Overview

• Salesforce posted Q1 revenue of $9.83 billion, up 8% year-over-year, and adjusted earnings of $2.58 per share, both exceeding analyst estimates.
• The company raised its fiscal 2026 revenue guidance to $41.0 billion–$41.3 billion following its strong quarterly performance.
• Salesforce announced an $8 billion acquisition of Informatica to enhance its data integration and AI analytics capabilities.
• RBC Capital downgraded Salesforce to “Sector Perform” and cut its price target to $275, leading to a 7.21% stock decline on May 29.
• Evercore ISI reiterated an “Outperform” rating with a $350 price target, highlighting ongoing division among analysts on the company’s outlook.