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Salesforce Q3 Earnings Preview: A Cloud Success Story
Monday, November 20, 2017 - 11:15am | 796Read More...The software name salesforce.com, inc. (NYSE: CRM) is a consistent performer on fundamentals as well as from a stock perspective. With cloud mania sweeping tech, the company moved quickly to capitalize on the trend, offering a software-as-a-service, or SaaS, through the cloud platform....
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Salesforce Partners With Google: Everything You Should Know
Wednesday, November 8, 2017 - 4:32pm | 421Read More...The cloud segment saw a major shakeup this week after salesforce.com, inc. (NYSE: CRM) and Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL) confirmed a new partnership. As part of the agreement, Google's office software suite will be integrated into Salesforce's core platform, while Google...
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What Wall Street Thinks About Salesforce's Q2 Earnings
Wednesday, August 23, 2017 - 3:15pm | 674Read More...Salesforce.com, inc. (NYSE: CRM) hit a new all-time high of $94.63 Wednesday after the company managed to report a top and bottom-line beat in its second-quarter earnings. With the stock up more than 35 percent since the start of 2017 alone, are analysts optimistic there is room for further gains...
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Marc Benioff Talks Earnings: It's All About CRM And Salesforce Is Leading The Way
Wednesday, August 23, 2017 - 10:31am | 508Read More...The cloud is the "single most transformative technology in enterprise software today" and leading the charge is Marc Benioff. Benioff, CEO of salesforce.com, inc. (NYSE: CRM), explained during an interview with CNBC's Jim Cramer that not only is Salesforce a leading player in the...
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Salesforce Falls Despite Q2 Earnings Beat
Tuesday, August 22, 2017 - 4:32pm | 211Read More...Salesforce.com, inc. (NYSE: CRM) shares sank despite delivering a record second-quarter earnings and sales beat. Salesforce reported Q2 adjusted earnings of 33 cents per share, beating estimates by a penny. Sales came in at $2.56 billion, representing a 26 percent year-over-year growth rate and...
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All The Price Targets And Ratings On Salesforce Ahead Of Its Q2 Report
Tuesday, August 22, 2017 - 2:00pm | 479Read More...Salesforce.com, inc. (NYSE: CRM) hit a new all-time high of $93.32 Tuesday just hours before its second-quarter earnings release. Momentum is certainly on the stock's side as it is up more than 35 percent since the start of 2017. Heading into the print, analysts at Credit Suisse commented that...
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The Party's Just Getting Started For Salesforce
Tuesday, May 16, 2017 - 9:17am | 353Read More...According to analysts at Stifel, salesforce.com, inc. (NYSE: CRM)'s 31-percent gain since the start of 2017 is just the beginning. Stifel's Tom Roderick maintains a Buy rating and $100 price target on salesforce's stock, noting that the current environment is "rewarding consistency and fundamental...
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Salesforce The 'Most Attractive Stock' In Its Universe, Says Piper Jaffray
Friday, May 12, 2017 - 12:43pm | 379Read More...Shares of salesforce.com, inc. (NYSE: CRM) hit a new all-time high of $88.04 Friday morning, partly in reaction to an encouraging sell-side report. Piper Jaffray's Alex Zukin maintained an Overweight rating on Salesforce's stock with an unchanged $100 price target, and labeled the company...
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A Clear And Sunny Forecast For Salesforce's Q4 On Expected Cloud Strength
Friday, February 17, 2017 - 12:02pm | 370Read More...Alex Zukin of Piper Jaffray maintains a bullish stance on salesforce.com, inc. (NYSE: CRM) ahead of the company's earnings report on February 28. Salesforce's stock soared after its third-quarter earnings report back in November, and investors are hoping for a repeat performance. Zukin commented in...
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Leaked Emails Suggest Twitter Was Never On Salesforce's M&A Radar
Wednesday, October 19, 2016 - 10:20am | 372Read More...Salesforce.com, inc. (NYSE: CRM) was looking at more than a dozen potential acquisition targets...a list that didn't include Twitter Inc (NYSE: TWTR). The Wall Street Journal reported Salesforce sent an internal slide presentation to its board members, which includes former Sectary of State...
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Salesforce Investors Appear To Be Very Happy With Latest Twitter News
Monday, October 10, 2016 - 10:36am | 297Read More...Shares of salesforce.com, inc. (NYSE: CRM) traded as low as $66.77 on October 5 as the company was said to be interested in acquiring Twitter Inc (NYSE: TWTR). Salesforce's investors clearly demonstrated their frustration by selling the company's stock. Meanwhile, Twitter's...
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Salesforce: A 'Launching Pad For Other Companies'
Monday, October 3, 2016 - 2:19pm | 310Read More...salesforce.com, inc. (NYSE: CRM) will host its annual customer conference called Dreamforce, which will not only puts its own technology in the spotlight but also show how it plays a vital role in helping other companies achieve success. According to CNBC, two of the event's top sponsors...
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Why Would Salesforce Or Google Want Twitter?
Friday, September 23, 2016 - 11:21am | 446Read More...Shares of Twitter Inc (NYSE: TWTR) were trading higher by nearly 20 percent Friday following a CNBC report the company is in discussions to sell itself to salesforce.com, inc. (NYSE: CRM), Alphabet Inc (NASDAQ: GOOG), among other unnamed technology companies. Here is a look back at what Recode...
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Oppenheimer Says Salesforce's Q2 Just A Transitory Quarter, Not A Harbinger Of Doom
Thursday, September 1, 2016 - 1:42pm | 452Read More...Shares of salesforce.com, inc. (NYSE: CRM) were trading lower by more than 6 percent on Thursday as some investors seemed to think a deceleration in the U.S. business implies an abrupt end to its growth story. Brian Schwartz of Oppenheimer certainly isn't in that camp. In a research report the...
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Oracle Versus Salesforce: Trip Chowdhry Says Salesforce's Woes Are 'Fixable'
Monday, August 22, 2016 - 1:35pm | 447Read More...How does salesforce.com, inc. (NYSE: CRM)'s business stack up to the much larger Oracle Corporation (NYSE: ORCL)? According to Global Equities Research's Trip Chowdhry, salesforce is in an "uncomfortable position" compared to its peer, as it is "technology light and marketing heavy" and faces near...














