Salesforce's Q2 revenue increased 10.7%, EPS reached $2.44, exceeding analysts' estimates.
Salesforce's stock has received a "Moderate Buy" average recommendation from analysts, with a target price of $292.79. The tech firm, traded as CRM on NYSE, reported a 10.7% increase in Q2 revenue and a Q2 EPS of $2.44, surpassing analysts' estimates. Salesforce's market cap is $232.6bn, with a P/E ratio of 43.17, and a beta of 1.29. Analysts' opinions have varied, with Wells Fargo cutting its target price from $300 to $250 and DA Davidson dropping their target price from $300 to $230.
August 08, 2024
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