Salesforce (NYSE:CRM) has surged into a strong rally this month, pushing shares to their highest level since February. The stock is now up 43% from its 2026 low, tracking the broader rebound in software names. That momentum faces its biggest test yet when the company reports earnings later this week.
Salesforce Earnings to Provide More Information on its Growth
CRM stock has jumped in the past few weeks as investors have rotated back to software companies. This rebound continued last week after a report showed that Silver Lake was considering buying Workday (NASDAQ:WDAY).
Salesforce’s rally will be put to the test when it releases its earnings this week. These results are expected to provide more insights on whether its business is benefiting from the ongoing artificial intelligence boom.
The most recent results showed that Salesforce was seeing modest growth. Its revenue rose by 13% in the first quarter to $10.6 billion. This growth, however, was partly because of its Informatica buyout, which contributed $428 million.
