Browsing: earnings

Salesforce, Inc. $CRM reported second-quarter fiscal 2027 revenue of $11.3 billion, up 10.8% from a year earlier and slightly below the $11.4 billion estimate. Gross profit rose to $8.7 billion, while operating profit was essentially flat at $2.3 billion.

Salesforce Inc CRM released its 8-K filing on August 26, 2026, announcing impressive financial results for its second quarter of fiscal 2027, which ended on July 31, 2026. As a leader in enterprise cloud computing solutions, Salesforce offers Customer Relationship Management (CRM) technology that connects companies to their customers through its Customer 360 platform.

Citizens is heading into Salesforce Inc. (NYSE:CRM)’s fiscal second-quarter 2027 print with a bullish view. The firm reiterated a Market Outperform rating on the stock with a $315.00 price target, citing positive industry checks. As per the firm, 50% of checks came positive in Q2 compared to 22% in the first quarter of fiscal 2027.