Based on the average brokerage recommendation (ABR), Salesforce.com (CRM) should be added to one's portfolio. Wall Street analysts' overly optimistic recommendations cast doubt on the effectiveness of this highly sought-after metric. So, is the stock worth buying?
First quarter earnings for Salesforce are due May 29 amid improving profit margins. Analysts expect a 40% profit jump. Generative artificial intelligence may boost revenue by fiscal 2026.
The Zacks Analyst Blog Highlights Alphabet, Datadog, Garmin, Salesforce and CrowdStrike.