Salesforce is on the AI train, but that won’t guarantee blowout earnings

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Salesforce is on the AI train, but that won’t guarantee blowout earnings
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Salesforce is expected to highlight its AI products in its earnings report, but analysts caution that business spending hasn't been as robust as expected.

Salesforce Inc. is expected to highlight its AI products in its earnings report, but analysts cation that business spending hasn’t been as robust as expected.

Two things could help Salesforce on its outlook for the year, he said: the company’s recent price increases and a potential “faster-than-expected adoption of its premium, monetized AI products.” Wall Street analysts, on average, forecast fiscal second-quarter earnings of $1.90 per share on revenue of $8.53 billion.

 

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