Previous close | 3.2500 |
Open | 2.8600 |
Bid | 1.9600 |
Ask | 2.0800 |
Strike | 285.00 |
Expiry date | 2024-05-24 |
Day's range | 1.9300 - 3.0500 |
Contract range | N/A |
Volume | |
Open interest | 248 |
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.