Many investors are doubting software companies, but I can’t see a world where $CRM (+1,97%) does not benefit from AI revolution.

Very solid balance sheet, bellow $300 I’m accumulating more shares

$AMZN (-1,95%)

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$CRM (+1,97%)

$NOVO B (-2,31%)

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$CRM (+1,97%)

🔹 Revenue: $10.20B (Est. $10.14B) 🟢; UP +10% YoY

🔹 Adj. EPS: $2.91 (Est. $2.84–$2.86) 🟢; UP +14% YoY

🔹 Added $20B to buyback program (total $50B authorized)

Q3 Guidance

🔹 Revenue: $10.24B–$10.29B (Est. $10.24B) 🟢; UP +8–9% YoY

🔹 EPS: $1.60–$1.62

🔹 Adj. EPS: $2.84–$2.86 🟢

🔹 Operating Margin: 21.2%

🔹 Adj. Operating Margin: 34.1%

FY26 Guidance

🔹 Revenue: $41.1B–$41.3B; UP +8.5–9% YoY

🔹 EPS: $6.99–$7.03

🔹 Adj. EPS: $11.33–$11.37

🔹 Operating Margin: 21.2%

🔹 Adj. Operating Margin: 34.1%

🔹 Operating Cash Flow Growth: +12–13% YoY

Other Q2 Metrics:

🔹 Adj. Operating Margin: 34.3%

🔹 Subscription & Support Rev: $9.7B; UP +11% YoY

🔹 Sales Revenue: $2.27B (Est. $2.24B) 🟢

🔹 Service Revenue: $2.46B (Est. $2.42B) 🟢

🔹 Current RPO: $29.4B; UP +11% YoY

CEO / CFO Commentary

🔸 Marc Benioff: “We delivered an outstanding quarter... remain on track for fiscal 2026 to be a record year with nearly $15B in operating cash flow.”

🔸 Robin Washington: “We exceeded all our financial targets while achieving our tenth consecutive quarter of operating margin expansion.”

Com o corte das taxas de juro nos US o capital aplicado em money market funds (depósitos de curto prazo que estão a pagar cerca de 5% em $) começa a ser investido em ativos de maior risco. Os investidores movem o capital para tentar manter ou aumentar o yield, e grande parte desse fluxo pode ir para ações. O capital em depósitos está em máximos (7,4 trilhões) e parte deste pode entrar para o mercado. Além disso, a médio prazo, a economia deverá aquecer com o corte das taxas.

$AMZN (-1,95%)
$GOOG (+0,47%)
$CRM (+1,97%)
$NOVO B (-2,31%)
$NVDA (-3,33%)
$PLTR (-2,66%)
$O (+1,24%)
$IREN (-0,67%)
$ASML (+1,67%)
$VICI (+0,07%)

$CRM (+1,97%) position increased