Browsing: Salesforce

On August 28, 2026, Salesforce Inc CRM reported impressive earnings for the July quarter, leading to a remarkable 23% surge in its stock price. This rally has not only benefited Salesforce but has also positively impacted other software companies such as ServiceNow, Figma, and Asana, which had previously experienced declines.

Salesforce reported fiscal Q2 2027total revenue of $11.3 billion, up 11% year over year. Subscription and support revenue was $10.8 billion, up 12% year over year. This includes a $440 million contribution fromInformaticawhichSalesforce acquired for $8 billionin 2025.

Salesforce (NYSE:CRM – Get Free Report) had its price objective upped by equities research analysts at Morgan Stanley from $185.00 to $235.00 in a note issued to investors on Thursday,Benzinga reports. The brokerage presently has an “equal weight” rating on the CRM provider’s stock. Morgan Stanley’s price objective would suggest a potential downside of 0.02%…

Salesforce stock ripped higher, jumping 22.6% to about US$252 by the close, as investors rushed to reprice what looked like a straightforward software quarter into something bigger. The immediate spark was Q2 FY2027 earnings power. Basic earnings per share landed at US$4.30 on revenue of US$11.35b. That combination put fresh weight behind an already compressed…

SAP SE (NYSE:SAP), Europe’s enterprise-software powerhouse, surged approximately 4.8% to $221.93 Thursday after Salesforce’s strong results revived confidence across the software sector. The market’s message was blunt: generative AI may strengthen established platforms instead of destroying them.

On August 27, 2026, U.S. tech stocks surged, driven by better-than-expected earnings from both NVIDIA (NVDA) and Salesforce CRM. The impressive financial results from these companies not only exceeded market forecasts but also challenged the prevailing bearish narratives on Wall Street. Salesforce’s stock jumped approximately 22%, prompting a reassessment of AI demand and its implications…