格隆汇2月26日｜加通贝祥将赛富时的目标价从300美元下调至250美元。 ...

加通贝祥将赛富时公司目标价从300美元下调至250美元。 来源：滚动播报 ...

Salesforce (CRM) reported $11.2 billion in revenue for the quarter ended January 2026, representing a year-over-year increase of 12.1%. EPS of $3.81 for the same period compares to $2.78 a year ago.The reported revenue represents a surprise of +0.32% over the Zacks Consensus Estimate of $11.17 billion. With the consensus EPS estimate being $3.03, the EPS surprise was +25.69%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine ...

Salesforce pulled out all the stops to convince investors that the AI revolution won’t be its death when it announced fourth-quarter earnings on Wednesday. Salesforce reported a solid quarter of $10.7 billion in revenue, up 13% year-over-year. For the year, it reported $41.5 billion in revenue, up 10% over the previous year, with both results boosted by its $8 billion acquisition of data management company Informatica last May. Net income landed at $7.46 billion, and the company offered strong guidanc ...

Core Insights - Salesforce demonstrated resilience in the face of AI-related market fears, reporting a fourth-quarter revenue of $10.7 billion, a 13% year-over-year increase, and a total annual revenue of $41.5 billion, up 10% from the previous year, largely due to its acquisition of Informatica [1][2] Financial Performance - The company reported a net income of $7.46 billion and provided strong guidance for the upcoming year, projecting revenue between $45.8 billion and $46.2 billion, reflecting a 10% to 11% increase [2] - Salesforce's remaining performance obligation (RPO) exceeded $72 billion, indicating significant future revenue under contract [2] Market Context - The software-as-a-service (SaaS) sector, including Salesforce, has faced significant pressure, with concerns about the potential obsolescence of traditional business models due to the rise of AI agents, a phenomenon referred to as the "SaaSpocalypse" [3][4] - CEO Marc Benioff emphasized the term "SaaSpocalypse" multiple times during the earnings call, indicating the seriousness of the market's concerns [3] Strategic Initiatives - To bolster investor confidence, Salesforce increased its dividend by nearly 6% to $0.44 per share and announced a new $50 billion share buyback program, aimed at supporting share prices and providing a solid buyer for its stock [4] - The earnings call format was revamped to include customer testimonials from key clients, showcasing satisfaction with Salesforce's AI agent products [7][8] Product Development - Salesforce introduced a new metric called Agentic Work Units (AWU) to better measure the effectiveness of its AI agents, focusing on task completion rather than just processing volume [9] - The company presented its vision of the future tech landscape, positioning itself as a dominant player in the SaaS space, with AI model makers as commoditized components [10] Competitive Landscape - Salesforce's architectural vision contrasts with that of OpenAI, which recently released its enterprise agent platform, highlighting a competitive dynamic in the SaaS and AI markets [11]

分组1 - Salesforce reported quarterly earnings of $3.81 per share, exceeding the Zacks Consensus Estimate of $3.03 per share, and up from $2.78 per share a year ago, representing an earnings surprise of +25.69% [1] - The company achieved revenues of $11.2 billion for the quarter ended January 2026, surpassing the Zacks Consensus Estimate by 0.32%, and an increase from $9.99 billion year-over-year [2] - Over the last four quarters, Salesforce has consistently surpassed consensus EPS estimates four times and revenue estimates three times [2] 分组2 - The stock has underperformed the market, losing about 30% since the beginning of the year, while the S&P 500 has gained 0.7% [3] - The company's earnings outlook is crucial for investors, with current consensus EPS estimates of $2.96 on $10.95 billion in revenues for the coming quarter and $12.99 on $45.94 billion in revenues for the current fiscal year [7] - The Zacks Industry Rank places the Internet - Software sector in the top 38% of over 250 Zacks industries, indicating a favorable environment for stock performance [8]

消息面上，Salesforce公布截至1月底止第四财季业绩，营收同比增长12%至112亿美元，略高于市场预期 的111.8亿美元；净利润同比增长13%至19.4亿美元，经调整每股盈利3.81美元，高于市场预期的3.04美 元。 然而，公司对新财年的业绩指引令市场失望。公司预计，2027财年营收将介于458亿至462亿美元之间， 大致符合市场预期的460.6亿美元；全年有机订阅收入增速为8%，低于投资者期待的10%。Evercore ISI 分析师Kirk Materne称，有机订阅增速重新回升至10%，将是Salesforce重建投资者信心的关键。(格隆 汇) 客户服务软件商Salesforce(CRM.US)夜盘跌4.5%，报183.17美元。 ...

Core Viewpoint - Salesforce (CRM.US) reported better-than-expected quarterly earnings but saw a significant stock price drop due to lackluster sales growth outlook for the new fiscal year, raising concerns about its competitive position in the AI era [1][2]. Financial Performance - For the fourth quarter ending January 31, Salesforce reported revenue of $11.2 billion, a 12% year-over-year increase, slightly above market expectations of $11.18 billion, marking the fastest growth in two years [2]. - The adjusted earnings per share were $3.81, significantly exceeding the market expectation of $3.04 [2]. - The current remaining performance obligations (CRPO) reached $35.1 billion, surpassing the market expectation of $34.53 billion [2]. AI Competition Concerns - Salesforce's revenue growth was partly driven by the acquisition of Informatica, which contributed $399 million in sales [2]. - The growth rates for Salesforce's core business lines, sales and customer service software, were 8% and 7% respectively, both slightly below Wall Street expectations [2]. - The company is viewed as a representative of Wall Street's anxiety regarding how AI may disrupt existing software vendors, with its stock price having dropped approximately 37% over the past 12 months [2]. AI Strategy - To address AI challenges, Salesforce is heavily investing in its AI platform, Agentforce, which can perform tasks like sales development and customer service without human supervision [3]. - The annual recurring revenue from this product surpassed $800 million in the fourth quarter, up from $500 million in the previous quarter [3]. - Analysts emphasize the need for Salesforce to demonstrate how clients can scale AI applications beyond pilot projects [3]. Future Outlook - Despite market concerns, Salesforce provided an optimistic short-term outlook, projecting first-quarter revenue between $11.03 billion and $11.08 billion, with adjusted earnings per share between $3.11 and $3.13, both above analyst expectations [4]. - The company anticipates a revenue growth rate of 10% to 11% for the full year and expects organic growth to accelerate in the second half [4]. - Salesforce announced a new $50 billion stock buyback plan and increased its quarterly dividend to $0.44 per share, reinforcing its commitment to shareholder value [4]. - CEO Marc Benioff stated that the buyback was initiated due to the current low stock price and emphasized the goal of achieving $63 billion in annual revenue by fiscal year 2030, exceeding previous expectations [4]. Analyst Ratings - Morgan Stanley analysts maintained a "buy" rating for Salesforce, noting that the promotion of its AI business is still in the early stages [5].

一、市场: ●2月26日收盘：美股连续第二日收高 人工智能概念股普涨 北京时间2月26日凌晨，美股周三收高，人工智能概念股普涨。道指、纳指、标普500指数均上涨。英伟达、赛富时等公司将公布财报，投资者重新评估科技 股估值，对人工智能资本支出存疑虑。英伟达股价收高，但其近月表现不佳，市场担忧人工智能支出不可持续。有投资官认为投资者不应与黄仁勋对赌，当 前市场担忧有些过度。软件板块延续涨势，甲骨文等个股走高，Workday因营收预测疲软大跌。此外，投资者关注美伊局势、关税政策及特朗普国情咨文相 关内容。 ●2月26日美股成交额前20：微软遭日本反垄断机构调查 周三美股成交额前20的部分公司有新动态。英伟达收高1.41%，盘后公布财报，第四季度调整后每股收益超预期，CEO称客户竞相投资AI算力；特斯拉收高 1.96%，针对其的招聘歧视诉讼继续推进，但原告证据薄弱；微软收高2.98%，遭日本反垄断机构调查，因可能在云服务市场不正当竞争；AMD收跌 1.39%，与Meta签多年协议供应GPU；Meta收高2.25%，宣布与AMD五年战略伙伴关系；奈飞收高5.97%，派拉蒙提高收购华纳兄弟报价；Coinbase收高 13 ...

Salesforce周三预测2027财年营收低于华尔街预期，这表明该公司在企业商业软件方面的支出疲软，因 为该公司在人工智能平台上投入巨资以推动需求增长。这家总部位于旧金山的公司股价在盘后交易中下 跌超过5%，今年以来跌幅已超过28%。该公司预计全年营收在 458.0 亿美元至 462.0 亿美元之间，中间 值略低于预期的 460.6 亿美元。预测显示，由于企业缩减技术预算，选择专注于基本支出和削减成本， 全球经济的不确定性给商业软件的需求带来了压力。 责任编辑：王永生 Salesforce周三预测2027财年营收低于华尔街预期，这表明该公司在企业商业软件方面的支出疲软，因 为该公司在人工智能平台上投入巨资以推动需求增长。这家总部位于旧金山的公司股价在盘后交易中下 跌超过5%，今年以来跌幅已超过28%。该公司预计全年营收在 458.0 亿美元至 462.0 亿美元之间，中间 值略低于预期的 460.6 亿美元。预测显示，由于企业缩减技术预算，选择专注于基本支出和削减成本， 全球经济的不确定性给商业软件的需求带来了压力。 责任编辑：王永生 ...