Salesforce Investor Day Review, Shares Up 2%
<p>Oppenheimer analysts provided their key takeaways from <a href='https://financialmodelingprep.com/financial-summary/CRM'>Salesforce, Inc. (NYSE:CRM)</a> Investor Meeting, where the company reaffirmed its $50 billion revenue target in 2026. Shares were trading more than 2% higher Thursday afternoon.</p>
<p>According to the analysts, the most meaningful comment was management guiding to a strong medium-term operating margin. Salesforce's CFO Amy Weaver presented a robust medium-term (three years) operating margin target from sustained growth expectations, and a lower CAC through self-service and sales productivity gains and leverage in G&A. </p>
<p>According to the analysts, sales and marketing expenses have been a headwind for the operating margin in recent years but are turning into a tailwind. This should translate into an operating margin of over 25% in fiscal 2026, which is above Street estimates. </p>
<p>The analysts believe the margin guidance and management commentary should diminish any concerns about the growth trajectory, uses of cash, and the sustainability of margin expansion.</p>

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