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Stock impact report

Salesforce: A Week After Earnings, the Market Has Spoken [Yahoo! Finance]

Salesforce, Inc. (CRM) 
Last salesforce, inc. earnings: 2/25 04:06 pm Check Earnings Report
Company Research Source: Yahoo! Finance
Key Points Salesforce shares have rebounded nearly 15% from their pre-earnings low, having fallen 50% from last year's highs. Despite growing fears that artificial intelligence will disrupt traditional software companies, Salesforce remains the dominant enterprise CRM platform. Analysts remain firmly bullish, with Needham's $400 price target highlighting roughly 100% in potential upside. Interested in Salesforce Inc.? Here are five stocks we like better. Software giant Salesforce Inc (NYSE: CRM) has spent the past year on the defensive in a major way. Its shares fell as much as 50% from last year's highs before recovering and currently trade right around $200, reflecting widespread concerns that artificial intelligence (AI) could disrupt parts of the company's traditional business model. These concerns are not specific to Salesforce by any measure, but the company has been one of the more visible victims of the shift in sentiment. Yet Salesforce's latest earnings report, Show less Read more
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