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Barchart

Wajeeh Khan

Ahead of Salesforce Earnings, Here's What Barchart Data Says Comes Next for CRM Stock

The options market expects Salesforce (CRM) shares to rally on the back of its fiscal Q2 earnings set to be released after the market closes on Aug. 26. Consensus is for the enterprise software giant to post $2.35 in earnings per share (EPS) for its second quarter, up 3.52% year-over-year.

The bullish derivatives market sentiment is particularly significant given Salesforce stock has been in a sharp uptrend, currently up nearly 40% versus its low in late June.

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