Analysts expect Salesforce to report consensus revenue of $11.33 billion and adjusted EPS of $3.27 for the quarter, reflecting year-over-year growth of 10.6% and 12.4% respectively. The stock currently trades around $209.17, trailing the average analyst price target of $260.10 by approximately 24%.
Investors are primarily focused on the growth of current Remaining Performance Obligation (cRPO), which is estimated to increase by 14% in constant currency. This focus comes as Salesforce pivots toward its autonomous AI platform, Agentforce, seeking to monetize generative AI agents to offset broader enterprise software spending headwinds.
While a massive $25 billion share repurchase program has supported the bottom line, concerns persist regarding the recent departure of engineering head Srini Tallapragada and the durability of traditional seat-based licensing models.