Salesforce Signs Definitive Agreement to Acquire Informatica
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CFRA Reiterates Strong Buy Rating on salesforce.com (CRM)
May 29, 2025 12:08 PM UTCCFRA analyst Angelo Zino reiterated a Strong Buy rating and $375.00 price target on salesforce.com (NYSE: CRM).
The analyst comments "We keep our 12-month target at $375, on a P/E of 30x our CY 2026 EPS view of $12.50, above peers, but well below CRM's three-... More
salesforce.com (CRM) PT Lowered to $295 at Citi
May 29, 2025 10:01 AM UTCCiti analyst Tyler Radke lowered the price target on salesforce.com (NYSE: CRM) to $295.00 (from $320.00) while maintaining a Neutral rating.
The analyst comments "While Q1 results likely met a low-bar, we maintain our Neutral rating on CRM seeing Agentforce remaining a show-me... More
FBN Securities Reiterates Outperform Rating on salesforce.com (CRM)
May 29, 2025 9:38 AM UTCFBN Securities analyst Shebly Seyrafi reiterated an Outperform rating and $360.00 price target on salesforce.com (NYSE: CRM).
The analyst comments "Retain Outperform. We retain our Outperform rating and $360PT on CRM following solid FQ1 results in which revenue grew by 8% Y/Y (and came in 1% above consensus), cRPO grew by 12% Y/Y (11% Y/Y at CC) and came i n 1.9% above consensus, billings grew by 11% Y/Y (and came in 2.5% above consensus), and NG EPS of $2.58 came in $.03 above consensus.... More
salesforce.com (CRM) PT Lowered to $396 at Northland
May 29, 2025 8:55 AM UTCNorthland analyst Nehal Chokshi lowered the price target on salesforce.com (NYSE: CRM) to $396.00 (from $423.00) while maintaining a Outperform rating.
The analyst comments "cRPO beat due to FX tailwinds. Implied professional services raise and 22% increase in distribution capacity by end of FY26 point to... More
KeyBanc Reiterates Overweight Rating on salesforce.com (CRM)
May 29, 2025 5:19 AM UTCKeyBanc analyst Jackson Ader reiterated an Overweight rating and $440.00 price target on salesforce.com (NYSE: CRM).
The analyst comments "Most of the headline metrics were either fine or even a slight disappointment relative to our forecasts, particularly in the core, but there was a single exception in current remaining performance obligation (cRPO). cRPO's constant currency growth was 11%, ahead of estimates of 10%, driving current bookings growth of 16.3%, more than double our estimate. For us, coupling the better... More
salesforce.com (CRM) PT Raised to $225 at DA Davidson
May 29, 2025 5:09 AM UTCDA Davidson analyst Gil Luria raised the price target on salesforce.com (NYSE: CRM) to $225.00 (from $200.00) while maintaining a Underperform rating.
The analyst comments "Salesforce reported better than feared results, but the FY2026 outlook adjusting for FX and the F1Q... More
Stifel Reiterates Buy Rating on salesforce.com (CRM)
May 29, 2025 5:06 AM UTCStifel analyst Parker Lane reiterated a Buy rating and $375.00 price target on salesforce.com (NYSE: CRM).
The analyst comments "Salesforce traded a touch higher (~1%) in response to a fairly clean start to the fiscal year. Not surprisingly, management offered a highly optimistic... More
salesforce.com (CRM) PT Raised to $404 at Morgan Stanley
May 29, 2025 4:58 AM UTCMorgan Stanley analyst Keith Weiss raised the price target on salesforce.com (NYSE: CRM) to $404.00 (from $393.00) while maintaining a Overweight rating.
The analyst comments "Q1 cRPO upside and reiteration of FY26 targets prove better than feared against macro volatility and rising... More
JPMorgan Reiterates Overweight Rating on salesforce.com (CRM)
May 29, 2025 4:42 AM UTCJPMorgan analyst Mark Murphy reiterated an Overweight rating and $380.00 price target on salesforce.com (NYSE: CRM)
The analyst comments "Heading into Salesforces Q1 results, we shared with investors our proprietary Salesforce partner survey (see presentation here and investor call recording here), wherein we noted that partner performance vs. plan remained fairly consistent with trending over the last ~2.5 years, while partners expected CY25 practice growth rates were holding firm on average and supportive of our existing revenue forecasts. We also noted some degradation in other metrics, though highlighted that these metrics... More
salesforce.com (CRM) PT Raised to $385 at Goldman Sachs
May 29, 2025 4:30 AM UTCGoldman Sachs analyst Kash Rangan raised the price target on salesforce.com (NYSE: CRM) to $385.00 (from $340.00) while maintaining a Buy rating.
The analyst comments "We reiterate our Buy rating and raise our PT to $385 following Salesforces solid F1Q26 results and raised topline guidance (ex. beat and FX tailwind). The stock is indicated +1% AH (+5% initially) as investors weighed the quarters execution against a shift in sales... More
Wedbush Dan Ives' First Take on salesforce.com (CRM) Earnings, Stock Up 1.6pct After Hours
May 28, 2025 4:59 PM UTCWedbush analyst Daniel Ives reiterated an Outperform rating and $425.00 price target on salesforce.com (NYSE: CRM)
The analyst comments "CRM just reported its FY1Q26 results featuring top and bottom-line beats while raising its FY26 guidance as the buildout of its Agentforce strategy accelerates as CRM starts to capitalize on its agentic AI strategy. Total revenue came in at $9.83 billion (up 8% y/y) above the Streets $9.75 billion while RPO came in at $60.90 million (up 13% y/y) with current RPO of $29.6 million (up 12% y/y in CC) as the company signed 8,000 Agentforce... More
Evercore ISI First Look on salesforce.com (CRM) Earnings: 'Solid F1Q Results Help 'De-Risk' Updated FY26 Guide'
May 28, 2025 4:52 PM UTCEvercore ISI analyst Kirk Materne reiterated an Outperform rating and $350.00 price target on salesforce.com (NYSE: CRM)
The analyst comments "Bottom line: A solid start to the year and perhaps a touch better than we would have expected in terms of the quarterly beat, but the constant currency guide remaining... More
Truist Securities Downgrades Informatica (INFA) to Hold
May 27, 2025 3:11 PM UTCTruist Securities analyst Miller Jump downgraded Informatica (NYSE: INFA) from Buy to Hold with a price target of $25.00 (from $24.00).
The analyst comments "With the announcement this morning that Salesforce would be acquiring Informatica and the corresponding price move through the day, we step to the sidelines and look for other areas to put new investment dollars to work. We downgrade our rating to Hold from Buy and increase our price target to $25 from $24 to reflect the announced deal value. Our estimates remain unchanged. Salesforce (CRM, Buy, Tillman) announced this morning that it is acquiring... More
TD Cowen Reiterates Buy Rating on salesforce.com (CRM)
May 27, 2025 1:11 PM UTCTD Cowen analyst Derrick Wood reiterated a Buy rating and $375.00 price target on salesforce.com (NYSE: CRM).
The analyst comments "Our Thoughts: We think the deal is a smart play to bolster CRM's Agentforce capabilities around the area of the... More
William Blair Reiterates Outperform Rating on salesforce.com (CRM)
May 27, 2025 12:43 PM UTCWilliam Blair analyst Bhavan Suri reiterated an Outperform rating on salesforce.com (NYSE: CRM).
The analyst comments "The transaction. Before the market opened on May 27, Salesforce announced it has signed a definitive agreement to acquire Informatica (INFA $23.88), a data management software provider. Informatica... More
salesforce.com (CRM) PT Lowered to $350 at Canaccord Genuity
May 27, 2025 12:36 PM UTCCanaccord Genuity analyst David Hynes Jr. lowered the price target on salesforce.com (NYSE: CRM) to $350.00 (from $400.00) while maintaining a Buy rating.
The analyst comments "The unofficial start to summer is here and Salesforce kicked things off with a bit of Tuesday morning fireworks. This morning the firm officially announced its third largest acquisition ever,... More
DA Davidson Adds Informatica (INFA) to STAMPEDE List of Special Situation Investment Ideas
May 27, 2025 12:27 PM UTCDA Davidson analyst Gul Luria reiterated a Neutral rating and $18.00 price target on Informatica (NYSE: INFA).
The analyst comments "We are adding Informatica to D.A. Davidson's STAMPEDE list of special situation investment ideas, under the letter T for Takeouts given the recently... More
DA Davidson on salesforce.com (CRM): 'we are hesitant to endorse the deal'
May 27, 2025 12:25 PM UTCDA Davidson analyst Gil Luria reiterated an Underperform rating and $200.00 price target on salesforce.com (NYSE: CRM).
The analyst comments "This morning Salesforce announced it had reached an agreement to acquire Informatica (INFA - NEUTRAL) for $8B or $25 per share, net of its... More
Mizuho Reiterates Outperform Rating on salesforce.com (CRM)
May 27, 2025 10:53 AM UTCMizuho analyst Gregg Moskowitz reiterated an Outperform rating and $380.00 price target on salesforce.com (NYSE: CRM).
The analyst comments "Stock Thoughts: We view the patient death and subsequent clinical hold as unfortunate; however, we believe the pausing of dosing is necessary given CLS is a safety event not previously observed with RP-A501 or other AAV gene therapies, to our knowledge. While we cannot fully eliminate the possibility... More
Truist Securities Reiterates Buy Rating on salesforce.com (CRM), PT $400
May 27, 2025 10:11 AM UTCTruist Securities analyst Terry Tillman reiterated a Buy rating and $400.00 price target on salesforce.com (NYSE: CRM).
The analyst comments "Transaction Details and Salesforce M&A Philosophy. Salesforce Chief Operating and Financial Officer Robin Washington further commented on the company's M&A strategy outlining Informatica as a transformative asset that will help Salesforce maximize customer success and further extend Salesforce AI capabilities. Ms. Washington further commented that Salesforce plans to integrate... More
Guggenheim on Informatica (INFA): 'We believe CRM faces material integration risks'
May 27, 2025 10:07 AM UTCGuggenheim analyst Howard Ma reiterated a Buy rating and $27.00 price target on Informatica (NYSE: INFA).
The analyst comments "Key Message: This morning, Salesforce and Informatica announced they have entered into an agreement for Informatica to be acquired for about $25 in cash per share (a 32% premium to the unaffected price on May 22nd, although down 24% over the last year vs. IGV +24%). This represents about $8B in equity value, $8.5B in EV (including about $600M of net... More
Evercore ISI Reiterates Outperform Rating on salesforce.com (CRM), PT $350, 'we continue to see the risk/reward skewing materially to the upside'
May 27, 2025 10:01 AM UTCEvercore ISI analyst Kirk Materne reiterated an Outperform rating and $350.00 price target on salesforce.com (NYSE: CRM).
The analyst comments "Our View: As discussed in our report last night, we see Informatica as a pretty straightforward transaction that will bolster CRMs data... More
Raymond James Reiterates Strong Buy Rating on salesforce.com (CRM), PT $375, 'we see much more potential synergies outweighing the risks'
May 27, 2025 9:47 AM UTCRaymond James analyst Brian Peterson reiterated a Strong Buy rating and $375.00 price target on salesforce.com (NYSE: CRM)
The analyst comments "The News: This morning, Salesforce announced that it had signed a definitive agreement to acquire Informatica (INFA/$22.55/Not Covered), an enterprise cloud data management platform, for $25.00 per share or ~$8 billion (in equity value). Importantly, CRM has already obtained authorization from shareholders who control 63% of the voting power at Informatica to approve of the acquisition (so no further shareholder action will be required). Salesforce expects that the deal will be accretive (on a... More
