Salesforce Surges on Blowout Earnings: Is the Stock Still Undervalued?
Salesforce's stock surged 10.2% in pre-market trading to $226.67 after its strong Q2 2027 earnings report.
The company beat consensus estimates with an 80% beat on EPS at $5.90, up from $3.27, and revenue of $11.35B, a 11% YoY increase.
The forward P/E ratio remains compressed at 14.2x, and the fair-value estimate is $310.79, implying a 37% upside from the post-earnings level.