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Salesforce Boosts Q3 Earnings Guidance, Exceeds Consensus Estimates

Instruments
CRM
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Salesforce updated its Q3 2027 earnings guidance on Wednesday morning, providing EPS guidance of $3.420-$3.440 for the period, compared to the consensus estimate of $3.160.

The company also issued revenue guidance of $11.4 billion-$11.5 billion, compared to the consensus revenue estimate of $11.4 billion.

Salesforce's FY 2027 EPS guidance was updated to $16.670-$16.710.

A number of analysts have weighed in on CRM shares, with UBS Group upping its target price from $185 to $210 and giving the stock a 'neutral' rating.

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