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3 Takeaways From salesforce.com, inc. Earnings


3 Takeaways From salesforce.com, inc. Earnings

Even though salesforce.com's (NYSE: CRM) stock traded more than a percent lower after market open on Wednesday, following its third-quarter earnings release on Tuesday afternoon, it would be difficult to argue that the results didn't impress investors. After all, the stock mostly held its sharp run-up recently. Even after a slight pullback in its stock price on Wednesday, shares are still up 8% in the past 30 days and 17% in the past three months.

What was behind Salesforce's results? More rapid revenue and earnings growth, its fourth guidance raise in a row for fiscal year 2018, and more.

Image source: Getty Images.

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Source: Fool.com

Salesforce.com Stock

€168.66
0.520%
The Salesforce.com stock is trending slightly upwards today, with an increase of €0.88 (0.520%) compared to yesterday's price.
Currently there is a rather positive sentiment for Salesforce.com with 102 Buy predictions and 6 Sell predictions.
With a target price of 256 € there is a hugely positive potential of 51.78% for Salesforce.com compared to the current price of 168.66 €.
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