Previous close | 56.14 |
Open | 56.35 |
Bid | 54.20 |
Ask | 56.95 |
Strike | 230.00 |
Expiry date | 2024-05-17 |
Day's range | 55.20 - 56.35 |
Contract range | N/A |
Volume | |
Open interest | 181 |
Based on the average brokerage recommendation (ABR), Salesforce.com (CRM) should be added to one's portfolio. Wall Street analysts' overly optimistic recommendations cast doubt on the effectiveness of this highly sought-after metric. So, is the stock worth buying?
First quarter earnings for Salesforce are due May 29 amid improving profit margins. Analysts expect a 40% profit jump. Generative artificial intelligence may boost revenue by fiscal 2026.
Phill Robinson, founder and CEO of not for profit community Boardwave, on Salesforce founder Marc Benioff.