Monness analyst Brian White has maintained their neutral stance on CRM stock, giving a Hold rating today.
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Brian White has given his Hold rating due to a combination of factors impacting Salesforce’s current and future performance. While the company reported a slight revenue beat and a notable earnings per share (EPS) increase for the second quarter of fiscal year 2026, its guidance for the third quarter was less than inspiring. This mixed outlook, coupled with a competitive environment and ongoing transitions in its software offerings, suggests a cautious approach.
Despite Salesforce’s strong position in the growing artificial intelligence market and its recent expansion of the stock repurchase program, the overall growth remains muted. The company’s unearned revenue and billings fell short of expectations, and while there is optimism around new innovations like Agentforce, the macroeconomic conditions remain challenging. These factors collectively contribute to the decision to maintain a Hold rating on Salesforce’s stock.
According to TipRanks, White is a top 100 analyst with an average return of 17.6% and a 68.81% success rate. White covers the Technology sector, focusing on stocks such as Apple, Salesforce, and MongoDB.
In another report released today, UBS also maintained a Hold rating on the stock with a $260.00 price target.