ARE SALEFORCE SHARES STILL WORTH BUYING?
- Aiming to increase operating margins and a question on share growth: The question that observers and investors are watching is whether the pursuit of higher operating margins will contribute to stock growth. However, some analysts point out that a resumption of revenue growth may be necessary to sustain long-term success.
- Thecompany's commitment to artificial intelligence (AI): At the Dreamforce conference, the company highlighted its increased focus on generative artificial intelligence (AI). Salesforce $CRM is considered one of the major AI events, and its partnership with language model developers is supporting the development of future applications.
-Commitment to profitability: Salesforce $CRM has demonstrated a strong commitment to profitability. The restructuring plan includes reducing headcount by 10% and shrinking office space. Changes in acquisitions and the elimination of the merger committee indicate a change in strategy.
-Competition and Challenges: Salesforce $CRM faces strong competition, especially from Microsoft. Watching how Salesforce deals with competitive pressure while maintaining innovation and growth is a key factor for investors.
- Third quarter results: The company's latest third-quarter earnings report showed profit growth of 51% and revenue growth of 11%. The company beat analysts' expectations, underscoring its strong market position.
- Fourth quarter results expected: With fourth-quarter results expected on Feb. 28, it will be key to see how Salesforce deals with market challenges and what steps it takes toward sustaining its success.
Do you think that efforts to improve margins can positively impact the company's growth?