Salesforce Earnings: Can CRM Reaccelerate Growth Amid AI Transition?

Salesforce CRM stock has been trading sideways in recent sessions as investors await the company's fiscal Q2 earnings, due out on August 26th. The consensus is for Salesforce to record $11.32 billion in revenue and $3.27 per share of earnings (EPS), representing about 11% and 12% growth on the top and bottom lines.

Given its recent gains, simply beating the Q2 consensus may not be enough to trigger a sustained rally in CRM stock. Investors increasingly want evidence that Salesforce can reaccelerate its organic growth while monetizing its artificial intelligence (AI) investments.

The market will closely watch current remaining performance obligations (CRPO), which analysts believe will grow over 13% to about $33.41 billion. A stronger-than-expected figure would suggest robust future demand for Salesforce's subscription products.