Salesforce Reports Q1 Earnings After Close; AI Unit Growth Eyed Amid Core Revenue Lag
CRM is trading near its 52-week low of $163.52 (9.9% above the low).
Summary
Salesforce is set to report its first-quarter earnings after market close today. The market is keenly focused on the growth of its AI-driven units, such as Agentforce and Data Cloud, to offset slower core revenue and enterprise software demand. This report follows recent pressure on Salesforce to demonstrate meaningful monetization from its AI investments. Traders will be comparing the actual results against Street expectations of $11.05 billion in revenue and $3.13 adjusted EPS.
At the time of this announcement, CRM was trading at $179.73 on NYSE in the Technology sector, with a market capitalization of approximately $146.5B. The 52-week trading range was $163.52 to $280.74. This news item was assessed with neutral market sentiment and an importance score of 8 out of 10. Source: Wiseek News.