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Should You Buy, Hold, or Sell Salesforce Stock After May 28?

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Salesforce, Inc. (CRM - Free Report) will report its first-quarter fiscal 2026 results on Wednesday after market close. Thus, let’s examine Salesforce’s projected earnings, long-term growth factors, and post-earnings stock trading strategies. 

Salesforce’s Q1 Earnings: What Should We Anticipate? 

Salesforce expects fiscal first-quarter revenues to come in at $9.74 billion, suggesting an increase of 6.6% from the year-ago quarter. Earnings per share (EPS) are projected at $2.54, indicating 4.1% growth year over year.  

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Moreover, over the last four quarters, Salesforce has achieved an average positive earnings surprise of 4.4%, signaling that it may meet its desired earnings growth in the fiscal first quarter. (Find the latest EPS estimates and surprises on Zacks Earnings Calendar.)

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Strong momentum in Salesforce’s artificial intelligence (AI) platform, Agentforce, is expected to boost earnings in the fiscal first quarter. With the help of Agentforce, Salesforce can provide its customers out-of-the-box AI agents that can handle tasks related to customer service and technical issues.  

Agentforce enhances workers’ efficiency regarding productivity. Salesforce first released Agentforce in September 2024, and in December of the same year, the updated version, Agentforce 2.0, was made available. 

What Factors Will Drive Salesforce’s Long-Term Growth? 

While positive first-quarter fiscal results are anticipated to raise Salesforce’s stock price, a recent deal with Informatica Inc. (INFA - Free Report) has already made a significant impact.  

In an all-cash transaction, Salesforce will acquire Informatica for $8 billion. Earlier in April 2024, Salesforce was expected to purchase Informatica at a mid-$30 per share price point. However, now Salesforce is acquiring it at a much reduced price of $25 per share.  

Salesforce’s AI strategy is anticipated to be strengthened by the deal, which is expected to close in the next fiscal year. Informatica’s integration into the Salesforce platform would improve its data foundation, leading to substantial growth. 

Anyway, the Customer Relationship Management (CRM - Free Report) market, where Salesforce holds the top spot globally, is projected to witness a robust 14.6% CAGR from 2025 to 2030, according to Grand View Research. Consequently, Salesforce anticipates its fiscal 2026 revenues to increase by 7% to 8%, reaching a range of $40.5 billion to $40.9 billion, and adjusted EPS to similarly improve. 

How to Trade Salesforce Stock Post Q1 Earnings? 

With Agentforce expected to boost fiscal first-quarter results, the Informatica deal, and a competitive edge in the CRM market, should compel the existing stakeholders to hold onto Salesforce stock. Salesforce is also cash-rich, which should help it pay off debts, pursue strategic acquisitions, and increase investments in growth opportunities. 

However, regardless of fiscal first-quarter results, Salesforce’s stock price could be volatile due to U.S. market saturation, competition from cloud-based players like Microsoft Corporation (MSFT - Free Report) and Oracle Corporation (ORCL - Free Report) , and reduced IT spending caused by high interest rates and inflation. So, new entrants should avoid investing in Salesforce stock until these challenges are resolved.  

Salesforce stock, for now, has a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks Rank #1 (Strong Buy) stocks here.

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