From Yahoo Finance: 2025-05-29 23:00:00

Bernstein raised the price target on Salesforce, Inc. (NYSE:CRM) to $255 from $243 with an Underperform rating after the company reported fiscal Q1 2026 earnings of $9.8 billion, an 8% YoY growth. Operating cash flow was $6.5 billion, up 4% YoY, while free cash flow rose 4% YoY to $6.3 billion. Salesforce delivered an “in-line quarter,” missed on margins, but beat on revenue. Full-year guidance was raised to $41.3 billion. The company announced an $8 billion deal to acquire Informatica to boost its AI presence. Bernstein sees CRM as a solid investment but believes other AI stocks offer higher potential returns.



Read more at Yahoo Finance: Bernstein Raises Salesforce (CRM) Price Target to $255, Keeps Underperform Rating