What to Expect From Salesforce’s Upcoming Q2 Earnings?
<p>Oppenheimer analysts provided their outlook on <a href='https://financialmodelingprep.com/financial-summary/CRM'>Salesforce, Inc. (NYSE:CRM)</a> ahead of the company’s upcoming Q2 earnings, expecting an in-line quarter with upside potential to operating margin and good margin growth potential providing a path to expand the investor base over time. The analysts raised their price target to $240 from $205, while reiterating their outperform rating. The analysts estimate Q2 total revenue of approximately $7.70 billion (up 21% year-over-year) and EPS of $1.01.</p>
<p>The analysts believe the company remains a long-term enterprise market-share gainer but that near-term enterprise spending plans on Salesforce, and in general, are under pressure from macro uncertainty. Growth investments for digital transformation are increasing in priority as growth becomes harder to find, but businesses are also rationalizing operating cost structures, which is elongating sales cycles.</p>

NYSE:CRM