Salesforce (CRM) closed at $210.81 and has declined 14.16% over the past month, though underlying performance remains strong, supported by a significant Q3 earnings beat and momentum in its AI-driven products.
- The company reported strong Q3 earnings, beating expectations with $3.25 EPS compared to the estimated $2.58.
- Momentum is strong in the AI segment, with the Agentforce product generating $540 million in recurring revenues in Q3, marking a 330% year-over-year increase.
- Wall Street maintains a constructive outlook, setting a consensus price target of $327.40, representing 43.26% upside potential.