StockNews.AI
CRM
Benzinga
82 days

These Analysts Revise Their Forecasts On Salesforce Following Q1 Results

1. Salesforce's Q1 revenue of $9.83 billion surpassed estimates. 2. Adjusted earnings were $2.58 per share, beating expectations. 3. Increased Q2 revenue guidance hints at continued growth potential. 4. Analysts varied in their responses, with target adjustments post-earnings. 5. Overall stock price dipped slightly amidst mixed analyst ratings.

4m saved
Insight
Article

FAQ

Why Neutral?

While Salesforce beat earnings, analyst downgrades suggest caution for investors.

How important is it?

Earnings surprise and guidance boosts expectations but tempered by analyst downgrades.

Why Short Term?

Analyst revisions and earnings may affect stock in upcoming quarters.

Related Companies

Related News