One of the leading AI stocks throughout the latest bull market, Salesforce CRM is set to report fourth-quarter earnings results on Wednesday after the closing bell. A leading provider of on-demand Customer Relationship Management (CRM) software, Salesforce is currently a Zacks Rank #2 (Buy) stock.
Salesforce has surpassed the earnings mark in three of the past four quarters. But with many technology stocks showing weakness lately, is CRM stock a buy?
Find the latest EPS estimates and surprises on Zacks Earnings Calendar.
The company is expected to post a Q4 profit of $2.60 per share, reflecting growth of 13.5% versus the same quarter last year. Estimates for the quarter have declined by 0.38% over the past 60 days. Revenues are projected to rise 8.1% to $10.04 billion.
CRM shares are off to a rough start in 2025, shedding about 7% thus far. Our proprietary Zacks Model does not conclusively predict another earnings beat for the upcoming announcement. As always, investors should exercise caution ahead of earnings releases as stocks can be volatile.
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Salesforce Inc. (CRM) : Free Stock Analysis Report
This article originally published on Zacks Investment Research (zacks.com).
Zacks Investment Research
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.