Salesforce Set to Announce Q1 Results Amid Mixed Market Sentiment

San Francisco, CA — Salesforce, a leader in customer relationship management software, is set to announce its fiscal first-quarter results on May 28, 2025, after the market closes. Analysts are cautiously optimistic about the company’s prospects, despite CRM stock having fallen more than 18% year-to-date amidst macroeconomic uncertainties.

The analysts project a year-over-year revenue growth of 4.5%, with expected earnings reported at $9.75 billion, marking a 6.8% increase compared to the same quarter last year. This follows a previous quarter in which Salesforce barely missed revenue expectations, reporting $9.99 billion—0.5% shy of the estimates.

TD Cowen’s analyst recently reiterated a Buy rating, maintaining a price target of $375. While the outlook remains mixed, he expressed optimism over the performance of Salesforce’s Data and AI cloud segments. However, there are noted challenges, particularly with slower growth on the commercial side.

Jefferies also retains a Buy rating with a similar price target of $375, noting that while partners exhibit cautious optimism, the general sentiment suggests revenue growth aligns with expectations without notable upside.

In contrast, Citi analyst lowered their price target for CRM from $335 to $320, citing mixed indications on demand for Salesforce’s offerings. Despite a weaker U.S. dollar potentially aiding revenue figures, they expect growth to stay constrained in the near term.

As Salesforce approaches its earnings report, traders are using tools such as TipRanks to gauge potential market reactions. The anticipated earnings move varies, with analysts noting that Wall Street currently reflects a Moderate Buy consensus on Salesforce’s stock.

The broader tech market is under scrutiny this week, and several other companies in the sector are expected to provide earnings updates that may influence market perception.