What Analysts Think of Salesforce Stock Ahead of Earnings | Global News Avenue

Salesforce(CRM) It is expected to report fourth-quarter results after the market ended on Wednesday, with analysts largely bullish on cloud-based software companies stocks, projecting AI-driven earnings.

Of the 25 analysts covering visible Alpha tracking, 20 received a “buy” or equivalent rating from Salesforce, while the remaining five ratings the stock as “hold”. Their consensus target is about $401, which indicates that it is nearly 30% from Friday’s closing price.

Deutsche Bank analysts recently maintained a “buy” rating and a $400 price target, indicating early momentum for the company’s launch of its autonomous AI agent suite Agentforce in September. Analysts say the “AI Halo effect” is driving investment in the Salesforce platform, “even if current agency spending is just thriving.”

The customer relationship management software giant is expected to release $10.05 billion in revenue, up 8% year-on-year, with adjusted earnings per share of $2.62, up from $2.29 a year ago.

New CFO to join Salesforce in March

Salesforce said earlier this month that former Gilead Sciences (Gold plated) Chief Financial Officer Robin Washington will join the company on March 21 as Chief Operating Officer and Finance Officer. She will replace Coo Brian Millham, who plans to retire in May and CFO Amy Weaver, who said she will leave the company last year when her successor appointment was appointed.

Oppenheimer analysts called Millham’s departure a “negative surprise” but said they expect Washington “to continue to improve operational efficiency.” Analysts reiterated their “outperform” rating and $415 price target, calling Salesforce “one of the healthiest long-term profitable growth stories” Software as a service company.

Salesforce shares fell nearly 3% on Friday, down $309.80 amid the market decline. The stock started hard to 2025, after outperforming the S&P 500 in 2024, the stock fell about 7% in the year.