Cloud-based software company Salesforce exceeded analysts’ expectations on first-quarter earnings.
The company’s adjusted earnings came in at $1.21 a share, well above the 88 cents per share expected by analysts polled by Refinitiv.
Revenue for the quarter climbed +23% year-over-year to $5.96 billion, vs. $5.89 billion as expected by analysts, according to Refinitiv.
Revenue generated by Salesforce’s core Sales Cloud product was up +11% year-over-year.
The Platform and Other segment that includes the MuleSoft and Tableau products, (Salesforce’s top segment for subscription and support revenue) grew +28%.
For the fiscal second-quarter, Salesforce expects 91 cents to 92 cents in adjusted earnings per share, compared to analysts’ forecast of 86 cents. The company projects revenue to be between o $6.22 billion to $6.23 billion, higher than analysts’ estimate of $6.15 billion.
For the full 2022 fiscal year, Salesforce projects adjusted earnings in the range of $3.79 to $3.81 per share – higher than analysts’ expectation of $3.43 . While Salesforce predicts revenue $25.9 billion to $26.0 billion (22% growth), analysts polled by Refinitiv expect $25.76 billion in revenue.
CRM's Aroon Indicator triggered a bullish signal on September 15, 2026. Tickeron's A.I.dvisor detected that the AroonUp green line is above 70 while the AroonDown red line is below 30. When the up indicator moves above 70 and the down indicator remains below 30, it is a sign that the stock could be setting up for a bullish move. Traders may want to buy the stock or look to buy calls options. A.I.dvisor looked at 198 similar instances where the Aroon Indicator showed a similar pattern. In 159 of the 198 cases, the stock moved higher in the days that followed. This puts the odds of a move higher at 80%.
The Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. 43 of 57 cases where CRM's Stochastic Oscillator exited the oversold zone resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are 75%.
The 50-day moving average for CRM moved above the 200-day moving average on September 15, 2026. This could be a long-term bullish signal for the stock as the stock shifts to an upward trend.
Following a +5.05% 3-day Advance, the price is estimated to grow further. Considering data from situations where CRM advanced for three days, in 226 of 327 cases, the price rose further within the following month. The odds of a continued upward trend are 69%.
The 10-day RSI Indicator for CRM moved out of overbought territory on September 08, 2026. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 30 similar instances where the indicator moved out of overbought territory. In 14 of the 30 cases, the stock moved lower in the following days. This puts the odds of a move lower at 47%.
The Momentum Indicator moved below the 0 level on September 15, 2026. You may want to consider selling the stock, shorting the stock, or exploring put options on CRM as a result. In 60 of 83 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are 72%.
The Moving Average Convergence Divergence Histogram (MACD) for CRM turned negative on September 10, 2026. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 46 similar instances when the indicator turned negative. In 29 of the 46 cases the stock turned lower in the days that followed. This puts the odds of success at 63%.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where CRM declined for three days, the price rose further in 50 of 62 cases within the following month. The odds of a continued downward trend are 67%.
The Tickeron Valuation Rating of 16 (best 1 - 100 worst) indicates that the company is slightly undervalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (4.873) is normal, around the industry mean (51.456). P/E Ratio (20.812) is within average values for comparable stocks, (82.636). Projected Growth (PEG Ratio) (0.759) is also within normal values, averaging (3.135). Dividend Yield (0.008) settles around the average of (0.011) among similar stocks. P/S Ratio (5.107) is also within normal values, averaging (69.875).
The Tickeron Price Growth Rating for this company is 41 (best 1 - 100 worst), indicating steady price growth. CRM’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron SMR rating for this company is 48 (best 1 - 100 worst), indicating strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron Seasonality Score of 85 (best 1 - 100 worst) indicates that the company is significantly overvalued in the industry. The Tickeron Seasonality score describes the variance of predictable price changes around the same period every calendar year. These changes can be tied to a specific month, quarter, holiday or vacation period, as well as a meteorological or growing season.
The Tickeron PE Growth Rating for this company is 86 (best 1 - 100 worst), pointing to worse than average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The Tickeron Profit vs. Risk Rating rating for this company is 100 (best 1 - 100 worst), indicating that the returns do not compensate for the risks. CRM’s unstable profits reported over time resulted in significant Drawdowns within these last five years. A stable profit reduces stock drawdown and volatility. The average Profit vs. Risk Rating rating for the industry is 94, placing this stock worse than average.
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
a developer of on-demand customer relationship management software technology
Industry PackagedSoftware