옵션 체인은 다양한 행사가격과 만기일에 대한 Salesforce의 주식 옵션 주요 데이터를 보여줍니다. 트레이더들은 이 정보를 사용하여 잠재적 거래를 분석하고 Salesforce에 대한 시장 심리를 평가합니다..

Salesforce (NYSE:CRM) 주식, 옵션 체인

Salesforce

Salesforce provides enterprise cloud computing solutions. The company offers customer relationship management technology that brings companies and customers together. Its Customer 360 platform helps the group to deliver a single source of truth, connecting customer data across systems, apps, and devices to help companies sell, service, market, and conduct commerce. It also offers Service Cloud for customer support, Marketing Cloud for digital marketing campaigns, Commerce Cloud as an e-commerce engine, the Salesforce Platform, which allows enterprises to build applications, and other solutions, such as MuleSoft for data integration.

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루퍼트 머독의 다우 존스와 뉴욕 포스트가 제프 베이조스가 지원하는 인공지능(AI) 회사 퍼플렉시티(Perplexity)를 상대로 콘텐츠 무단 사용과 자사 플랫폼으로의 트래픽 전환을 이유로 법적 절차를 개시했다.

소비자 기술 뉴스 (10월 21일-10월 25일): 애플, 비전 프로 헤드셋 생산 축소 전망 및 넷플릭스 등

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엔비디아와 세일즈포스가 전략적 AI 협력을 발표: 알아두어야 할 사항

Salesforce Inc

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SALESFORCE ORD

Whales with a lot of money to spend have taken a noticeably bearish stance on Salesforce.
Looking at options history for Salesforce (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CRM#NYSE">CRM</a>) we detected 17 trades.
If we consider the specifics of each trade, it is accurate to state that 41% of the investors opened trades with bullish expectations and 52% with bearish.
From the overall spotted trades, 3 are puts, for a total amount of $247,035 and 14, calls, for a total amount of $1,661,152.
<h3>Predicted Price Range</h3>
Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $250.0 to $440.0 for Salesforce during the past quarter. 
<h3>Volume &amp; Open Interest Development</h3>
Examining the volume and open interest provides crucial insights into stock research. This information is key in gauging liquidity and interest levels for Salesforce's options at certain strike prices. Below, we present a snapshot of the trends in volume and open interest for calls and puts across Salesforce's significant trades, within a strike price range of $250.0 to $440.0, over the past month.
<h3>Salesforce Call and Put Volume: 30-Day Overview</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1730828806_0.png" alt="Options Call Chart" />
<h3>Significant Options Trades Detected:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>CRM</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>06/20/25</td>
<td>$64.65</td>
<td>$63.95</td>
<td>$64.0</td>
<td>$250.00</td>
<td>$640.0K</td>
<td>1.1K</td>
<td>100</td>
</tr>
<tr>
<td>CRM</td>
<td>CALL</td>
<td>SWEEP</td>
<td>NEUTRAL</td>
<td>11/22/24</td>
<td>$2.7</td>
<td>$1.91</td>
<td>$2.26</td>
<td>$315.00</td>
<td>$266.0K</td>
<td>236</td>
<td>1.1K</td>
</tr>
<tr>
<td>CRM</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$18.35</td>
<td>$17.75</td>
<td>$17.75</td>
<td>$300.00</td>
<td>$177.8K</td>
<td>7.0K</td>
<td>103</td>
</tr>
<tr>
<td>CRM</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>06/20/25</td>
<td>$21.05</td>
<td>$20.9</td>
<td>$20.9</td>
<td>$280.00</td>
<td>$102.4K</td>
<td>1.0K</td>
<td>49</td>
</tr>
<tr>
<td>CRM</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>06/20/25</td>
<td>$20.75</td>
<td>$20.45</td>
<td>$20.75</td>
<td>$280.00</td>
<td>$101.6K</td>
<td>1.0K</td>
<td>49</td>
</tr>
</tbody>
</table>

<h3>About Salesforce</h3>
Salesforce provides enterprise cloud computing solutions. The company offers customer relationship management technology that brings companies and customers together. Its Customer 360 platform helps the group to deliver a single source of truth, connecting customer data across systems, apps, and devices to help companies sell, service, market, and conduct commerce. It also offers Service Cloud for customer support, Marketing Cloud for digital marketing campaigns, Commerce Cloud as an e-commerce engine, the Salesforce Platform, which allows enterprises to build applications, and other solutions, such as MuleSoft for data integration.
Following our analysis of the options activities associated with Salesforce, we pivot to a closer look at the company's own performance.
<h3>Salesforce's Current Market Status</h3>
<ul>
<li>Trading volume stands at 1,610,912, with CRM's price down by -0.52%, positioned at $296.45.</li>
<li>RSI indicators show the stock to be may be approaching overbought.</li>
<li>Earnings announcement expected in 22 days.</li>
</ul>
<h3>Expert Opinions on Salesforce</h3>
2 market experts have recently issued ratings for this stock, with a consensus target price of $340.0.
Unusual Options Activity Detected: Smart Money on the Move
Benzinga Edge's Unusual Options board spots potential market movers before they happen. See what positions big money is taking on your favorite stocks. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=Be8be9arja3be22bz20&amp;utm_source=benzinga-insights">Click here for access</a>. 
&#x2A; An analyst from Stifel persists with their Buy rating on Salesforce, maintaining a target price of $350. 
&#x2A; In a cautious move, an analyst from Oppenheimer downgraded its rating to Outperform, setting a price target of $330. 
Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest Salesforce options trades with real-time alerts from <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>.

Options

Markets

Behind the Scenes of Salesforce's Latest Options Trends

Deep-pocketed investors have adopted a bearish approach towards Salesforce (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CRM#NYSE">CRM</a>), and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in CRM usually suggests something big is about to happen.
We gleaned this information from our observations today when Benzinga's options scanner highlighted 27 extraordinary options activities for Salesforce. This level of activity is out of the ordinary.
The general mood among these heavyweight investors is divided, with 29% leaning bullish and 59% bearish. Among these notable options, 12 are puts, totaling $1,405,948, and 15 are calls, amounting to $832,944.
<h3>Projected Price Targets</h3>
Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $240.0 to $360.0 for Salesforce during the past quarter. 
<h3>Volume &amp; Open Interest Development</h3>
In today's trading context, the average open interest for options of Salesforce stands at 1495.35, with a total volume reaching 2,900.00. The accompanying chart delineates the progression of both call and put option volume and open interest for high-value trades in Salesforce, situated within the strike price corridor from $240.0 to $360.0, throughout the last 30 days.
<h3>Salesforce 30-Day Option Volume &amp; Interest Snapshot</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1730743226_0_0.png" alt="Options Call Chart" />
<h3>Largest Options Trades Observed:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th style="text-align: right;">Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>CRM</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>06/20/25</td>
<td>$17.8</td>
<td>$17.5</td>
<td>$17.7</td>
<td>$270.00</td>
<td>$796.5K</td>
<td>2.3K</td>
<td style="text-align: right;">528</td>
</tr>
<tr>
<td>CRM</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$18.7</td>
<td>$18.5</td>
<td>$18.64</td>
<td>$300.00</td>
<td>$164.4K</td>
<td>7.1K</td>
<td style="text-align: right;">203</td>
</tr>
<tr>
<td>CRM</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>12/20/24</td>
<td>$13.3</td>
<td>$12.55</td>
<td>$12.75</td>
<td>$290.00</td>
<td>$127.5K</td>
<td>1.5K</td>
<td style="text-align: right;">109</td>
</tr>
<tr>
<td>CRM</td>
<td>PUT</td>
<td>SWEEP</td>
<td>NEUTRAL</td>
<td>12/20/24</td>
<td>$12.45</td>
<td>$12.45</td>
<td>$12.45</td>
<td>$290.00</td>
<td>$105.8K</td>
<td>1.5K</td>
<td style="text-align: right;">208</td>
</tr>
<tr>
<td>CRM</td>
<td>CALL</td>
<td>SWEEP</td>
<td>NEUTRAL</td>
<td>01/16/26</td>
<td>$60.05</td>
<td>$59.7</td>
<td>$59.7</td>
<td>$280.00</td>
<td>$89.5K</td>
<td>1.4K</td>
<td style="text-align: right;">15</td>
</tr>
</tbody>
</table>

<h3>About Salesforce</h3>
Salesforce provides enterprise cloud computing solutions. The company offers customer relationship management technology that brings companies and customers together. Its Customer 360 platform helps the group to deliver a single source of truth, connecting customer data across systems, apps, and devices to help companies sell, service, market, and conduct commerce. It also offers Service Cloud for customer support, Marketing Cloud for digital marketing campaigns, Commerce Cloud as an e-commerce engine, the Salesforce Platform, which allows enterprises to build applications, and other solutions, such as MuleSoft for data integration.
<h3>Present Market Standing of Salesforce</h3>
<ul>
<li>Currently trading with a volume of 1,344,015, the CRM's price is up by 1.07%, now at $297.87. </li>
<li>RSI readings suggest the stock is currently may be approaching overbought.</li>
<li>Anticipated earnings release is in 23 days.</li>
</ul>
<h3>Professional Analyst Ratings for Salesforce</h3>
In the last month, 2 experts released ratings on this stock with an average target price of $340.0.
Turn $1000 into $1270 in just 20 days?
20-year pro options trader reveals his one-line chart technique that shows when to buy and sell. Copy his trades, which have had averaged a 27% profit every 20 days. <a href="https://www.benzinga.com/premium/ideas/options-moneyline-2/?t=Moop1arja3be22op14&amp;utm_source=benzinga-insights">Click here for access</a>. 
&#x2A; An analyst from Oppenheimer has revised its rating downward to Outperform, adjusting the price target to $330. 
&#x2A; An analyst from Stifel has decided to maintain their Buy rating on Salesforce, which currently sits at a price target of $350. 
Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for Salesforce with <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> for real-time alerts.

Salesforce Unusual Options Activity For November 04

Analyst Ratings

JOET

Live On CNBC, Joe Terranova Announces Terranova ETF (JOET) Bought Salesforce

Salesforce's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CRM#NYSE">CRM</a>) short percent of float has fallen 17.44% since its last report. The company recently reported that it has 13.14 million shares sold short, which is 1.42% of all regular shares that are available for trading. Based on its trading volume, it would take traders 2.74 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock/">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest">List of the most shorted stocks</a>
<h3>Salesforce Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1730733442_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for Salesforce has declined since its last report. This does not mean that the stock is going to rise in the near-term but traders should be aware that less shares are being shorted.
<h3>Comparing Salesforce's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, Salesforce's peer group average for short interest as a percentage of float is 3.24%, which means the company has less short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze/">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

Short Sellers

Short Ideas

(CRM) - Analyzing Salesforce's Short Interest

<a href="https://www.cnbc.com/2024/11/01/marc-benioff-in-talks-to-sell-time-inc-to-antenna-group.html">https://www.cnbc.com/2024/11/01/marc-benioff-in-talks-to-sell-time-inc-to-antenna-group.html</a>
<ul>
<li>Greek media company the Antenna Group has begun talks to acquire Time from Marc Benioff.</li>
<li>No deal is assured and the discussions are still early.</li>
<li>Benioff acquired Time for $190 million in 2018.</li>
</ul>
The Greek media company Antenna Group is in talks to acquire Time from <a href="https://www.cnbc.com/quotes/CRM/">Salesforce</a> co-founder <a href="https://www.cnbc.com/marc-benioff/">Marc Benioff</a>, according to people familiar with the matter.
No deal is assured and the talks are still early, said the people, who asked not to be named because the discussions are private.
&nbsp;
"There is no agreement to sell Time," said a Time spokesperson, who declined to comment on the talks with Antenna. An Antenna Group spokesperson didn't respond for comment.
Benioff <a href="https://www.nytimes.com/2018/09/16/business/dealbook/time-magazine-salesforce-marc-benioff.html#:~:text=Time's%20parent%20company%2C%20Meredith%20Corporation,of%20an%20iconic%20media%20brand.">acquired Time in 2018 for $190 million</a>. Early talks with Antenna have centered around a price of $150 million, one of the people said.
The talks come at a particularly turbulent time for legacy media companies, which are trying to stay afloat as digital-first assets amid competition with free services such as YouTube, TikTok and Instagram.
<a href="https://www.cnbc.com/quotes/CMCSA/">Comcast</a> <a href="https://www.cnbc.com/2024/10/31/comcast-is-exploring-separation-of-cable-business.html">announced Thursday</a> it is considering a spinoff of its cable network group. The Washington Post, owned by fellow tech billionaire Jeff Bezos, has lost more than 10% of its subscribers in recent days after deciding it wouldn't endorse a candidate in the U.S. presidential election, <a href="https://www.npr.org/2024/10/29/nx-s1-5170939/more-than-250-000-subscribers-have-left-washington-post-over-withheld-endorsement">according to NPR.</a>
Benioff and his wife, Lynne, bought Time from Meredith Corp., which owned the magazine for less than a year.
&nbsp;
"The Benioffs emerged as the best fit, willing to put journalistic integrity ahead of corporate gains," Alan Murray, chief content officer of the Time Inc. brands at Meredith, said&nbsp;<a href="https://www.nytimes.com/2018/09/16/business/dealbook/time-magazine-salesforce-marc-benioff.html#:~:text=Time's%20parent%20company%2C%20Meredith%20Corporation,of%20an%20iconic%20media%20brand.">at the time</a>.
The Antenna Group <a href="https://www.nytimes.com/2022/07/29/business/media/vice-media-antenna-group.html">nearly acquired</a> Vice Media in 2022 before the company declared bankruptcy. Most of its investments have been Europe-centric, though it has invested in Arianna Huffington's technology company Thrive Global.

Asset Sales

'Marc Benioff Is In Talks To Sell Time To Antenna Group; Antenna Group Is In Talks To Acquire Time From Salesforce' - CNBC

Amidst the fast-paced and highly competitive business environment of today, conducting comprehensive company analysis is essential for investors and industry enthusiasts. In this article, we will delve into an extensive industry comparison, evaluating Salesforce (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CRM#NYSE">CRM</a>) in comparison to its major competitors within the Software industry. By analyzing critical financial metrics, market position, and growth potential, our objective is to provide valuable insights for investors and offer a deeper understanding of company's performance in the industry.
<h3>Salesforce Background</h3>
Salesforce provides enterprise cloud computing solutions. The company offers customer relationship management technology that brings companies and customers together. Its Customer 360 platform helps the group to deliver a single source of truth, connecting customer data across systems, apps, and devices to help companies sell, service, market, and conduct commerce. It also offers Service Cloud for customer support, Marketing Cloud for digital marketing campaigns, Commerce Cloud as an e-commerce engine, the Salesforce Platform, which allows enterprises to build applications, and other solutions, such as MuleSoft for data integration.
<table>
<thead>
<tr>
<th>Company</th>
<th>P/E</th>
<th>P/B</th>
<th>P/S</th>
<th>ROE</th>
<th>EBITDA (in billions)</th>
<th>Gross Profit (in billions)</th>
<th>Revenue Growth</th>
</tr>
</thead>
<tbody>
<tr>
<td>Salesforce Inc</td>
<td>52.07</td>
<td>4.96</td>
<td>8.03</td>
<td>2.44%</td>
<td>$2.79</td>
<td>$7.17</td>
<td>8.39%</td>
</tr>
<tr>
<td>SAP SE</td>
<td>96.75</td>
<td>6.35</td>
<td>7.91</td>
<td>3.53%</td>
<td>$2.71</td>
<td>$6.21</td>
<td>9.38%</td>
</tr>
<tr>
<td>Adobe Inc</td>
<td>41.10</td>
<td>14.69</td>
<td>10.51</td>
<td>11.46%</td>
<td>$2.31</td>
<td>$4.85</td>
<td>10.59%</td>
</tr>
<tr>
<td>Intuit Inc</td>
<td>59.78</td>
<td>9.48</td>
<td>10.87</td>
<td>-0.11%</td>
<td>$0.13</td>
<td>$2.4</td>
<td>17.4%</td>
</tr>
<tr>
<td>Palantir Technologies Inc</td>
<td>264.29</td>
<td>24.84</td>
<td>43.05</td>
<td>3.43%</td>
<td>$0.11</td>
<td>$0.55</td>
<td>27.15%</td>
</tr>
<tr>
<td>Synopsys Inc</td>
<td>54.57</td>
<td>10.54</td>
<td>12.71</td>
<td>5.49%</td>
<td>$0.46</td>
<td>$1.24</td>
<td>12.65%</td>
</tr>
<tr>
<td>Cadence Design Systems Inc</td>
<td>74.87</td>
<td>17.07</td>
<td>17.86</td>
<td>5.86%</td>
<td>$0.38</td>
<td>$0.92</td>
<td>8.61%</td>
</tr>
<tr>
<td>Workday Inc</td>
<td>41.14</td>
<td>7.58</td>
<td>8.14</td>
<td>1.6%</td>
<td>$0.28</td>
<td>$1.57</td>
<td>16.68%</td>
</tr>
<tr>
<td>Autodesk Inc</td>
<td>59.34</td>
<td>25.22</td>
<td>10.80</td>
<td>12.17%</td>
<td>$0.39</td>
<td>$1.36</td>
<td>11.9%</td>
</tr>
<tr>
<td>Roper Technologies Inc</td>
<td>40.44</td>
<td>3.18</td>
<td>8.74</td>
<td>2.01%</td>
<td>$0.69</td>
<td>$1.19</td>
<td>2.78%</td>
</tr>
<tr>
<td>AppLovin Corp</td>
<td>73.61</td>
<td>70.65</td>
<td>15.25</td>
<td>39.35%</td>
<td>$0.51</td>
<td>$0.8</td>
<td>43.98%</td>
</tr>
<tr>
<td>Datadog Inc</td>
<td>274.04</td>
<td>18.04</td>
<td>19.81</td>
<td>1.9%</td>
<td>$0.06</td>
<td>$0.52</td>
<td>26.66%</td>
</tr>
<tr>
<td>Ansys Inc</td>
<td>57.98</td>
<td>5.13</td>
<td>12.37</td>
<td>2.37%</td>
<td>$0.2</td>
<td>$0.52</td>
<td>19.64%</td>
</tr>
<tr>
<td>Tyler Technologies Inc</td>
<td>112.15</td>
<td>8.02</td>
<td>12.78</td>
<td>2.37%</td>
<td>$0.12</td>
<td>$0.24</td>
<td>9.84%</td>
</tr>
<tr>
<td>Zoom Video Communications Inc</td>
<td>26.95</td>
<td>2.72</td>
<td>5.16</td>
<td>2.6%</td>
<td>$0.23</td>
<td>$0.88</td>
<td>2.09%</td>
</tr>
<tr>
<td>PTC Inc</td>
<td>77.29</td>
<td>7.55</td>
<td>10.28</td>
<td>2.32%</td>
<td>$0.13</td>
<td>$0.41</td>
<td>-4.37%</td>
</tr>
<tr>
<td>Manhattan Associates Inc</td>
<td>79.04</td>
<td>60.96</td>
<td>16.88</td>
<td>24.6%</td>
<td>$0.07</td>
<td>$0.15</td>
<td>0.51%</td>
</tr>
<tr>
<td>Dynatrace Inc</td>
<td>105.94</td>
<td>7.94</td>
<td>11.06</td>
<td>1.89%</td>
<td>$0.06</td>
<td>$0.32</td>
<td>19.93%</td>
</tr>
<tr>
<td>Average</td>
<td>90.55</td>
<td>17.64</td>
<td>13.78</td>
<td>7.23%</td>
<td>$0.52</td>
<td>$1.42</td>
<td>13.85%</td>
</tr>
</tbody>
</table>
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 </style>Upon closer analysis of Salesforce, the following trends become apparent: 
<ul>
<li>
A Price to Earnings ratio of 52.07 significantly below the industry average by 0.58x suggests undervaluation. This can make the stock appealing for those seeking growth.
</li>
<li>
With a Price to Book ratio of 4.96, significantly falling below the industry average by 0.28x, it suggests undervaluation and the possibility of untapped growth prospects.
</li>
<li>
Based on its sales performance, the stock could be deemed undervalued with a Price to Sales ratio of 8.03, which is 0.58x the industry average.
</li>
<li>
The company has a lower Return on Equity (ROE) of 2.44%, which is 4.79% below the industry average. This indicates potential inefficiency in utilizing equity to generate profits, which could be attributed to various factors.
</li>
<li>
Compared to its industry, the company has higher Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) of $2.79 Billion, which is 5.37x above the industry average, indicating stronger profitability and robust cash flow generation.
</li>
<li>
With higher gross profit of $7.17 Billion, which indicates 5.05x above the industry average, the company demonstrates stronger profitability and higher earnings from its core operations.
</li>
<li>
The company's revenue growth of 8.39% is significantly below the industry average of 13.85%. This suggests a potential struggle in generating increased sales volume.
</li>
</ul>
<h3>Debt To Equity Ratio</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1730300441_0.png" alt="debt to equity" />
The debt-to-equity (D/E) ratio indicates the proportion of debt and equity used by a company to finance its assets and operations.
Considering the debt-to-equity ratio in industry comparisons allows for a concise evaluation of a company's financial health and risk profile, aiding in informed decision-making.
By considering the Debt-to-Equity ratio, Salesforce can be compared to its top 4 peers, leading to the following observations:
<ul>
<li>
Salesforce exhibits a stronger financial position compared to its top 4 peers in the sector, as indicated by its lower debt-to-equity ratio of 0.2.
</li>
<li>
This suggests that the company has a more favorable balance between debt and equity, which can be seen as a positive aspect for investors.
</li>
</ul>
<h3>Key Takeaways</h3>
For Salesforce, the PE, PB, and PS ratios are all low compared to industry peers, indicating potential undervaluation. However, the low ROE suggests lower profitability compared to peers. The high EBITDA and gross profit levels are positive indicators of strong financial performance. The low revenue growth may be a concern for future prospects compared to industry peers in the Software sector.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Insights Into Salesforce's Performance Versus Peers In Software Sector

Salesforce (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CRM#NYSE">CRM</a>) has outperformed the market over the past 15 years by 10.15% on an annualized basis producing an average annual return of 22.25%. Currently, Salesforce has a market capitalization of $285.84 billion. 
Buying $1000 In CRM: If an investor had bought $1000 of CRM stock 15 years ago, it would be worth $20,405.53 today based on a price of $299.00 for CRM at the time of writing.
<h3>Salesforce's Performance Over Last 15 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1730233815_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

$1000 Invested In Salesforce 15 Years Ago Would Be Worth This Much Today

Salesforce, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CRM#NYSE">CRM</a>) shares are trading higher on Tuesday. The company introduced Agentforce, which is a new feature that enables companies to develop AI agents capable of autonomously performing <a target="_blank" href="https://www.benzinga.com/pressreleases/24/10/b41596727/salesforces-agentforce-is-here-trusted-autonomous-ai-agents-to-scale-your-workforce" rel="noreferrer noopener">tasks across various business functions</a>.
Agentforce uses advanced reasoning to make decisions and execute actions, such as resolving customer inquiries and optimizing marketing campaigns. These agents operate independently, triggered by data changes, business rules, or API signals.
Agentforce includes customizable out-of-the-box agents that are easily deployed using low-code or no-code tools, operating continuously across all channels.
The first available agent, the Agentforce Service Agent, outperforms traditional chatbots by handling a broad range of tasks, from simple inquiries to complex issues, with pre-built topics and actions for customer support.
Users can tailor these agents for different industries, such as retail for order management or financial services for billing and payment support.
The Agentforce layer is seamlessly integrated into the Salesforce Platform, leveraging data, AI, and Salesforce&#8217;s Customer 360 ecosystem, all built on a reliable foundation.
This integration enhances the capabilities of agents, allowing for unlimited scalability, proactive actions across various roles and channels, and contextual awareness of every customer interaction.
Read: <a target="_blank" href="https://www.benzinga.com/news/24/10/41444585/copilots-a-flop-because-microsoft-lacks-the-data-salesforce-ceo-slams-rebranding-of-ai-tool-to-agent" rel="noreferrer noopener">&#8216;Copilot&#8217;s A Flop Because Microsoft Lacks The Data,&#8217; Salesforce CEO Slams Rebranding Of AI Tool To &#8216;Agents:&#8217; &#8216;That&#8217;s Panic Mode&#8217;</a>
Investors can gain exposure to the stock via&nbsp;iShares Expanded Tech-Software Sector ETF (BATS:<a class="ticker" href="https://www.benzinga.com/stock/IGV#BATS">IGV</a>) and&nbsp;First Trust DJ Internet Index Fund&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FDN#NYSE">FDN</a>).
Price Action: CRM shares are up 1.87% at $299.26 at the last check Tuesday.
Image via Shutterstock
Read Next:
<ul>
<li><a href="https://www.benzinga.com/markets/equities/24/10/41538144/marc-benioff-warns-microsofts-copilot-spills-corporate-data-emphasizes-security-gaps-ahead-of-sa" target="_blank" rel="noreferrer noopener">Marc Benioff Warns Microsoft&#8217;s Copilot &#8216;Spills Corporate Data,&#8217; Emphasizes Security Gaps Ahead Of Salesforce Agentforce Launch</a></li>
</ul>

Equities

First Trust Dow Jones Internet Index Fund

Salesforce Launches Agentforce, Redefining AI In Business With Autonomous Solutions

Live On CNBC, Sarat Sethi Announces Bought Salesforce

Financial giants have made a conspicuous bullish move on Salesforce. Our analysis of options history for Salesforce (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CRM#NYSE">CRM</a>) revealed 12 unusual trades.
Delving into the details, we found 66% of traders were bullish, while 33% showed bearish tendencies. Out of all the trades we spotted, 3 were puts, with a value of $115,475, and 9 were calls, valued at $1,109,561.
<h3>Expected Price Movements</h3>
Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $240.0 to $440.0 for Salesforce over the last 3 months. 
<h3>Insights into Volume &amp; Open Interest</h3>
In terms of liquidity and interest, the mean open interest for Salesforce options trades today is 856.67 with a total volume of 4,596.00.
In the following chart, we are able to follow the development of volume and open interest of call and put options for Salesforce's big money trades within a strike price range of $240.0 to $440.0 over the last 30 days.
<h3>Salesforce Option Activity Analysis: Last 30 Days</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1730132125_0.png" alt="Options Call Chart" />
<h3>Noteworthy Options Activity:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>CRM</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>05/16/25</td>
<td>$1.57</td>
<td>$1.24</td>
<td>$1.45</td>
<td>$440.00</td>
<td>$580.0K</td>
<td>0</td>
<td>4.0K</td>
</tr>
<tr>
<td>CRM</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$34.5</td>
<td>$33.9</td>
<td>$34.5</td>
<td>$270.00</td>
<td>$258.7K</td>
<td>2.4K</td>
<td>75</td>
</tr>
<tr>
<td>CRM</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>11/15/24</td>
<td>$26.15</td>
<td>$26.05</td>
<td>$26.15</td>
<td>$270.00</td>
<td>$73.2K</td>
<td>2.3K</td>
<td>41</td>
</tr>
<tr>
<td>CRM</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>06/20/25</td>
<td>$2.36</td>
<td>$2.35</td>
<td>$2.36</td>
<td>$440.00</td>
<td>$49.7K</td>
<td>282</td>
<td>211</td>
</tr>
<tr>
<td>CRM</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>11/22/24</td>
<td>$4.9</td>
<td>$4.1</td>
<td>$4.7</td>
<td>$285.00</td>
<td>$47.0K</td>
<td>53</td>
<td>120</td>
</tr>
</tbody>
</table>

<h3>About Salesforce</h3>
Salesforce provides enterprise cloud computing solutions. The company offers customer relationship management technology that brings companies and customers together. Its Customer 360 platform helps the group to deliver a single source of truth, connecting customer data across systems, apps, and devices to help companies sell, service, market, and conduct commerce. It also offers Service Cloud for customer support, Marketing Cloud for digital marketing campaigns, Commerce Cloud as an e-commerce engine, the Salesforce Platform, which allows enterprises to build applications, and other solutions, such as MuleSoft for data integration.
<h3>Salesforce's Current Market Status</h3>
<ul>
<li>With a trading volume of 1,405,716, the price of CRM is up by 1.02%, reaching $293.44.</li>
<li>Current RSI values indicate that the stock is may be approaching overbought.</li>
<li>Next earnings report is scheduled for 30 days from now.</li>
</ul>
<h3>What The Experts Say On Salesforce</h3>
In the last month, 3 experts released ratings on this stock with an average target price of $360.0.
Unusual Options Activity Detected: Smart Money on the Move
Benzinga Edge's Unusual Options board spots potential market movers before they happen. See what positions big money is taking on your favorite stocks. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=Be8be9arja3be22bz20&amp;utm_source=benzinga-insights">Click here for access</a>. 
&#x2A; An analyst from Stifel has decided to maintain their Buy rating on Salesforce, which currently sits at a price target of $350. 
&#x2A; In a cautious move, an analyst from Oppenheimer downgraded its rating to Outperform, setting a price target of $330. 
&#x2A; In a positive move, an analyst from Northland Capital Markets has upgraded their rating to Outperform and adjusted the price target to $400. 
Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest Salesforce options trades with real-time alerts from <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>.

Decoding Salesforce's Options Activity: What's the Big Picture?

Stifel analyst Parker Lane maintains Salesforce (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CRM#NYSE">CRM</a>) with a Buy and raises the price target from $320 to $350.

Price Target

Stifel Maintains Buy on Salesforce, Raises Price Target to $350

Rupert Murdoch's Dow Jones and the&nbsp;New York Post have initiated legal proceedings against&nbsp;Jeff Bezos-backed AI firm&nbsp;Perplexity, alleging unauthorized use of their content and <a target="_blank" href="https://www.benzinga.com/news/24/10/41442679/rupert-murdochs-dow-jones-new-york-post-sue-jeff-bezos-backed-perplexity-for-copyright-infringement" rel="noreferrer noopener">redirection of traffic to its platforms</a>.
Entertainment
Walt Disney Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DIS#NYSE">DIS</a>) has ceased allowing customers to subscribe to Hulu and Disney+ via Apple Inc.&#8216;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) App Store, thereby avoiding the iPhone <a target="_blank" href="https://www.benzinga.com/general/entertainment/24/10/41443702/disney-and-hulu-stream-away-from-apples-30-toll-bridge-what-it-means-for-the-iphone-maker" rel="noreferrer noopener">maker's in-app purchase fees</a>.
Netflix, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NFLX#NASDAQ">NFLX</a>) has shut down its Southern California AAA game studio, Team Blue, marking a significant <a target="_blank" href="https://www.benzinga.com/general/gaming/24/10/41462659/netflix-ends-aaa-game-development-at-california-studio" rel="noreferrer noopener">shift in its&nbsp;gaming ambitions</a>.
Gaming
Ahead of Call of Duty: Black Ops 6's release,&nbsp;Microsoft Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>) Activision has announced a new anti-cheat initiative aimed at removing cheaters from the game within <a target="_blank" href="https://www.benzinga.com/general/gaming/24/10/41435803/activisions-new-ai-strategy-aims-to-ban-call-of-duty-cheaters-within-one-hour-of-their-first-match" rel="noreferrer noopener">one hour&nbsp;of their first match</a>.
Insomniac Games has announced that&nbsp;Marvel&#8217;s Spider-Man 2&nbsp;will not receive any additional story content, effectively ending fan hopes <a target="_blank" href="https://www.benzinga.com/general/gaming/24/10/41438398/insomniac-games-confirms-no-additional-story-add-ons-for-marvels-spider-man-2" rel="noreferrer noopener">for&nbsp;downloadable content (DLC)</a>.
Also Read: <a target="_blank" href="https://www.benzinga.com/markets/esg/24/10/41426513/plug-power-evgo-enovix-analyst-clean-tech-picks-for-navigating-election-exposure-hedging-uncertainty" rel="noreferrer noopener">Plug Power, EVgo, Enovix: Analyst Clean Tech Picks For Navigating Election Exposure, Hedging Uncertainty</a>
Tencent Holding Ltd. (OTC:<a class="ticker" href="https://www.benzinga.com/stock/TCEHY#OTC">TCEHY</a>) is set to launch the global open beta for Delta Force: Hawk <a target="_blank" href="https://www.benzinga.com/general/gaming/24/10/41464208/tencents-delta-force-hawk-ops-open-beta-to-launch-in-december-taking-aim-at-call-of-duty" rel="noreferrer noopener">Ops on PC&nbsp;starting December 5</a>.
Read: <a target="_blank" href="https://www.benzinga.com/news/24/10/41420451/openais-chinese-cousins-alibaba-and-bytedance-are-slashing-ai-costs-and-defying-us-chip-sanctions-be" rel="noreferrer noopener">OpenAI&#8217;s Chinese Cousins Alibaba, And ByteDance Are Slashing AI Costs And Defying US Chip Sanctions: Beijing&#8217;s Strength Is To &#8216;Build Fast, Build Reliably And Build Cheap&#8217;</a>
Naughty Dog has rolled out significant updates for The Last of Us Part 1 and The Last of Us Part 2 Remastered on <a href="https://www.benzinga.com/general/gaming/24/10/41466239/naughty-dogs-the-last-of-us-games-prepped-for-ps5-pro-with-4k-support" target="_blank" rel="noreferrer noopener">Sony Group Corporation</a><a href="https://www.benzinga.com/general/gaming/24/10/41466239/naughty-dogs-the-last-of-us-games-prepped-for-ps5-pro-with-4k-support" target="_blank" rel="noreferrer noopener">'s (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SONY#NYSE">SONY</a>) PlayStation 5</a>.
Technology &amp; Smartphones
QUALCOMM Incorporated (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QCOM#NASDAQ">QCOM</a>) unveiled its latest high-end smartphone SoC, the&nbsp;Snapdragon 8 Elite, which boasts a new Oryon CPU <a target="_blank" href="https://www.benzinga.com/news/24/10/41445327/qualcomms-new-chipset-brings-multi-modal-generative-ai-to-android-phones-boosting-competition-with-i" rel="noreferrer noopener">and enhanced AI capabilities</a>.
QUALCOMM has been threatened by Arm Holdings plc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ARM#NASDAQ">ARM</a>) with the cancelation of its chip design license, leaving the San Diego-based<a target="_blank" href="https://www.benzinga.com/markets/equities/24/10/41481425/softbank-backed-arm-threatens-to-cancel-qualcomms-chip-design-license-ahead-of-trial-in-december" rel="noreferrer noopener"> semiconductor giant with 60 days&#8217; notice</a>.
NVIDIA Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) quietly introduced a new AI model, Llama-3.1-Nemotron-70B-Instruct, that has reportedly outperformed <a target="_blank" href="https://www.benzinga.com/news/24/10/41422278/nvidias-new-free-open-source-ai-model-reportedly-outperforms-openais-gpt-4o-anthropics-claude-3-5-so" rel="noreferrer noopener">its competitors in benchmark tests</a>.
Indian billionaire&nbsp;Mukesh Ambani joined&nbsp;NVIDIA&#8216;s CEO&nbsp;Jensen Huang for a fireside chat in Mumbai on Thursday as the latter addressed the Nvidia AI Summit India <a target="_blank" href="https://www.benzinga.com/markets/asia/24/10/41509500/nvidia-ceo-jensen-huang-meets-indian-billionaire-mukesh-ambani-duo-forge-partnership-to-build-ai-inf" rel="noreferrer noopener">at the city&#8217;s Jio World Convention Centre</a>.
The duo discussed India&#8217;s information technology industry, which Huang said was world-renowned for its large-scale presence and deep expertise. In the past few years, 200,000 IT professionals have been <a target="_blank" href="https://www.benzinga.com/markets/asia/24/10/41509500/nvidia-ceo-jensen-huang-meets-indian-billionaire-mukesh-ambani-duo-forge-partnership-to-build-ai-inf" rel="noreferrer noopener">upscaled to work with AI</a>.
Chinese tech giant&nbsp;ByteDance Ltd.&nbsp;has dismissed an intern for allegedly disrupting the training of <a target="_blank" href="https://www.benzinga.com/news/24/10/41422474/tiktok-parent-fires-intern-for-maliciously-interfering-with-ai-training-denies-10m-damage-claims-ami" rel="noreferrer noopener">one of its artificial intelligence models</a>.
Apple Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) is reportedly scaling back production of its $3,500 Vision Pro headset, shifting focus <a target="_blank" href="https://www.benzinga.com/general/gaming/24/10/41499682/apple-to-cut-vision-pro-production-cheaper-model-expected-in-2025-report" rel="noreferrer noopener">toward a more affordable model for 2025</a>.
Artificial Intelligence
OpenAI&nbsp;rival&nbsp;Anthropic&nbsp;has unveiled an upgrade to its its AI model Claude 3.5 Sonnet along with introducing a new model, Claude 3.5 Haiku. The Claude 3.5 Sonnet model introduces a groundbreaking feature that allows it to interact with<a target="_blank" href="https://www.benzinga.com/news/24/10/41481214/now-ai-can-operate-computers-like-humans-openai-rival-backed-by-google-unveils-claude-upgrades-amid" rel="noreferrer noopener"> computers in a human-like manner</a>.
Marc Benioff, CEO of Salesforce, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CRM#NYSE">CRM</a>), took to social media to criticize Microsoft for <a href="https://www.benzinga.com/news/24/10/41444585/copilots-a-flop-because-microsoft-lacks-the-data-salesforce-ceo-slams-rebranding-of-ai-tool-to-agent" target="_blank" rel="noreferrer noopener">rebranding its Copilot as "agents."</a>
In a recent development,&nbsp;Character.AI&nbsp;has issued a public apology following the tragic death by suicide of a 14-year-old boy who had been interacting with their chatbot. The company has acknowledged the incident and announced updates to<a target="_blank" href="https://www.benzinga.com/news/24/10/41491088/ai-chatbot-maker-publicly-apologizes-after-teens-death-in-florida" rel="noreferrer noopener"> enhance the safety measures on their platform</a>.
Read: <a target="_blank" href="https://www.benzinga.com/news/24/10/41420671/mark-zuckerberg-or-elon-musk-openai-ceo-sam-altman-says-hed-back-this-tech-titan-in-a-cage-fight" rel="noreferrer noopener">Mark Zuckerberg Or Elon Musk? OpenAI CEO Sam Altman Says He&#8217;d Back This Tech Titan In A Cage Fight</a>

Consumer Tech News (Oct 21-Oct 25): Apple May Scale Back Production Of Vision Pro Headset, Netflix Restructures Gaming Division

Salesforce Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CRM#NYSE">CRM</a>) CEO Marc Benioff criticized Microsoft Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>) for its artificial intelligence tools, claiming that they are <a href="https://www.benzinga.com/news/24/10/41444585/copilots-a-flop-because-microsoft-lacks-the-data-salesforce-ceo-slams-rebranding-of-ai-tool-to-agent">overhyped and underperforming</a>.
What Happened: Benioff took aim at Microsoft&#8217;s Copilot AI tool, describing it as overhyped and ineffective, in an <a href="https://www.businessinsider.in/tech/news/interview-salesforce-ceo-marc-benioff-bashes-microsoft-as-generative-ai-threatens-his-companys-crm-lead/articleshow/114559570.cms">interview</a> with Business Insider. This criticism comes in the wake of Microsoft&#8217;s announcement of new Dynamics 365 AI agents, which directly compete with Salesforce&#8217;s Agentforce product, a CRM lead.
Benioff&#8217;s comments were not a coincidence. The day before the interview, Microsoft introduced 10 new AI agents for its CRM offering, Dynamics 365. This announcement came just days before the release of Salesforce&#8217;s own AI agent product, Agentforce, which is set to be generally available on Friday.
Benioff stated, &#8220;Microsoft has really disappointed so many of our customers. They&#8217;ve really done it by delivering a level of hype around their AI solutions.&#8221;
He also criticized the accuracy of Copilot, stating that it &#8220;spills corporate data,&#8221; and referred to it as &#8220;Clippy 2.0,&#8221; a nod to an infamous 1990s Microsoft Office digital assistant.
Benioff emphasized the success of Salesforce&#8217;s AI solutions and the company&#8217;s continued lead in the CRM market. Despite Microsoft&#8217;s recent gains in CRM market share, Benioff remains confident in Salesforce&#8217;s position.
See Also: <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/10/41449264/nvidia-own-it-dont-trade-it-jim-cramer-questions-short-sellers-as-stock-hits-new-hi?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">&#8216;Nvidia, Own It, Don&#8217;t Trade It:&#8217; Jim Cramer Questions Short-Sellers As Stock Hits New Highs</a>
Why It Matters: The rivalry between Salesforce and Microsoft has intensified with the introduction of AI-driven technologies.
Recently, Benioff criticized Microsoft&#8217;s rebranding of Copilot to &#8220;agents,&#8221; calling it a sign of &#8220;panic mode&#8221; due to Microsoft&#8217;s lack of data and security models, which he claims leads to inaccuracies and data leaks. Benioff praised Salesforce&#8217;s Agentforce for its integration of data, workflows, and <a href="https://www.benzinga.com/news/24/10/41444585/copilots-a-flop-because-microsoft-lacks-the-data-salesforce-ceo-slams-rebranding-of-ai-tool-to-agent">security into a unified platform</a>.
Microsoft&#8217;s announcement during its &#8220;AI Tour&#8221; in London highlighted the ability of businesses to <a href="https://www.benzinga.com/top-stories/24/10/41428765/microsoft-salesforce-battle-heats-up-as-ai-agent-technology-takes-center-stage">develop autonomous AI agents</a>, aiming to streamline enterprise functions. This move is part of Microsoft&#8217;s Copilot Studio platform, which allows organizations to customize AI-driven agents.
Analysts have noted that Salesforce&#8217;s Agentforce platform is <a href="https://www.benzinga.com/top-stories/24/10/41145130/salesforces-genai-platform-agentforce-on-par-with-microsoft-analyst">on par with Microsoft&#8217;s offerings</a>, with Piper Sandler upgrading Salesforce&#8217;s rating and raising its price target. 
Read Next: 
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<li><a href="https://www.benzinga.com/markets/equities/24/10/41536164/palantir-ceo-alex-karp-on-partnership-with-l3harris-they-are-better-networked-and-good-at-unders">Palantir CEO Alex Karp On Partnership With L3Harris: They Are &#8216;Better Networked&#8217; And Good At Understanding &#8216;DC Environment&#8217; — Calls For More Lethal Tech To &#8216;Scare&#8217; China And Russia</a></li>
</ul>
Photo courtesy: Shutterstock
This story was generated using <a href="https://www.benzinga.com/author/benzinga-neuro">Benzinga Neuro</a> and edited by <a href="https://www.benzinga.com/topic/Kaustubh-Bagalkote" target="_blank" rel="noreferrer noopener">Kaustubh Bagalkote</a>

Marc Benioff Warns Microsoft's Copilot 'Spills Corporate Data,' Emphasizes Security Gaps Ahead Of Salesforce Agentforce Launch

Gary Black, Managing Partner of The Future Fund LLC, <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/10/41524419/tesla-q3-an-unexpectedly-good-quarter-10-analysts-on-earnings-margins-fsd-robotaxis">shared insights on social media</a> platform X regarding his investment performance since January 2022. 
What Happened: Black claimed that Tesla Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) had been his largest negative contributor during this period, noting a decline of 34% compared to the Nasdaq-100 Index, which rose by 23%.
Black&#8217;s post included specific figures to illustrate the stark contrast in performance. On Jan. 1, 2022, Tesla&#8217;s stock was valued at $342.32. As of now, it is trading at $260.48. In contrast, the Nasdaq-100 started at 15,592 points and has climbed to 20,232.87.
Black also made a humorous remark regarding his position in Tesla, stating, &#8220;We're long $TSLA moron,&#8221; implying that despite the stock&#8217;s underperformance, he maintains a bullish stance on the company.
This discussion was prompted by a user on X who suggested that critics of Tesla should reconsider their positions. The user wrote, &#8220;Now .. every $TSLA short in disguise who tried to punk or doubted @TeslaBoomerMama apologize, pronto Or send her flowers. Whichever you prefer.&#8221;
Ale&#120143;andra Merz, known as TeslaBoomerMama, is a prominent supporter of Tesla and a vocal advocate for retail shareholders. She has gained a following for her passionate defense of the company and its CEO, Elon Musk.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Our largest negative contributor since Jan 2022 has been <a href="https://twitter.com/search?q=%24TSLA&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$TSLA</a> -34% vs NDX +23%. <a href="https://t.co/aW50jZc2Ga">pic.twitter.com/aW50jZc2Ga</a>
&mdash; Gary Black (@garyblack00) <a href="https://twitter.com/garyblack00/status/1849560050773160355?ref_src=twsrc%5Etfw">October 24, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Black&#8217;s The Future Fund Active ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FFND#NYSE">FFND</a>) has posted impressive year-to-date returns of 16.84%. Its top holdings include NVIDIA Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>), which constitutes 8.46% of the fund and has surged by 191.49% this year; Alphabet Inc. Class A (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>) at 8.00% with a gain of 17.77%.
Eli Lilly and Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LLY#NYSE">LLY</a>), the third-largest holding at 50.51%; Salesforce Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CRM#NYSE">CRM</a>) at 11.96%; and Netflix Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NFLX#NASDAQ">NFLX</a>) at 61.06%. 
Tesla accounts for 4.10% of the ETF's assets.
Additionally, Advanced Micro Devices, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMD#NASDAQ">AMD</a>) has delivered returns of 10.72%, while Uber Technologies Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UBER#NYSE">UBER</a>) has gained 34.26%. Palo Alto Networks Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PANW#NASDAQ">PANW</a>) shows a year-to-date return of 26.19%, and DoorDash Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DASH#NYSE">DASH</a>) has risen by 58.81%.
See Also: <a href="https://www.benzinga.com/markets/equities/24/10/41536164/palantir-ceo-alex-karp-on-partnership-with-l3harris-they-are-better-networked-and-good-at-unders">Palantir CEO Alex Karp On Partnership With L3Harris: They Are &#8216;Better Networked&#8217; And Good At Understanding &#8216;DC Environment&#8217; — Calls For More Lethal Tech To &#8216;Scare&#8217; China And Russia</a>
Why It Matters: Despite Tesla&#8217;s recent performance, Black has been a vocal supporter of the company. He praised Tesla&#8217;s <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/10/41509528/tesla-bull-gary-black-praises-ev-giants-clean-beat-in-q3-as-auto-margins-blow-past-">third-quarter earnings</a> as a &#8220;clean beat&#8221; and highlighted the company&#8217;s impressive performance across key metrics, which led to a 12.10% surge in the stock&#8217;s value in after-hours trading.
However, Black previously raised concerns about <a href="https://www.benzinga.com/markets/equities/24/10/41478318/teslas-fancy-data-and-computing-claims-likely-will-not-impress-investors-gary-black-highlights-d">Tesla&#8217;s earnings call</a>, particularly regarding the company&#8217;s autonomous driving capabilities and vehicle profitability targets. 
Despite these concerns, Tesla&#8217;s third-quarter earnings exceeded estimates and <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/10/41524419/tesla-q3-an-unexpectedly-good-quarter-10-analysts-on-earnings-margins-fsd-robotaxis">showed improving margins</a>, which was well-received by analysts. 
Price Action: Tesla stock closed at $260.48 on Thursday, representing a significant increase of 21.92% for the day. In after-hours trading, the stock dipped 1.17%. Year to date, Tesla&#8217;s stock has risen by 4.85%, according to <a href="https://www.benzinga.com/pro/">data from Benzinga Pro</a>.
Read Next: 
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</ul>
Image Via Flickr 
Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

Social Media

DASH

FFND

GOOGL

PANW

TSLA

UBER

Gary Black Fights Off Criticism, Says Worst Performer In Future Fund Was Tesla — Here Are His Holdings That Did Better

Deep-pocketed investors have adopted a bullish approach towards Salesforce (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CRM#NYSE">CRM</a>), and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in CRM usually suggests something big is about to happen.
We gleaned this information from our observations today when Benzinga's options scanner highlighted 8 extraordinary options activities for Salesforce. This level of activity is out of the ordinary.
The general mood among these heavyweight investors is divided, with 50% leaning bullish and 37% bearish. Among these notable options, 2 are puts, totaling $80,275, and 6 are calls, amounting to $293,115.
<h3>Expected Price Movements</h3>
Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $270.0 to $310.0 for Salesforce over the last 3 months. 
<h3>Volume &amp; Open Interest Trends</h3>
Assessing the volume and open interest is a strategic step in options trading. These metrics shed light on the liquidity and investor interest in Salesforce's options at specified strike prices. The forthcoming data visualizes the fluctuation in volume and open interest for both calls and puts, linked to Salesforce's substantial trades, within a strike price spectrum from $270.0 to $310.0 over the preceding 30 days.
<h3>Salesforce Call and Put Volume: 30-Day Overview</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1729785935_0.png" alt="Options Call Chart" />
<h3>Noteworthy Options Activity:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th style="text-align: right;">Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>CRM</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>09/19/25</td>
<td>$43.85</td>
<td>$43.5</td>
<td>$43.85</td>
<td>$280.00</td>
<td>$96.4K</td>
<td>6</td>
<td style="text-align: right;">22</td>
</tr>
<tr>
<td>CRM</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>11/15/24</td>
<td>$20.3</td>
<td>$19.95</td>
<td>$20.07</td>
<td>$270.00</td>
<td>$50.1K</td>
<td>2.3K</td>
<td style="text-align: right;">26</td>
</tr>
<tr>
<td>CRM</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>09/19/25</td>
<td>$33.3</td>
<td>$32.95</td>
<td>$33.3</td>
<td>$300.00</td>
<td>$46.6K</td>
<td>29</td>
<td style="text-align: right;">14</td>
</tr>
<tr>
<td>CRM</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>05/16/25</td>
<td>$16.75</td>
<td>$15.95</td>
<td>$16.45</td>
<td>$270.00</td>
<td>$44.4K</td>
<td>595</td>
<td style="text-align: right;">49</td>
</tr>
<tr>
<td>CRM</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>11/22/24</td>
<td>$8.45</td>
<td>$7.9</td>
<td>$8.2</td>
<td>$290.00</td>
<td>$38.5K</td>
<td>154</td>
<td style="text-align: right;">47</td>
</tr>
</tbody>
</table>

<h3>About Salesforce</h3>
Salesforce provides enterprise cloud computing solutions. The company offers customer relationship management technology that brings companies and customers together. Its Customer 360 platform helps the group to deliver a single source of truth, connecting customer data across systems, apps, and devices to help companies sell, service, market, and conduct commerce. It also offers Service Cloud for customer support, Marketing Cloud for digital marketing campaigns, Commerce Cloud as an e-commerce engine, the Salesforce Platform, which allows enterprises to build applications, and other solutions, such as MuleSoft for data integration.
In light of the recent options history for Salesforce, it's now appropriate to focus on the company itself. We aim to explore its current performance.
<h3>Where Is Salesforce Standing Right Now?</h3>
<ul>
<li>Trading volume stands at 964,810, with CRM's price up by 0.55%, positioned at $286.0.</li>
<li>RSI indicators show the stock to be may be approaching overbought.</li>
<li>Earnings announcement expected in 34 days.</li>
</ul>
<h3>What The Experts Say On Salesforce</h3>
In the last month, 3 experts released ratings on this stock with an average target price of $351.6666666666667.
Unusual Options Activity Detected: Smart Money on the Move
Benzinga Edge's Unusual Options board spots potential market movers before they happen. See what positions big money is taking on your favorite stocks. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=Be8be9arja3be22bz20&amp;utm_source=benzinga-insights">Click here for access</a>. 
&#x2A; An analyst from Oppenheimer downgraded its action to Outperform with a price target of $330. 
&#x2A; An analyst from Wedbush persists with their Outperform rating on Salesforce, maintaining a target price of $325. 
&#x2A; An analyst from Northland Capital Markets has elevated its stance to Outperform, setting a new price target at $400. 
Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.
If you want to stay updated on the latest options trades for Salesforce, <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> gives you real-time options trades alerts.

Salesforce's Options: A Look at What the Big Money is Thinking

In the last three months, 36 analysts have published ratings on Salesforce (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CRM#NYSE">CRM</a>), offering a diverse range of perspectives from bullish to bearish.
The following table encapsulates their recent ratings, offering a glimpse into the evolving sentiments over the past 30 days and comparing them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;">Bullish</th>
<th style="text-align: right;">Somewhat Bullish</th>
<th style="text-align: right;">Indifferent</th>
<th style="text-align: right;">Somewhat Bearish</th>
<th style="text-align: right;">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td style="text-align: right;">12</td>
<td style="text-align: right;">16</td>
<td style="text-align: right;">8</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">3</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td style="text-align: right;">11</td>
<td style="text-align: right;">12</td>
<td style="text-align: right;">8</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
Analysts have recently evaluated Salesforce and provided 12-month price targets. The average target is $310.06, accompanied by a high estimate of $400.00 and a low estimate of $236.00. This current average has increased by 5.74% from the previous average price target of $293.23. 
<img src="https://www.benzinga.com/files/images/story/2024/1729785642_0.png" alt="price target chart" />
<h2>Understanding Analyst Ratings: A Comprehensive Breakdown</h2>
The standing of Salesforce among financial experts is revealed through an in-depth exploration of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Brian Schwartz</td>
<td>Oppenheimer</td>
<td>Raises</td>
<td>Outperform</td>
<td>$330.00</td>
<td>$300.00</td>
</tr>
<tr>
<td>Nehal Chokshi</td>
<td>Northland Capital Markets</td>
<td>Raises</td>
<td>Outperform</td>
<td>$400.00</td>
<td>$270.00</td>
</tr>
<tr>
<td>Daniel Ives</td>
<td>Wedbush</td>
<td>Raises</td>
<td>Outperform</td>
<td>$325.00</td>
<td>$315.00</td>
</tr>
<tr>
<td>Brent Bracelin</td>
<td>Piper Sandler</td>
<td>Raises</td>
<td>Overweight</td>
<td>$325.00</td>
<td>$268.00</td>
</tr>
<tr>
<td>Scott Berg</td>
<td>Needham</td>
<td>Maintains</td>
<td>Buy</td>
<td>$345.00</td>
<td>$345.00</td>
</tr>
<tr>
<td>Terry Tillman</td>
<td>Truist Securities</td>
<td>Raises</td>
<td>Buy</td>
<td>$315.00</td>
<td>$300.00</td>
</tr>
<tr>
<td>Rishi Jaluria</td>
<td>RBC Capital</td>
<td>Maintains</td>
<td>Outperform</td>
<td>$300.00</td>
<td>$300.00</td>
</tr>
<tr>
<td>Yun Kim</td>
<td>Loop Capital</td>
<td>Maintains</td>
<td>Hold</td>
<td>$270.00</td>
<td>$270.00</td>
</tr>
<tr>
<td>Brad Sills</td>
<td>B of A Securities</td>
<td>Maintains</td>
<td>Buy</td>
<td>$325.00</td>
<td>$325.00</td>
</tr>
<tr>
<td>Scott Berg</td>
<td>Needham</td>
<td>Maintains</td>
<td>Buy</td>
<td>$345.00</td>
<td>$345.00</td>
</tr>
<tr>
<td>Ambrish Shah</td>
<td>Phillip Securities</td>
<td>Announces</td>
<td>Accumulate</td>
<td>$305.00</td>
<td>-</td>
</tr>
<tr>
<td>Terry Tillman</td>
<td>Truist Securities</td>
<td>Maintains</td>
<td>Buy</td>
<td>$300.00</td>
<td>$300.00</td>
</tr>
<tr>
<td>Mark Moerdler</td>
<td>Bernstein</td>
<td>Raises</td>
<td>Outperform</td>
<td>$236.00</td>
<td>$234.00</td>
</tr>
<tr>
<td>Daniel Ives</td>
<td>Wedbush</td>
<td>Maintains</td>
<td>Outperform</td>
<td>$315.00</td>
<td>$315.00</td>
</tr>
<tr>
<td>J. Derrick Wood</td>
<td>TD Cowen</td>
<td>Raises</td>
<td>Hold</td>
<td>$290.00</td>
<td>$285.00</td>
</tr>
<tr>
<td>Richard Baldry</td>
<td>Roth MKM</td>
<td>Maintains</td>
<td>Buy</td>
<td>$335.00</td>
<td>$335.00</td>
</tr>
<tr>
<td>David Hynes</td>
<td>Canaccord Genuity</td>
<td>Raises</td>
<td>Buy</td>
<td>$315.00</td>
<td>$300.00</td>
</tr>
<tr>
<td>Gil Luria</td>
<td>DA Davidson</td>
<td>Raises</td>
<td>Neutral</td>
<td>$250.00</td>
<td>$230.00</td>
</tr>
<tr>
<td>Parker Lane</td>
<td>Stifel</td>
<td>Raises</td>
<td>Buy</td>
<td>$320.00</td>
<td>$300.00</td>
</tr>
<tr>
<td>Keith Bachman</td>
<td>BMO Capital</td>
<td>Raises</td>
<td>Outperform</td>
<td>$305.00</td>
<td>$265.00</td>
</tr>
<tr>
<td>Brent Bracelin</td>
<td>Piper Sandler</td>
<td>Raises</td>
<td>Neutral</td>
<td>$268.00</td>
<td>$250.00</td>
</tr>
<tr>
<td>Rishi Jaluria</td>
<td>RBC Capital</td>
<td>Maintains</td>
<td>Outperform</td>
<td>$300.00</td>
<td>$300.00</td>
</tr>
<tr>
<td>Mark Murphy</td>
<td>JP Morgan</td>
<td>Raises</td>
<td>Overweight</td>
<td>$310.00</td>
<td>$300.00</td>
</tr>
<tr>
<td>Brian Peterson</td>
<td>Raymond James</td>
<td>Raises</td>
<td>Strong Buy</td>
<td>$350.00</td>
<td>$325.00</td>
</tr>
<tr>
<td>Brian Schwartz</td>
<td>Oppenheimer</td>
<td>Raises</td>
<td>Outperform</td>
<td>$300.00</td>
<td>$280.00</td>
</tr>
<tr>
<td>Keith Weiss</td>
<td>Morgan Stanley</td>
<td>Raises</td>
<td>Overweight</td>
<td>$330.00</td>
<td>$320.00</td>
</tr>
<tr>
<td>Karl Keirstead</td>
<td>UBS</td>
<td>Raises</td>
<td>Neutral</td>
<td>$275.00</td>
<td>$250.00</td>
</tr>
<tr>
<td>Michael Turrin</td>
<td>Wells Fargo</td>
<td>Raises</td>
<td>Equal-Weight</td>
<td>$275.00</td>
<td>$250.00</td>
</tr>
<tr>
<td>Brad Sills</td>
<td>B of A Securities</td>
<td>Raises</td>
<td>Buy</td>
<td>$325.00</td>
<td>$316.00</td>
</tr>
<tr>
<td>Yun Kim</td>
<td>Loop Capital</td>
<td>Raises</td>
<td>Hold</td>
<td>$270.00</td>
<td>$240.00</td>
</tr>
<tr>
<td>Rob Oliver</td>
<td>Baird</td>
<td>Raises</td>
<td>Outperform</td>
<td>$315.00</td>
<td>$295.00</td>
</tr>
<tr>
<td>Scott Berg</td>
<td>Needham</td>
<td>Maintains</td>
<td>Buy</td>
<td>$345.00</td>
<td>$345.00</td>
</tr>
<tr>
<td>Patrick Walravens</td>
<td>JMP Securities</td>
<td>Maintains</td>
<td>Market Outperform</td>
<td>$342.00</td>
<td>$342.00</td>
</tr>
<tr>
<td>Tyler Radke</td>
<td>Citigroup</td>
<td>Raises</td>
<td>Neutral</td>
<td>$290.00</td>
<td>$260.00</td>
</tr>
<tr>
<td>Kirk Materne</td>
<td>Evercore ISI Group</td>
<td>Maintains</td>
<td>Outperform</td>
<td>$300.00</td>
<td>$300.00</td>
</tr>
<tr>
<td>Brad Sills</td>
<td>B of A Securities</td>
<td>Raises</td>
<td>Buy</td>
<td>$316.00</td>
<td>$288.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Analysts adapt their recommendations to changing market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their response to recent developments related to Salesforce. This information provides a snapshot of how analysts perceive the current state of the company.</li>
<li>Rating: Delving into assessments, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings communicate expectations for the relative performance of Salesforce compared to the broader market.</li>
<li>Price Targets: Analysts gauge the dynamics of price targets, providing estimates for the future value of Salesforce's stock. This comparison reveals trends in analysts' expectations over time.</li>
</ul>
Analyzing these analyst evaluations alongside relevant financial metrics can provide a comprehensive view of Salesforce's market position. Stay informed and make data-driven decisions with the assistance of our Ratings Table.
<a href="https://www.benzinga.com/quote/CRM/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on Salesforce analyst ratings.</a>
<h2>Discovering Salesforce: A Closer Look</h2>
Salesforce provides enterprise cloud computing solutions. The company offers customer relationship management technology that brings companies and customers together. Its Customer 360 platform helps the group to deliver a single source of truth, connecting customer data across systems, apps, and devices to help companies sell, service, market, and conduct commerce. It also offers Service Cloud for customer support, Marketing Cloud for digital marketing campaigns, Commerce Cloud as an e-commerce engine, the Salesforce Platform, which allows enterprises to build applications, and other solutions, such as MuleSoft for data integration.
<h3>Salesforce: Financial Performance Dissected</h3>
Market Capitalization: Boasting an elevated market capitalization, the company surpasses industry averages. This signals substantial size and strong market recognition.
Revenue Growth: Salesforce's remarkable performance in 3 months is evident. As of 31 July, 2024, the company achieved an impressive revenue growth rate of 8.39%. This signifies a substantial increase in the company's top-line earnings. In comparison to its industry peers, the company trails behind with a growth rate lower than the average among peers in the Information Technology sector.
Net Margin: Salesforce's net margin is impressive, surpassing industry averages. With a net margin of 15.32%, the company demonstrates strong profitability and effective cost management.
Return on Equity (ROE): Salesforce's ROE is below industry averages, indicating potential challenges in efficiently utilizing equity capital. With an ROE of 2.44%, the company may face hurdles in achieving optimal financial returns.
Return on Assets (ROA): Salesforce's ROA is below industry averages, indicating potential challenges in efficiently utilizing assets. With an ROA of 1.52%, the company may face hurdles in achieving optimal financial returns.
Debt Management: Salesforce's debt-to-equity ratio is below industry norms, indicating a sound financial structure with a ratio of 0.2.
<h2>What Are Analyst Ratings?</h2>
Within the domain of banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their work involves attending company conference calls and meetings, researching company financial statements, and communicating with insiders to publish "analyst ratings" for stocks. Analysts typically assess and rate each stock once per quarter.
Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.
If you want to keep track of which analysts are outperforming others, you can view updated analyst ratings along withanalyst success scores in <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>.
Which Stocks Are Analysts Recommending Now?
Benzinga Edge gives you instant access to all major analyst upgrades, downgrades, and price targets. Sort by accuracy, upside potential, and more. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=be8be9arja3be22bz21&amp;utm_source=benzinga-insights">Click here to stay ahead of the market</a>.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Peeling Back The Layers: Exploring Salesforce Through Analyst Insights

Oppenheimer analyst Brian Schwartz reiterates Salesforce (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CRM#NYSE">CRM</a>) with a Outperform and raises the price target from $300 to $330.

Reiteration

Oppenheimer Reiterates Outperform on Salesforce, Raises Price Target to $330

- Presentation
<a href="https://www.starboardvalue.com/wp-content/uploads/2024_Active-Passive_Investor_Summit_-_Salesforce_Inc.pdf">https://www.starboardvalue.com/wp-content/uploads/2024_Active-Passive_Investor_Summit_-_Salesforce_Inc.pdf</a>
&nbsp;

Starboard Value Says Believe Salesforce Can Generate More Than $20 Of Free Cash Flow Per Share In FY28

Marc Benioff, CEO of Salesforce (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CRM#NYSE">CRM</a>), took to social media on Tuesday to criticize Microsoft Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>) for rebranding its Copilot as &#8220;agents.&#8221;
What Happened: Benioff described this move as a sign of &#8220;panic mode&#8221; and called Copilot a failure due to Microsoft&#8217;s lack of data, metadata, and enterprise security models. He argued that these deficiencies lead to inaccuracies and data leaks, forcing customers to create their own large language models (LLMs).
Benioff likened Microsoft&#8217;s Copilot to the discontinued &#8220;Clippy&#8221; Microsoft Office assistant, suggesting that it fails to provide real corporate intelligence. In contrast, he praised Salesforce&#8217;s Agentforce, stating it is transforming businesses by autonomously managing sales, service, marketing, analytics, and commerce. He emphasized that Agentforce integrates data, LLMs, workflows, and security into a single Customer 360 platform, which he believes represents the true potential of AI.
See Also: <a href="https://www.benzinga.com/news/24/10/41420086/apple-intelligences-meh-moment-ahead-analyst-predicts-5-months-of-build-up-could-lead-to-a-thats-it?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Apple Intelligence&#8217;s Meh Moment Ahead? Analyst Predicts 5 Months Of Build-Up Could Lead To A &#8216;That&#8217;s It?&#8217;</a>
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Microsoft rebranding Copilot as ‘agents'? That's panic mode. Let's be real—Copilot's a flop because Microsoft lacks the data, metadata, and enterprise security models to create real corporate intelligence. That is why Copilot is inaccurate, spills corporate data, and forces… <a href="https://t.co/eZpVwgoSH9">pic.twitter.com/eZpVwgoSH9</a>
&mdash; Marc Benioff (@Benioff) <a href="https://twitter.com/Benioff/status/1848439092293275988?ref_src=twsrc%5Etfw">October 21, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Why It Matters: Benioff&#8217;s comments highlight the ongoing rivalry <a href="https://www.benzinga.com/top-stories/24/10/41428765/microsoft-salesforce-battle-heats-up-as-ai-agent-technology-takes-center-stage">between Salesforce and Microsoft</a> in the AI technology sector. Recently, Microsoft announced during its &#8220;AI Tour&#8221; event in London that businesses will soon be able to develop autonomous AI agents through its Copilot Studio platform. This technology aims to streamline enterprise functions by allowing organizations to create AI-driven agents tailored to their needs. 
Benioff&#8217;s critique of Microsoft&#8217;s Copilot is not new. Last month, he <a href="https://www.benzinga.com/news/24/09/40954193/salesforce-ceo-marc-benioff-slams-microsofts-copilot-compares-it-to-failed-clippy-assistant-like-wer">compared it to Clippy,</a> stating that customers have not derived value from it, likening it to selling &#8220;science projects to companies.&#8221; His remarks underscore the competitive landscape as both companies strive to dominate the AI agent technology market. 
Read Next: 
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<li><a href="https://www.benzinga.com/news/24/10/41373962/trump-campaigns-snapchat-absence-potentially-gives-harris-edge-among-young-voters?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Trump Campaign&#8217;s Snapchat Absence Potentially Gives Harris Edge Among Young Voters</a></li>
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Photo courtesy: Shutterstock
This story was generated using <a href="https://www.benzinga.com/author/benzinga-neuro">Benzinga Neuro</a> and edited by <a href="https://www.benzinga.com/topic/Pooja-Rajkumari" target="_blank" rel="noreferrer noopener">Pooja Rajkumari</a>

General

'Copilot's A Flop Because Microsoft Lacks The Data,' Salesforce CEO Slams Rebranding Of AI Tool To 'Agents:' 'That's Panic Mode'

Salesforce, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CRM#NYSE">CRM</a>) collaborated with Blue Shield of California to provide physicians and patients with nearly instant prior authorization answers, <a target="_blank" href="https://www.benzinga.com/pressreleases/24/10/n41427418/blue-shield-of-california-salesforce-making-prior-authorization-as-simple-as-using-a-credit-card" rel="noreferrer noopener">eliminating the typical days-long wait</a>.
The new platform will integrate with Care Connect, Blue Shield&#8217;s care management system, establishing a clinical infrastructure that emphasizes ongoing preventive care and wellness rather than just responding to medical needs.
In the future, prior authorization requests will automatically notify the health plan&#8217;s nurses, social workers, and behavioral health specialists when a member may require new or enhanced health support.
The nonprofit health plan&#8217;s prior authorization platform, developed on Salesforce Health Cloud, will integrate with physician systems to collect essential clinical data from electronic health records and streamline over 20 disparate systems.
This will enable members and physicians to receive prior authorization in nearly real-time.
The testing will start in early 2025, with a limited rollout later that year. Full real-time authorization capabilities are expected by January 2026, followed by additional features.
Jeff Amann, executive vice president and general manager, Salesforce Industries said, &#8220;With Blue Shield of&nbsp;California, we&#8217;re rebuilding the prior authorization process with new innovations that support near real-time decision-making so providers can more quickly, transparently and compliantly deliver the attentive care their patients deserve.&#8221;
Investors can gain exposure to the stock via iShares Expanded Tech-Software Sector ETF (BATS:<a class="ticker" href="https://www.benzinga.com/stock/IGV#BATS">IGV</a>) and First Trust DJ Internet Index Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FDN#NYSE">FDN</a>).
Price Action: CRM shares are down 0.51% at $291.44 at the last check Monday.
Image via Shutterstock
Read Next:
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<li><a href="https://www.benzinga.com/top-stories/24/10/41428765/microsoft-salesforce-battle-heats-up-as-ai-agent-technology-takes-center-stage" target="_blank" rel="noreferrer noopener">Microsoft, Salesforce Battle Heats Up As AI Agent Technology Takes Center Stage</a></li>
</ul>

Contracts

Salesforce Cuts Wait Times In Healthcare, New Collaboration Transforms Prior Authorizations

According to multiple reports, Salesforce ($CRM) co-founder and current CEO Marc Benioff is in talks to sell media company Time Inc. to privately h...

Salesforce (CRM) CEO In Talks to Sell Media Company Time Inc.

S&P Dow Jones Indices announced that Nvidia will replace Intel in the Dow Jones Industrial Average, swapping out a lagging semiconductor company for the leading AI GPU provider in a significant shakeup to the blue-chip index

Nvidia To Replace Intel In The Dow Jones Industrial Average; Stock Jumps

Salesforce Stock Is The Cheapest It's Ever Been

According to the New York Post, chip giant Nvidia ($NVDA) is looking to make a strategic investment in Elon Musk's AI venture, xAI. With Nvidia's b...

Nvidia (NVDA) Considers Investment in Musk's AI Startup

Cloud computing is revolutionizing the digital landscape thanks to its ease of access, cost benefits, and impressive performance. Hence, investing in fundamentally stable cloud computing stocks, Alphabet (GOOGL), Amazon.com (AMZN), and Salesforce (CRM), could be one's ticket to tech-savvy success. Read more… As digital transformation accelerates across various industries, cloud computing is at the forefront of the digital revolution. Its flexible resources and enhanced innovation are driving businesses to embrace this technology. Plus, with the rise of remote work, cloud computing continues to lead and shows no signs of slowing down.
Amid this backdrop, let us dive deep into the fundamentals of robust cloud computing stocks, Alphabet Inc. (<a href="https://stocknews.com/stock/GOOGL/">GOOGL</a>), Amazon.com, Inc. (<a href="https://stocknews.com/stock/AMZN/">AMZN</a>), and Salesforce, Inc. (<a href="https://stocknews.com/stock/CRM/">CRM</a>), that are leading the forefront of the digital revolution.
Over the past few years, remote work has become the preferred method of employment for millions. According to the Pew Research Center, around <a href="https://www.usatoday.com/money/blueprint/business/hr-payroll/remote-work-statistics/">22 million employed adults</a> in the United States work from home full-time, equal to roughly 14% of all employed adults.
Remote work trends and modernization in technology have boosted the rate of adoption of cloud computing in various sectors, with <a href="https://edgedelta.com/company/blog/how-many-companies-use-cloud-computing-in-2024#:~:text=Over%2090%25%20of%20companies%20worldwide%20already,use%20cloud%20services%E2%80%94including%20AWS%2C%20Google%2C%20and%20Microsoft.">more than 90% of organizations</a> now using cloud services to improve efficiency and innovation.
With reduced cost, improved scalability, several security measures, and high performance and speed, the influence of cloud computing in modern-day businesses is unmatched. According to Fortune Business Highlights, the cloud computing market is projected to reach $2.29 trillion by 2032, growing at an impressive <a href="https://www.fortunebusinessinsights.com/cloud-computing-market-102697">CAGR of 16.5%</a>.
Now let us look into the fundamentals of three cloud computing stocks that are leading the digital revolution, starting with #3.
Stock #3: Alphabet Inc. (<a href="https://stocknews.com/stock/GOOGL/">GOOGL</a>)
GOOGL encompasses a range of companies, with Google as its central entity, serving billions of users globally. Its widely used platforms are Search, Ads, Chrome, Cloud, YouTube, and Android. The company anchors its operations across three main segments: Google Services; Google Cloud; and Other Bets.
On May 2, GOOGL <a href="https://investors.mongodb.com/news-releases/news-release-details/mongodb-and-google-cloud-collaborate-optimize-gemini-code-assist">announced a collaboration</a> with MongoDB, Inc. (<a href="https://stocknews.com/stock/MDB/">MDB</a>), an industry-leading developer data platform, to optimize Gemini Code Assist and provide enhanced suggestions for application development and modernization on MDB.
The collaboration is expected to strength GOOGL's position in delivering cutting-edge, developer-focused solutions and supporting ongoing innovation in cloud technology.
For the fiscal 2024 third quarter that ended September 30, GOOGL's revenues increased 15.1% year-over-year to $88.27 billion. Its <a href="https://www.investopedia.com/terms/i/ifo.asp">income from operations</a> rose 33.6% from the year-ago value to $28.52 billion.
Plus, the company's net income came in at $26.30 billion, up 33.6% year-over-year. Its earnings per share grew 36.8% from the prior year's quarter to $2.12.
Analysts expect GOOGL's revenue for the fiscal fourth quarter (ending December 2024) to increase 10.9% year-over-year to $95.70 billion. Its EPS is expected to grow 24.4% from the prior year's period to $2.04. Moreover, the company topped the revenue and EPS estimates in all four trailing quarters, which is impressive.
Shares of GOOGL have surged 10.5% over the past nine months and 38.9% over the past year to close the last trading session at $169.68.
GOOGL's <a href="https://stocknews.com/powr-ratings/">POWR Ratings</a> reflect its positive fundamentals. The stock has an overall rating of B, which translates to a Buy in our proprietary rating system. The POWR Ratings assess stocks by 118 different factors, each with its own weighting.
GOOGL has a B grade for Sentiment, Stability, and Quality. Within the B-rated <a href="https://stocknews.com/category/internet/">Internet</a> industry, GOOGL is ranked #9 out of 53 stocks.
To check the stock's ratings for Growth, Momentum, and Value, <a href="https://stocknews.com/stock/GOOGL/">click here</a>.
Stock #2: Amazon.com, Inc. (<a href="https://stocknews.com/stock/AMZN/">AMZN</a>)
AMZN engages in retail, advertising, and subscription services through both online and physical channels. Its segments include North America; International; and Amazon Web Services (AWS). The company also provides electronic devices, including Kindle, Fire tablets, Fire TVs, Echo, Ring, Blink, and eero, along with original media content.
On October 29, AWS <a href="https://press.aboutamazon.com/aws/2024/10/aws-powers-celcomdigis-transformation-into-an-ai-driven-telco-tech-company">announced a collaboration</a> with CelcomDigi, Malaysia's largest mobile operator, with AWS as its key cloud provider to transform the company into an artificial intelligence (AI)-powered organization.
The collaboration could benefit AMZN by strengthening AWS's foothold in the Asian telecommunications market and showcasing its cloud and AI capabilities on a large scale.
On October 24, AWS <a href="https://press.aboutamazon.com/2024/10/box-and-aws-partner-to-bring-powerful-generative-ai-models-and-capabilities-to-enterprise-content">announced a strategic partnership</a> with Box, Inc. (<a href="https://stocknews.com/stock/BOX/">BOX</a>), a leading intelligent content management platform, to build new applications and maximize productivity with generative AI.
The collaboration would enhance AWS's growth potential, driving global adoption of GenAI solutions across industries and reinforcing its leadership in AI-driven innovation.
For the fiscal 2024 second quarter, which ended on June 30, AMZN's total net sales increased 10.1% year-over-year to $147.98 billion. Its operating income rose 91% from the year-ago value to $14.67 billion.
Additionally, the company's net income amounted to $13.48 billion, representing a year-over-year increase of 99.8%. Moreover, its EPS grew 93.8% from the previous year's quarter to $1.26.
Street expects AMZN's revenue and EPS for the fiscal third quarter that ended September 2024 to increase 9.9% and 21.5% year-over-year to $157.28 billion and $1.14, respectively. Moreover, the company topped the consensus EPS estimates in each of the trailing four quarters, which is impressive.
Shares of AMZN have surged 18.3% over the past nine months and 49.4% over the past year to close the last trading session at $190.83.
AMZN's solid prospects are projected in its POWR Ratings. The stock has an overall rating of B, which translates to a Buy in our proprietary rating system.
AMZN has a B grade for Sentiment and Quality. It is ranked #15 out of 53 stocks within the same industry.
<a href="https://stocknews.com/stock/AMZN/">Click here</a> to see AMZN's ratings for Growth, Momentum, Value, and Stability.
Stock #1: Salesforce, Inc. (<a href="https://stocknews.com/stock/CRM/">CRM</a>)
CRM provides Customer Relationship Management solutions, connecting companies with customers by organizing sales data, tracking leads, forecasting opportunities, and applying AI-driven analytics. Its platform also supports automated quotes, contracts, invoices, and enables personalized customer support at scale.
On October 29, CRM <a href="https://investor.salesforce.com/press-releases/press-release-details/2024/Salesforces-Agentforce-Is-Here-Trusted-Autonomous-AI-Agents-to-Scale-Your-Workforce/default.aspx">announced the launch</a> and general availability of Agentforce, a service on the Salesforce platform that works through building and deploying AI agents for companies to take action for any business function.
With the launch of new services like Agentforce in the prime years of AI development, CRM is making its way into one of the top players in the AI boom and ensuring stable growth prospects for the company.
On September 17, CRM <a href="https://investor.salesforce.com/press-releases/press-release-details/2024/Salesforce-and-NVIDIA-Forge-Strategic-Collaboration-to-Advance-AI-Agent-Innovation/default.aspx">announced a strategic collaboration</a> with NVIDIA Corporation (<a href="https://stocknews.com/stock/NVDA/">NVDA</a>) to deliver optimized predictive and generative AI workflows by bringing together the NVIDIA AI platform with the Salesforce Platform and Agentforce.
The collaboration brings in new avenues for CRM to develop and supercharge its AI performance and provide more engaging, intelligent, and immersive experience to its customers.
CRM's total revenue for the fiscal 2025 second quarter, which ended July 31, 2024, increased 8.4% year-over-year to $9.33 billion. Its non-GAAP income from operations rose 15.5% from the year-ago value to $3.14 billion.
In addition, the company's non-GAAP net income and non-GAAP net income per share increased 19.1% and 20.8% from the prior year's period to $2.50 million and $2.56, respectively.
The consensus revenue and EPS estimates of $9.35 billion and $2.45 for the fiscal 2025 third quarter ending October 2024 reflect a rise of 7.2% and 15.9% year-over-year, respectively. Furthermore, the company surpassed the consensus EPS estimates in each of the trailing four quarters.
CRM's stock has surged 15.6% over the past three months and 52.1% over the past year to close the last trading session at $298.89.
CRM's POWR Ratings reflect its robust outlook. The stock has an overall rating of B, which translates to a Buy in our proprietary rating system.
It has a B grade for Sentiment and Quality. It is ranked #17 out of 130 stocks in the <a href="https://stocknews.com/category/software-application/">Software – Application</a> industry.
<a href="https://stocknews.com/stock/CRM/">Click here</a> to check out CRM's ratings for Growth, Value, Momentum, and Stability.
What To Do Next?
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<hr />
GOOGL shares rose $11.27 (+6.64%) in premarket trading Wednesday. Year-to-date, GOOGL has gained 21.77%, versus a 23.55% rise in the benchmark S&amp;P 500 index during the same period.
<hr><div style="clear:both;"></div> <h2>About the Author: Aanchal Sugandh</h2> <img src='https:/wp-content/uploads/2022/12/Aanchal-Sugandh_Headshot.jpg' style="float:left; padding:5px;width:125px;">Aanchal's passion for financial markets drives her work as an investment analyst and journalist. She earned her bachelor's degree in finance and is pursuing the CFA program.

She is proficient at assessing the long-term prospects of stocks with her fundamental analysis skills. Her goal is to help investors build portfolios with sustainable returns.<a href="https://stocknews.com/authors/?author=aanchal-sugandh">More...</a>The post <a href=https://stocknews.com/news/googl-amzn-crm-nvda-mdb-box-3-cloud-computing-stocks-leading-the-digital-revolution/>3 Cloud Computing Stocks Leading the Digital Revolution</a> appeared first on <a href=https://stocknews.com/>StockNews.com</a>

3 Cloud Computing Stocks Leading the Digital Revolution

As the digital shift accelerates, the cloud computing market offers significant investment potential, driven by increasing digital transformation, rising infrastructure spending, and the adoption of AI. With these trends in mind, investors could consider fundamentally strong cloud computing stocks like Amazon.com (AMZN), Oracle (ORCL), and Salesforce (CRM) as the digital economy continues to expand. Keep reading... Amid widespread digital transformation continues, cloud services have become essential for security and scalability. This trend presents significant investment opportunities in the cloud computing market, making companies Amazon.com, Inc. (<a href="https://stocknews.com/stock/AMZN/">AMZN</a>), Oracle Corporation (<a href="https://stocknews.com/stock/ORCL/">ORCL</a>), and Salesforce, Inc. (<a href="https://stocknews.com/stock/CRM/">CRM</a>) attractive prospects for investors looking to capitalize on the evolving digital landscape.
The cloud market is experiencing strong growth, fueled by remote work, digital transformation, and intense competition among cloud hyper-scalers. According to Statista, the global public cloud computing market is set to skyrocket to <a href="https://www.statista.com/statistics/273818/global-revenue-generated-with-cloud-computing-since-2009/">$675 billion by 2024</a>.
Additionally, industries such as e-commerce, healthcare, and finance are heavily adopting cloud solutions to improve customer experiences, drive innovation, and stay competitive. According to IDC, cloud infrastructure spending is projected to grow at a double-digit rate, reaching <a href="https://www.idc.com/getdoc.jsp?containerId=prUS52398324">$213.7 billion by 2028</a>, highlighting the cloud's increasing significance.
Considering these conducive trends, let's examine the cloud computing stocks in detail.
Amazon.com, Inc. (<a href="https://stocknews.com/stock/AMZN/">AMZN</a>)
AMZN operates globally through its retail, advertising, and subscription services. It operates through three segments: North America, International, and Amazon Web Services (AWS).
On October 16, 2024, AMZN unveiled a new lineup of Kindle devices, including the first-ever color Kindle, a revamped Kindle Scribe, the fastest Kindle Paperwhite, and a new entry-level Kindle in a fresh Matcha color.
On October 8, Amazon Web Services (AWS) revealed a partnership with Smartsheet to introduce a new connector that links Smartsheet data with Amazon Q Business. This integration allows users to gain project insights and improve decision-making via AWS's generative AI-powered assistant, optimizing workflows across various business applications.
During the fiscal second quarter that ended June 30, 2024, AMZN's total net sales increased 10.1% year-over-year to $147.98 billion. Its <a href="https://www.investopedia.com/terms/o/operatingincome.asp">operating income</a> grew 91% from the year-ago value to $14.67 billion. In addition, the company's net income and EPS came in at $13.49 billion and $1.26, up 99.8% and 93.8% over the prior-year quarter, respectively.
Analysts expect AMZN's EPS and revenue for the quarter ended September 30, 2024, to increase 20.9% and 9.9% year-over-year to $1.14 and $157.24 billion, respectively. It surpassed the Street EPS estimates in each of the trailing four quarters.
Over the past year, the stock has gained 47.5% to close the last trading session at $188.99. It soared 24.4% year-to-date.
AMZN's <a href="https://stocknews.com/powr-ratings/">POWR Ratings</a> reflect its robust outlook. The stock has an overall rating of B, equating to a Buy in our proprietary rating system. The POWR Ratings are calculated by considering 118 distinct factors, with each factor weighted to an optimal degree.
AMZN has a B grade in Sentiment, Momentum, and Quality. It is ranked #15 out of 53 stocks in the B-rated <a href="https://stocknews.com/category/internet/">Internet</a> industry.
Beyond what we have stated above, we also have given AMZN grades for Growth, Value, and Stability. Get all the AMZN's ratings <a href="https://stocknews.com/stock/AMZN/">here</a>.
Oracle Corporation (<a href="https://stocknews.com/stock/ORCL/">ORCL</a>)
ORCL offers products and services that address enterprise information technology environments worldwide. The company provides cloud software applications, cloud-based industry solutions, application licenses, infrastructure technologies, databases, Java, middleware, hardware products, and consulting and customer services.
On October 9, ORCL introduced new AI-powered features in Oracle Fusion Cloud Service and Oracle Fusion Cloud Field Service to boost service team productivity, enhance issue resolution, and improve customer service. These updates aim to increase customer satisfaction by automatically diagnosing issues, suggesting actions, streamlining resolutions, and improving first-time fix rates.
In the fiscal first quarter ended August 31, 2024, ORCL's total revenues increased 6.9% year-over-year to $13.31 billion. Its operating income was $3.99 billion, up 21.1% from the year-ago value. Moreover, its net income and EPS stood at $2.93 billion and $1.03, respectively, representing increases of 21% and 19.8% over the prior-year quarter.
Street expects ORCL's revenue and EPS for the quarter ending November 30, 2024, to increase 9.1% and 10.7% year-over-year to $14.12 billion and $1.48, respectively. It surpassed the consensus EPS estimates in three of the trailing four quarters.
The stock climbed 65.7% year-to-date and 61.4% over the past year, to close the last trading session at $174.69.
ORCL's POWR Ratings reflect strong prospects. The stock has an overall rating of B, translating to a Buy in our proprietary rating system.
It has an A grade for Sentiment and a B for Stability and Growth. It is ranked #35 out of 131 stocks in the <a href="https://stocknews.com/category/software-application/">Software – Application</a> industry.
To access ORCL's Growth, Value, Sentiment, and Momentum ratings, click <a href="https://stocknews.com/stock/ORCL/">here</a>.
Salesforce, Inc. (<a href="https://stocknews.com/stock/CRM/">CRM</a>)
CRM provides Customer Relationship Management (CRM) technology that brings companies and customers together worldwide. It supports third-party development and offers global sales, service, and subscription services, enabling data storage, lead tracking, and issue resolution.
On September 17, CRM announced a strategic partnership with NVIDIA Corporation (<a href="https://stocknews.com/stock/NVDA/">NVDA</a>) to co-develop advanced AI features and interactive avatar experiences for Salesforce's Agentforce and NVIDIA's AI platform, aiming to enhance insights and productivity across sales, service, marketing, and IT teams.
That same day, CRM and Google Cloud expanded their partnership to develop Salesforce Agentforce Agents, enabling secure collaboration between Salesforce Customer 360 and Google Workspace applications.
CRM's total revenue increased 8.4% year-over-year to $9.33 billion in the fiscal 2025 second quarter that ended on July 31, 2024. Its non-GAAP net income came in at $2.49 million, up 19.1% year-over-year, while its non-GAAP net income per share grew 20.8% from the year-ago value to $2.56. Its free cash flow increased 20.2% year-over-year to $755 million.
For the fiscal year 2025, the company's non-GAAP operating margin is projected to be 32.8%, with EPS anticipated to fall between $6.05 and $6.13. CRM expects total revenue to range between $37.7 billion and $38 billion, representing a growth of 8%-9%.
Street expects CRM's revenue for the fiscal third quarter (ending October 2024) to increase 7.2% year-over-year to $9.35 billion. Its EPS for the same quarter is expected to grow 15.9% from the prior year to $2.45. In addition, it surpassed the consensus EPS estimates in each of the trailing four quarters, which is promising.
Shares of CRM have gained 43% over the past year and 16.1% over the past month to close the last trading session at $292.94.
CRM's bright prospects are apparent in its POWR Ratings. The stock has an overall rating of B, which translates to a Buy in our proprietary rating system.
It has a B grade for Sentiment and Quality. Within the Software- Application industry, it is ranked #20.
Click <a href="https://stocknews.com/stock/CRM/">here</a> to see CRM's ratings for Growth, Value, Momentum, and Stability.
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AMZN shares fell $0.79 (-0.42%) in premarket trading Monday. Year-to-date, AMZN has gained 24.38%, versus a 24.15% rise in the benchmark S&amp;P 500 index during the same period.
<hr><div style="clear:both;"></div> <h2>About the Author: Kritika Sarmah</h2> <img src='https:/wp-content/uploads/2022/08/Kritika-Sarmah_Image-3.jpg' style="float:left; padding:5px;width:125px;">Her interest in risky instruments and passion for writing made Kritika an analyst and financial journalist. She earned her bachelor's degree in commerce and is currently pursuing the CFA program. With her fundamental approach, she aims to help investors identify untapped investment opportunities.<a href="https://stocknews.com/authors/?author=kritika-sarmah">More...</a>The post <a href=https://stocknews.com/news/amzn-orcl-crm-3-cloud-computing-stocks-to-buy-as-the-digital-shift/>3 Cloud Computing Stocks to Buy as the Digital Shift Expands</a> appeared first on <a href=https://stocknews.com/>StockNews.com</a>

3 Cloud Computing Stocks to Buy as the Digital Shift Expands

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