This is trading at a big discount to peers with eps upgrades on results. Slack hurt but will turn out to be a masterstroke.
R
Looking very strong
R
CRM is about to break out now that it has closed above short term resistance..
T
As inflation fears creep in, look at how DOCU and SNOW have exploded without profitability. CRM is drastically undervalued given its profitability & growth. This is bound to have a meteoric rise. $280 is in sights in the coming months. Perhaps $300 by years end or higher
m
$260 next
O
Minimam $300 go to the moon
A
Raises FY22 Revenue Guidance to $25.9 Billion to $26.0 Billion • First Quarter Revenue of $5.96 Billion, up 23% Year-Over-Year, 20% in Constant Currency • Current Remaining Performance Obligation of Approximately $17.8 Billion, up 23% Year-Over-Year, 20% in Constant Currency • First Quarter Operating Cash Flow of $3.23 Billion, up 74% Year-Over-Year • First Quarter GAAP Operating Margin of 5.9% and Non-GAAP Operating Margin of 20.2% • Raises FY22 GAAP Operating Margin Guidance to Approximately 1.4% and Non-GAAP Operating Margin Guidance to Approximately 18.0% • Initiates Second Quarter FY22 Revenue Guidance of $6.22 Billion to $6.23 Billion, up Approximately 21% Year-Over-Year
D
Should I get in? I’m very optimistic about CRM.
B
Don’t wait until earning call to jump in on this CRM. I feel positive that we are ready for uptrend.
A
can sleep at night type of investment , water the roses on pullbacks 300 here we come
R
Tomorrow is going to be epic. Amazing performance once again. Mute the bears. Long and strong!
P
I cannot understand why people sold today, enough press releases indications earnings would be strong. This tock will continue to go up and by July 1st we will $250 plus, yahoo !
y
This is a typical consolidation process, in which smart investors are in and day traders and chicken are out. It may take few days or even weeks to go though the process, however, longterm investors will be rewarded.
D
Are the old Salesforce bulls satisfied with this years stock performance? Just curious. All I know is pain from CRM. How are the long term prospects (20+ years) 😅
E
Expect catastrophically good numbers on earnings that the market, nonetheless, wont appreciate. Three times the charm...
R
I hope all the big name analysts who upgraded the stock to $270+ knew the growth potential of CRM with Slack (WORK) and the stock climbs up to $250+ after market. This stock is the only stock that has not gone up since Nov. This is the third quarter and I hope this flies and catches up with SNOW, TWLO, MDB, ZS, etc, of getting 10%+ move..
b
Slack does well CRM will do well. Market is setting up this week for ER.
y
At the current time, the price of CRM is not determined by the upcoming ER but how to assess and recognize the value of WORK. CRM is a longtime investment. My recommondation is to buy CRM at any pull backs. If you want to bet on prior the ER, it's ok but not big, since the market response after the ER announcement is uncertain.
P
A Close above $240 will bode well for next weeks continued move up, maybe we get end of day push. Looking to reach $250--$260 pre-slack levels in a week or so.
C
Merrill Bank Of America raised price target to $285
• First Quarter Revenue of $5.96 Billion, up 23% Year-Over-Year, 20% in Constant Currency
• Current Remaining Performance Obligation of Approximately $17.8 Billion, up 23% Year-Over-Year, 20% in Constant Currency
• First Quarter Operating Cash Flow of $3.23 Billion, up 74% Year-Over-Year
• First Quarter GAAP Operating Margin of 5.9% and Non-GAAP Operating Margin of 20.2%
• Raises FY22 GAAP Operating Margin Guidance to Approximately 1.4% and Non-GAAP Operating Margin Guidance to Approximately 18.0%
• Initiates Second Quarter FY22 Revenue Guidance of $6.22 Billion to $6.23 Billion, up Approximately 21% Year-Over-Year
water the roses on pullbacks 300 here we come
This tock will continue to go up and by July 1st we will $250 plus, yahoo !