Needham analyst Scott Berg expressed views on Salesforce, Inc. (NYSE:CRM) ahead of its second quarter results release on August 28, 2024.
The analyst writes that following a weak first quarter, they expect Salesforce to report limited upside in the second quarter due to ongoing macroeconomic pressures on spending.
The analyst remains cautious as demand softness is noted across most cloud segments, including Service Cloud, which had previously been a strong performer.
Berg expects Salesforce’s Data Cloud to be a focal point in the discussions, especially given its ...
