6 days ago
What to Expect From Salesforce's Next Quarterly Earnings Report
With a market cap of $255.6 billion, Salesforce, Inc. (CRM) is a global leader in customer relationship management (CRM) technology, offering cloud-based solutions that help businesses of all sizes connect with their customers across sales, service, marketing, commerce, and more. The company provides a robust platform powered by AI, data, and automation to drive customer success and digital transformation.
The San Francisco, California-based company is slated to announce its fiscal Q2 2026 earnings results on Wednesday, Aug. 27. Ahead of this event, analysts expect Salesforce to report an EPS of $2.12, a 10.4% growth from $1.92 in the year-ago quarter. It has exceeded Wall Street's earnings expectations in the past four quarters.
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For fiscal 2026, analysts expect the customer-management software developer to report EPS of $8.54, marking an increase of 8.2% from $7.89 in fiscal 2025. Moreover, EPS is anticipated to grow 13.2% year-over-year to $9.67 in fiscal 2027.
Shares of Salesforce have risen 3.7% over the past 52 weeks, lagging behind the broader S&P 500 Index's ($SPX) 17.2% gain and the Technology Select Sector SPDR Fund's (XLK) nearly 26% return over the same period.
Despite beating Q1 2026 expectations with adjusted EPS of $2.58 and revenue of $9.8 billion on May 28, Salesforce shares fell 3.3% the next day due to concerns over slowing core cloud growth and a softer-than-expected Q2 CRPO outlook. While Q1 CRPO rose 12% to $29.6 billion, the Q2 guide implied single-digit constant currency CRPO growth. Additionally, the fiscal 2026 revenue guidance, although slightly raised to $41 billion - $41.3 billion, was driven in part by currency tailwinds, tempering enthusiasm about underlying growth momentum.
Analysts' consensus view on Salesforce stock remains bullish, with a "Strong Buy" rating overall. Out of 49 analysts covering the stock, 36 recommend a "Strong Buy," two "Moderate Buys," nine "Holds," and two "Strong Sells." As of writing, the stock is trading below the average analyst price target of $355.89.
On the date of publication, Sohini Mondal did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on
