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Salesforce Stock Is Gaining Monday: What's Going On?

BenzingaAug 3, 2026, 3:52 PMKaustubh Bagalkote

Salesforce stock bounces above key moving averages as buyers regain momentum. Will CRM breakout past $190.50 resistance? Read more.

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benzinga
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Aug 3, 2026, 3:52 PM
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Aug 3, 2026, 3:52 PM
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  1. The Motley FoolAug 27, 2026, 6:36 PMScott Levine

    Why Salesforce Stock Is Soaring This Week

    Salesforce stock surged 22% this week after beating Q2 2027 earnings expectations with $11.35B in revenue versus $11.32B expected, and posting $4.29 diluted EPS versus $3.27 anticipated. The company raised its fiscal 2027 revenue guidance to $46.1-$46.4B and EPS guidance to $10.21-$10.25, prompting analysts to raise price targets. At 12.1x operating cash flow versus its five-year average of 18.3x, the stock is considered undervalued.

    Read original at the-motley-fool