Equity Profile

CRM

Salesforce, Inc.

Information TechnologyApplication Software$140.0B

Sep2Wed

Pre-Earnings Brief

UpcomingQ2-2027After Close5:00 PM EDT

Company Snapshot

Salesforce, Inc. (CRM) is a leading provider of cloud-based software for customer relationship management (CRM)....

Key Metrics to Watch

Earnings Per Share (EPS)

EPS is a key indicator of the company's profitability and financial health.

Expected to be around $3.88.

Revenue Growth

Revenue growth reflects the company's ability to expand its market share and customer base.

Expected to show significant growth compared to previous quarters.

1 more metrics, Wall Street expectations, options signals, track record, and call prep available with Pro.

CRM Q2-2027 Earnings Preview

Context

Company Snapshot

Salesforce, Inc. (CRM) is a leading provider of cloud-based software for customer relationship management (CRM). The company plays a crucial role in helping businesses manage their customer interactions and data, which is increasingly important in today's digital economy.

Earnings Scorecard·Last 8Q

EPS Beat Streak

EPS Beat Rate

100%

Avg EPS Surprise

+50.37%

Avg Stock Reaction

+0.48%

Last Quarter Recap

In Q1-2027, Salesforce reported an impressive EPS of $3.88, significantly exceeding expectations. However, the stock experienced a slight decline the following day, indicating mixed investor sentiment.

Management Promises & Guidance

Continued investment in AI and cloud technologies.
Commitment to enhancing customer experience.
Focus on expanding into new markets.

Expectations

Wall Street Expectations

Overall, expectations are high for Salesforce's upcoming earnings, especially given its strong performance in recent quarters. Investors are looking for continued growth and positive guidance.

Bull Case

If Salesforce can maintain its momentum and report strong EPS and revenue growth, it could lead to a significant rally in the stock price.

Bear Case

Conversely, if the company fails to meet high expectations or provides cautious guidance, it could result in a sharp decline in the stock.

Key Metrics to Watch

Earnings Per Share (EPS)

Expected to be around $3.88.

EPS is a key indicator of the company's profitability and financial health.

Revenue Growth

Expected to show significant growth compared to previous quarters.

Revenue growth reflects the company's ability to expand its market share and customer base.

Customer Growth Rate

Expected to continue its upward trend.

An increase in customers indicates strong demand for Salesforce's services.

Expectations

Two Questions That Matter

The print will turn on these two things.

What will the EPS be this quarter, and how does it compare to previous quarters?

Given Salesforce's strong EPS surprises in the past, this number will be crucial for investor confidence.

What guidance will management provide regarding revenue growth?

Investors will be keen to understand the company's outlook, especially in the context of current economic conditions.

Edge

What the Street Is Missing

Why consensus could be wrong

The Street may be underestimating the impact of Salesforce's recent investments in AI, which could drive higher customer retention and new sales.

Supporting Evidence

Salesforce has consistently beaten EPS estimates, indicating strong operational performance.

The options market is pricing a larger move than historical averages, suggesting heightened expectations.

Past performance shows that the stock often reacts positively to strong EPS surprises.

Key Risk

If the EPS comes in below $3.50, it could undermine the bullish narrative surrounding the stock.

Edge

Thesis-Break Levels

Pre-commit to what would confirm each case.

The market is debating whether Salesforce can sustain its impressive growth trajectory amid increasing competition.

Bull Confirmed If

An EPS of $4.00 or higher would strongly confirm the bull case.

Bear Confirmed If

An EPS below $3.50 would likely confirm the bear case.

Pre-Earnings Positioning

Options Market

Implied Move

±6.20%

Historical Avg

±1.3%

Pricing rich

The options market is pricing in a substantial move, suggesting that investors are anticipating significant volatility around the earnings report.

Options are pricing ±6.2% while CRM has averaged ±1.3% over the last 8 prints — setup is pricing rich.

Detail

ATM IV

0.4%

30d HV

49.1%

Calls (6.6M)P/C Ratio: 0.23Puts (3.9M)

Preparation

Post-Print Playbook

Likely market behavior by outcome — not investment advice.

Beat & Raise

History suggests that if Salesforce beats expectations, the stock could rise by an average of +0.48% the next day, confirming strong investor sentiment.

In-Line / Cautious

If results are in line but management provides cautious guidance, the stock may experience muted movement, reflecting uncertainty.

Miss

If Salesforce misses expectations, the stock could decline, potentially mirroring the average move of -0.88% seen in previous quarters.

Preparation

Congressional Activity

House & Senate STOCK Act disclosures over the trailing 6 months.

Trades

2 buys·3 sells

Members

House only

Est. Notional

$19,005.00–$110,000.00

disclosed dollar ranges

Most Active Members

R-OHDavid J. TaylorRep.
4

Earnings Track Record

Preparation

What to Listen For

Call Prep

1Details on customer growth and retention rates.
2Updates on AI and cloud service developments.
3Management's outlook on market conditions.
4Any new partnerships or acquisitions.
5Insights into competitive pressures and how Salesforce plans to address them.

See the full picture

AI-powered briefs, options data, and 20 quarters of history — everything you need before earnings.

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More Earnings This Week

5 Reports

Frontline plc

Company Snapshot

Salesforce, Inc. (CRM) is a leading provider of cloud-based software for customer relationship management (CRM)....

Key Metrics to Watch

Earnings Per Share (EPS)

EPS is a key indicator of the company's profitability and financial health.

Expected to be around $3.88.

Revenue Growth

Revenue growth reflects the company's ability to expand its market share and customer base.

Expected to show significant growth compared to previous quarters.

1 more metrics, Wall Street expectations, options signals, track record, and call prep available with Pro.

CRM Q2-2027 Earnings Preview

Context

Company Snapshot

Earnings Scorecard·Last 8Q

EPS Beat Streak

EPS Beat Rate

100%

Avg EPS Surprise

+50.37%

Avg Stock Reaction

+0.48%

Last Quarter Recap

Management Promises & Guidance

Continued investment in AI and cloud technologies.
Commitment to enhancing customer experience.
Focus on expanding into new markets.

Expectations

Wall Street Expectations

Overall, expectations are high for Salesforce's upcoming earnings, especially given its strong performance in recent quarters. Investors are looking for continued growth and positive guidance.

Bull Case

If Salesforce can maintain its momentum and report strong EPS and revenue growth, it could lead to a significant rally in the stock price.

Bear Case

Conversely, if the company fails to meet high expectations or provides cautious guidance, it could result in a sharp decline in the stock.

Key Metrics to Watch

Earnings Per Share (EPS)

Expected to be around $3.88.

EPS is a key indicator of the company's profitability and financial health.

Revenue Growth

Expected to show significant growth compared to previous quarters.

Revenue growth reflects the company's ability to expand its market share and customer base.

Customer Growth Rate

Expected to continue its upward trend.

An increase in customers indicates strong demand for Salesforce's services.

Expectations

Two Questions That Matter

The print will turn on these two things.

What will the EPS be this quarter, and how does it compare to previous quarters?

Given Salesforce's strong EPS surprises in the past, this number will be crucial for investor confidence.

What guidance will management provide regarding revenue growth?

Investors will be keen to understand the company's outlook, especially in the context of current economic conditions.

Edge

What the Street Is Missing

Why consensus could be wrong

The Street may be underestimating the impact of Salesforce's recent investments in AI, which could drive higher customer retention and new sales.

Supporting Evidence

Salesforce has consistently beaten EPS estimates, indicating strong operational performance.

The options market is pricing a larger move than historical averages, suggesting heightened expectations.

Past performance shows that the stock often reacts positively to strong EPS surprises.

Key Risk

If the EPS comes in below $3.50, it could undermine the bullish narrative surrounding the stock.

Edge

Thesis-Break Levels

Pre-commit to what would confirm each case.

The market is debating whether Salesforce can sustain its impressive growth trajectory amid increasing competition.

Bull Confirmed If

An EPS of $4.00 or higher would strongly confirm the bull case.

Bear Confirmed If

An EPS below $3.50 would likely confirm the bear case.

Pre-Earnings Positioning

Options Market

Implied Move

±6.20%

Historical Avg

±1.3%

Pricing rich

The options market is pricing in a substantial move, suggesting that investors are anticipating significant volatility around the earnings report.

Options are pricing ±6.2% while CRM has averaged ±1.3% over the last 8 prints — setup is pricing rich.

Detail

ATM IV

0.4%

30d HV

49.1%

Calls (6.6M)P/C Ratio: 0.23Puts (3.9M)

Preparation

Post-Print Playbook

Likely market behavior by outcome — not investment advice.

Beat & Raise

History suggests that if Salesforce beats expectations, the stock could rise by an average of +0.48% the next day, confirming strong investor sentiment.

In-Line / Cautious

If results are in line but management provides cautious guidance, the stock may experience muted movement, reflecting uncertainty.

Miss

If Salesforce misses expectations, the stock could decline, potentially mirroring the average move of -0.88% seen in previous quarters.

Preparation

Congressional Activity

House & Senate STOCK Act disclosures over the trailing 6 months.

Trades

2 buys·3 sells

Members

House only

Est. Notional

$19,005.00–$110,000.00

disclosed dollar ranges

Most Active Members

R-OHDavid J. TaylorRep.
4

Earnings Track Record

Preparation

What to Listen For

Call Prep

1Details on customer growth and retention rates.
2Updates on AI and cloud service developments.
3Management's outlook on market conditions.
4Any new partnerships or acquisitions.
5Insights into competitive pressures and how Salesforce plans to address them.