Previous close | 2.3000 |
Open | 2.8400 |
Bid | 2.7400 |
Ask | 3.2000 |
Strike | 370.00 |
Expiry date | 2024-10-18 |
Day's range | 2.8400 - 2.8400 |
Contract range | N/A |
Volume | |
Open interest | 39 |
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.