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Salesforce Analysts Cut Their Forecasts After Q2 Results

1. Salesforce's Q2 earnings exceeded expectations, with $10.24 billion revenue. 2. FY2026 revenue guidance raised to $41.1-$41.3 billion, surpassing estimates. 3. Q3 revenue guidance midpoint missed analyst estimates at $10.24-$10.29 billion. 4. Analysts adjusted price targets downward but maintained generally positive ratings. 5. Salesforce shares fell 5% post-announcement, currently trading at $243.60.

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FAQ

Why Neutral?

The earnings beat was offset by weaker Q3 guidance and price target cuts.

How important is it?

While the earnings beat is positive, downward revisions dampen future outlook.

Why Short Term?

Investors may react to Q3 guidance, impacting price in the immediate future.

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