What Happened? A number of stocks jumped in the afternoon session after the software sector caught a massive tailwind, fueled by easing geopolitical tensions and a fresh wave of AI-driven M&A.Over the weekend, President Trump abruptly called off a planned military offensive against Iran. Yielding t…
What Happened? Shares of hospitality software provider Agilysys NASDAQ:AGYS jumped 11.6% in the afternoon session after the company reported better-than-expected second-quarter results and raised its full-year revenue guidance.For the second quarter, the hospitality software provider posted revenue…
What Happened? Shares of business software provider Freshworks NASDAQ:FRSH jumped 3.4% in the afternoon session after the company announced the appointment of Ryan Manning as its new Chief Product and Technology Officer.Manning is set to join on August 10, reporting directly to CEO Dennis Woodside…
Jack Dorsey’s fintech firm Block, Inc. has entered a turf dominated by Microsoft and Salesforce with the launch of a new enterprise messaging and collaboration tool called Buzz earlier this week.The timing is not the most opportune. Notwithstanding a moderate rebound this month, software stocks hav…
Explore more price target data and ratings for Salesforce, Inc. on the Forecasts tab, and track all previous and future analyst recommendations for Salesforce, Inc. in the dedicated News Flow.Select reference data provided by FactSet. Copyright © 2026 FactSet Research Systems Inc. This information…
What Happened? Shares of enterprise software company Workday NASDAQ:WDAY fell 2.5% in the morning session after two Wall Street firms issued bearish calls, highlighted by Morgan Stanley downgrading the stock from Equal Weight to Underweight. The firm slashed its price target from $185 to $145. Anal…
Salesforce NYSE:CRM shares fell about 4% in premarket trading Tuesday after Morgan Stanley downgraded the enterprise software company, citing slower-than-expected progress in translating artificial intelligence initiatives into sustained revenue growth.Morgan Stanley lowered its rating on Salesforc…
Salesforce (NYSE:CRM) reported 13% revenue growth to $11.1B, with $444M from the recent Informatica acquisition boosting top-line results, while the company plans to raise its 2025 security budget by about $1M to roughly $4M amid heightened executive protection and AI-related risks.Previous Week Re…
What Happened? Shares of digital advertising platform The Trade Desk NASDAQ:TTD fell 3.6% in the afternoon session after IBM issued a second-quarter earnings warning, suggesting that enterprise customers may be slashing software budgets to fund hardware purchases.Legacy workflow and application inc…
What Happened? A number of stocks fell in the afternoon session after IBM issued a second-quarter earnings warning, suggesting that enterprise customers may be slashing software budgets to fund hardware purchases.Legacy workflow and application incumbents like ServiceNow NYSE:NOW, Workday NASDAQ:WD…
What Happened? A number of stocks fell in the afternoon session after IBM issued a second-quarter earnings warning, suggesting that enterprise customers may be slashing software budgets to fund hardware purchases.Legacy workflow and application incumbents like ServiceNow NYSE:NOW, Workday NASDAQ:WD…
What Happened? A number of stocks fell in the afternoon session after IBM issued a second-quarter earnings warning, suggesting that enterprise customers may be slashing software budgets to fund hardware purchases. Legacy workflow and application incumbents like ServiceNow NYSE:NOW, Workday NASDAQ:W…
What Happened? A number of stocks jumped in the afternoon session after investors appeared to rotate into oversold enterprise software names amid profit taking in chip stocks.While the Nasdaq retreated and semiconductor leaders like Micron (-4%) sold off, major SaaS incumbents caught a strong bid…
What Happened? A number of stocks jumped in the afternoon session after investors appeared to rotate into oversold enterprise software names amid profit taking in chip stocks.While the Nasdaq retreated and semiconductor leaders like Micron (-4%) sold off, major SaaS incumbents caught a strong bid…
What Happened? A number of stocks jumped in the afternoon session after investors appeared to rotate into oversold enterprise software names amid profit taking in chip stocks. While the Nasdaq retreated and semiconductor leaders like Micron (-4%) sold off, major SaaS incumbents caught a strong bid…
What Happened? A number of stocks jumped in the afternoon session after investors appeared to rotate into oversold enterprise software names amid profit taking in chip stocks.While the Nasdaq retreated and semiconductor leaders like Micron (-4%) sold off, major SaaS incumbents caught a strong bid…
Software stocks appear to be regaining investor attention after months of pressure tied to fears that artificial intelligence could weaken the sector's growth profile. A widely followed software index has advanced 2.2% this month, reducing its year-to-date decline to 12%, while the Philadelphia Sto…
Salesforce NYSE:CRM fell back into focus Wednesday after KeyBanc downgraded the stock to Sector Weight from Overweight, arguing Agentforce is not showing enough momentum to support upside.KeyBanc analysts led by Jackson Ader said customer checks and CIO survey feedback were weak, with Salesforce st…
Salesforce NYSE:CRM fell 4.73% after Bernstein downgraded the Salesforce NYSE:CRM fell 4.73% after Bernstein downgraded the stock to Sector Weight from Outperform, citing a lack of evidence that Agentforce is gaining commercial traction. The firm also withdrew its price target, saying customer chec…
Salesforce, Inc. stock dipped 1.7% on Wednesday and then another 0.5% in the overnight session after an analyst slashed the stock's rating, citing a weak outlook.KeyBanc downgraded Salesforce to ‘Sector Weight’ from ‘Overweight’ with no price target and said that its checks and customer conversatio…
