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Why Salesforce Stock Jumped Today

TheMotleyFool

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Why Salesforce Stock Jumped TodayPhoto, wide shot, wide-angle lens, Computer hardware manufacturer, Midday, harsh overhead sunlight, directional sunlightt, photo by Art Wolfe: https://img.theapi.app/temp/bee95973-d201-429b-849e-52867059bd1a.png

Shares of Salesforce.com (NYSE: CRM) surged 7.2% on Thursday after the cloud-based CRM software leader lifted its revenue forecast and offered investors an optimistic outlook for its next fiscal year.

Salesforce now expects to generate revenue in the $26.25 billion to $26.35 billion range in its fiscal 2022, which ends on Jan. 31. That's up from a prior estimated range of $26.2 billion to $26.3 billion.

Image source: Getty Images.

Source Fool.com

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