Episode Transcript
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Speaker 1 (00:00):
Sales Force is currently trading at around two hundred and
forty five United States dollars as of August twenty second,
twenty twenty five, which places the stock close to its
fifty two week low and notably below its recent highs
near three hundred sixty nine United States dollars. The trading
volume in the last session was roughly five point six
million shares, which is slightly below the average, indicating less
(00:24):
movement and reduced investor enthusiasm compared to more active sessions.
The overall market sentiment is described as bearish, with the
Fearing Greed index signaling fear and only forty three percent
green days in the past month. Recently, Mark Benioff, the
chief executive officer, sold two thousand, two hundred fifty shares
(00:44):
at prices between two hundred forty five and two hundred
forty seven United States dollars per share, but he still
retains a significant holding in the company. These sales appeared
to be part of a pre arranged trading plan rather
than a sign of lack of confidence. On the financial side,
Sales Forces showed healthy results, beating quarterly earnings estimates, with
(01:05):
reported earnings per share of two point five eight and
a year over year revenue increase of seven point six percent.
The company finished fiscal twenty twenty four with revenue around
thirty eight billion United States dollars and med income over
six billion United States dollars. Guidance for the next quarter
suggests earnings per share in the range of two point
(01:28):
seven six to two point seven eight. A wave of
analyst updates as recently lowered price targets reflecting caution amid
a more uncertain tech and macro landscape. Notably, Barkleys dropped
its target to three hundred and sixteen United States dollars,
Steifel Nickelauis brought its target down to three hundred and
twenty five United States dollars, and T D Callen reduced
(01:51):
its forecast to three hundred and thirty five United States dollars.
Despite these reductions, the average twelve month price target among
analysts still hovers in the US three hundred and forty six
United States dollars, which represents a possible upside of nearly
forty percent from current levels. Other relevant news includes ongoing
expansion into new markets such as agent forced solutions for
(02:13):
federal agencies, which may drive future growth in short while
sales Force's stock is under pressure with cautious sentiment in
lower volume. The company's financial results continue to be strong,
and analyst consensus maintains a moderate by rating, with substantial
upside possible from present levels.