After the performance of Salesforce (CRM.US), Wall Street opinions are divided: Evercore ISI and Goldman Sachs are optimistic, while Bank of America is pouring cold water.
According to the WiseFinance APP, benefited from the strong growth in cloud computing spending and the accelerated commercialization process of its artificial intelligence (AI) agent platform, the global leading customer relationship management software provider Salesforce (CRM.US) announced better-than-expected first-quarter performance and raised its revenue guidance for the fiscal year 2026. The financial report shows that the company's first-quarter revenue increased by 8% year-on-year to $9.8 billion, with a backlog of $60.9 billion, adjusted earnings per share of $2.58, exceeding market expectations. According to the latest forecast, the company's revenue in the fiscal year ending January 2026 is expected to reach $41 billion to $41.3 billion, up from the previous forecast of $40.5 billion to $40.9 billion.
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