for the company's A.I. ambitions, and about his 'neighbor,' OpenAI founder Sam Altman.