KeyBanc Trims PT On Salesforce (CRM) To $290 From $300, Reiterates “Overweight” Rating

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Salesforce, Inc. (NYSE:CRM) drew expert attraction aft reporting a beardown quarterly beat.

On May 27, 2026, Salesforce, Inc. (NYSE:CRM) reported first-quarter gross of $11.13 billion, supra the expert estimation of $11.05 billion. Adjusted EPS came successful astatine $3.88, good up of the $3.12 consensus. Subscription and enactment gross grew 14%, besides topping expectations. CEO Marc Benioff said the institution secured 98 caller deals with implicit $1 cardinal successful yearly declaration worth during the quarter.

However, the results were overshadowed by a softer outlook.

Salesforce, Inc. (NYSE:CRM) guided for second-quarter gross of $11.27 cardinal to $11.35 billion, beneath the expert statement of $11.36 billion. Shares were marginally down successful volatile extended trading pursuing the report.

Two expert updates followed connected May 28, 2026.

TD Cowen lowered its terms people to $240 from $250 portion keeping a “Buy” rating, noting first-quarter integrated maturation came successful enactment astatine 7% successful changeless currency. The steadfast said absorption continues to expect integrated acceleration successful the 2nd half, driven by spot successful Agentforce, Data, and Slack pipelines.

Separately, KeyBanc expert Jackson Ader trimmed the firm’s terms people to $290 from $300 and kept an “Overweight” rating, saying in-line integrated metrics and a reiteration of changeless currency guidance were acceptable for a twelvemonth that checks and capitalist conversations had broadly described arsenic sluggish.

Salesforce, Inc. (NYSE:CRM) is an AI-powered planetary endeavor bundle institution whose Customer 360 level integrates autonomous AI agents and instrumentality learning models to automate CRM workflows.

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