Salesforce shares surged 35.9% to $256 this month, reaching analysts' average price target with limited upside potential.
Salesforce (NYSE:CRM) shares surged 35.9% this month to $256 following strong Q2 earnings, but are now nearing the average analyst price target of $262.54, implying only about 2.6% upside potential. Despite its Agentforce Annual Recurring Revenue (ARR) growing 240% year-over-year to $1.5 billion and the company raising its FY2027 revenue and EPS guidance, the article notes that operating profit was largely flat after excluding $2.6 billion in investment gains, and only 5% of users have upgraded to the premium AI version. Investors should monitor the Investor Day event on September 16 and subsequent consumer data to assess whether its growth momentum can be sustained.
Source:Yahoo财经 · Source Link
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