Customer relationship software provider Salesforce. Inc. ($CRM) is scheduled to release its fiscal year 2025 third-quarter results after the market closes on Tuesday.

Analysts, on average, expect the company to report non-GAAP earnings per share (EPS) of $2.44 compared to the year-ago’s $2.11 and the previous quarter’s $2.56.

Revenue is estimated at $9.35 billion, up about 7% year-over-year (YoY) from the $8.72 billion reported for the year-ago quarter. For the preceding second quarter, the company reported 8% YoY revenue growth to $9.33 billion, with remaining performance obligations up 10% YoY at $26.5 billion. 

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Lucid Stock Scores Best Day In About A Month After CFO Flags Strong Q4 On Gravity Demand

Anan Ashraf·4h ago

The guidance issued in late-August models third-quarter revenue of $9.31 billion-$9.36 billion.

Wedbush’s Daniel Ives expects a strong quarter and cloud outlook. In a note released Sunday, the analyst said his channel checks indicated that more customers saw elevated use cases for Salesforce’s entire product portfolio.

Salesforce’s Einstein 1 platform uses artificial intelligence (AI) to create customizable, predictive, and generative AI experiences to fit all business needs. The company’s Agentforce allows organizations to build and manage autonomous agents. 

Salesforce’s management will host an earnings call at 5 p.m. ET. 

Looking ahead, the Marc Bernioff-led company expects revenue of $37.7 billion-$38 billion. It expects subscription and support YoY revenue growth of slightly below 10%.

Wedbush’s Ives said, “We continue to believe the risk/ reward on CRM is very compelling at current levels as the Agentforce strategy plays out over the coming years while the installed base opportunity is still underappreciated by the Street.”

Ives has an “Outperform” rating and $375 price target for Salesforce stock. “CRM remains one of our favorite tech names heading into 2025,” the analyst said. 

Salesforce is a second derivative beneficiary of the AI revolution, which could potentially add about $40 per share to the story, he added. 

On Stocktwits, users are generally ‘bullish’ (58/100) on Salesforce stock, although message volume remained ‘normal.’

Salesforce shares ended Friday’s session little changed at $329.99, and they are up about 26% year-to-date. 

For updates and corrections email newsroom[at]stocktwits[dot]com.

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Apple, Inc. ($AAPL) shares have gained about 24% this year, roughly in line with the broader S&P 500’s 26%+ advance. The year-to-date rise, however, pales before the Magnificent 7 group’s 55% jump, taking the Roundhill Magnificent Seven ETF ($MAGS) as a proxy.

Last Friday, a bullish analyst maintained an “Outperform” rating and $300 price target for the stock, suggesting scope for roughly 26.5% upside from current levels.

Wedbush analyst Daniel Ives said Black Friday that is now in the rearview mirror, kicks off an important holiday season for Apple. His optimism is premised on the Apple Intelligence launching on the iPhone 16 this week with the release of the iOS 18.2 iteration.

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Lucid Stock Scores Best Day In About A Month After CFO Flags Strong Q4 On Gravity Demand

Anan Ashraf·4h ago

The 18.2 will mark a significant software update for Apple Intelligence, bringing to the company’s flagship device a suite of artificial intelligence (AI) features, the analyst said.

Among the features that would be made available via iOS 18.2 are ChatGPT integration in Siri, Visual Intelligence, image playground, and other AI features, Ives noted.

Apple Intelligence will likely roll out in China and many other countries most likely by April, he added.

Apple bears and skeptics have largely ignored the massive installed base of over 2 billion iOS devices and 1.5 billion iPhones, Services business, which alone is worth up to $2 trillion in valuation, and the positive impact of consumer AI going through Apple ecosystem, Ives said.

Wedbush estimates iPhone sales north of 240 million units in fiscal year 2025 as the AI-driven upgrade cycle takes hold, marking a record yearly number. 

“We believe the success of iPhone 16 with a strong holiday season ahead will be the launching pad for a renaissance of growth in Cupertino over the next 12 to 18 months,” Ives said.

Sentiment toward Apple stock continued to be ‘bearish’ (29/100) on Stocktwits, accompanied by ‘low’ volume. 

A Stocktwits user pointed to a “double-top” technical formation on the Apple chart, suggesting an imminent pullback.

Another harbored hopes that a break above $238 could usher in a “‘Santa Claus” rally.

For updates and corrections email newsroom[at]stocktwits[dot]com

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Walt Disney Co. ($DIS) shares ended Friday’s abbreviated session on a modestly negative note despite the strong box numbers for its animated sequel “Moana 2.”  The Polynesian animated adventure continued to do brisk business, collecting a record $221 million domestically over the Thanksgiving week since its opening on Wednesday, according to Box Office Mojo’s estimates.

The number beat initial estimates of $135 million-$145 million, and far exceeded the previous high of $125 million for the Frozen II, which debuted in 2019.

Moana 2’s three-day tally  of $135.5 million for the weekend was the best start for Disney Animation, beating Frozen II’s collection of $130.2 million during the weekend before Thanksgiving. 

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Lucid Stock Scores Best Day In About A Month After CFO Flags Strong Q4 On Gravity Demand

Anan Ashraf·4h ago

Moana 2 also enjoyed the highest five-day opening of all time surpassing the 2023 Super Mario Bros. movie ($204.6 million), Disney said.

Globally, Moana 2 earned $386 million in ticket sales.

Disney said its hot box office streak continues, as “Moana 2” joins “Inside Out 2,” “Deadpool” and “Wolverine” as the top domestic openings of 2024.

Alan Bergman, co-chairman of Disney Entertainment, said, “Moana 2 has far surpassed our high expectations this weekend and is a testament to the phenomenon that Moana has become.”

“We’re fortunate to have an incredibly talented and hard-working creative team at Disney Animation who brought this new adventure to life, alongside our wonderful stars Auli‘i and Dwayne and great new music. This is a moment to celebrate, and we’re thankful to all the moviegoers and fans who’ve helped make this a record-breaking debut.”

Stocktwits platform users were generally upbeat. One Stocktwits user said the stock could be headed toward the $160 level.

Another said the stock is still a strong buy, given the company has made streaming profitable and returned to “box office champ” status. 

Disney shares ended Friday’s session down 0.11% at $117.47, and are up over 30% for the year.

For updates and corrections email newsroom[at]stocktwits[dot]com.

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Hasbro Inc. ($HAS) stock rose nearly 2% on Friday morning following Tesla founder Elon Musk posting on X, his social media platform, about the toy maker’s potential value, lifting retail sentiment.

Musk hinted at a potential interest in the toy company by asking, “How much is Hasbro?” Speculation is rife about Musk’s interest in buying the rights to Dungeons & Dragons that Hasbro’s Wizards of the Coast division currently owns.

Musk’s comments come on the heels of his company xAI saying it plans to launch an AI-related game studio.

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Lucid Stock Scores Best Day In About A Month After CFO Flags Strong Q4 On Gravity Demand

Anan Ashraf·4h ago

Retail sentiment on the stock turned ‘extremely bullish’ (89/100) on Friday while message volumes moved into the 'extremely high' (91/100) zone.

To be sure, Musk's tweet isn’t necessarily a sign of a formal interest. But the billionaire’s increasing interest in AI as well as his past record of teasing out potential company ownership, can roil up markets and potential stocks.

Hasbro’s brands of toys include Power Rangers, Magic: The Gathering, Monopoly, My Little Pony, Nerf, Play-Doh and Transformers. It operates through the following segments: Consumer Products, Wizards of the Coast and Digital Gaming, Entertainment, and Corporate and Other.

Hasbro stock is up 31% year-to-date. 

For updates and corrections email newsroom[at]stocktwits[dot]com.

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Pinterest stock was up nearly 1% on Friday morning after TD Cowen initiated coverage of the stock, but retail sentiment inched down.

TD Cowen analyst John Blackledge gave a ‘Buy’ rating and issued a $38 price target, The Fly.com reported. The firm's survey data reportedly shows Pinterest "over-indexes on product discovery use cases relative to other Social Platforms” that it sees as a tailwind for monetization. 

According to the survey, 44% of U.S. Pinterest users visit the platform to "find or shop for products," more than double the same metric for other social networks like Reddit, Facebook and Instagram, the report added.

Pinterest is also pumping “billions of user actions into its artificial intelligence models” to push more personalized and relevant content.

Retail sentiment on the stock was 'bearish' compared to 'neutral' a week ago.
 

One Stocktwits user suggested the stock's price represented a buying opportunity, while another was optimistic about the next quarter.

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Lucid Stock Scores Best Day In About A Month After CFO Flags Strong Q4 On Gravity Demand

Anan Ashraf·4h ago

For its most recent quarter, Pinterest posted $898.37 million in revenues, beating the $896.89 million that analysts were expecting. Its earnings per share of $0.40 also beat consensus estimates.

“Our AI investments are driving results by powering better personalized experiences and greater performance for advertisers, with our lower-funnel ad tools being the fastest-growing part of our business," Pinterest CEO Bill Ready said at the time of its last earnings. 

Pinterest estimates its fourth quarter revenue to come between $1.125 billion and $1.145 billion. These would be slightly below the analyst consensus of $1.148 billion.

Pinterest stock is down 15.4% year-to-date.

For updates and corrections email newsroom[at]stocktwits[dot]com.

 

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Shares of Robinhood ($HOOD) were up over 3% in Friday’s morning trade after a start-up received the green light to set up a new 24-hour exchange from the Securities and Exchange Commission (SEC) and Bitcoin ($BTC.X) continued its rally towards the $100,000 mark.

The SEC granted approval for the creation of 24X National Exchange by 24 Exchange, backed by Steve Cohen‘s Point72 Ventures, following the startup’s second application attempt.

The new exchange will allow the trading of U.S. securities 23 hours a day, five days a week, but not on weekends. 

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Lucid Stock Scores Best Day In About A Month After CFO Flags Strong Q4 On Gravity Demand

Anan Ashraf·4h ago

The approval comes as momentum for extended trading hours continues to build. Robinhood is attributed for initially sparking the trend during the pandemic, and earlier this month, Charles Schwab Corp. ($SCHW) followed suit, announcing plans to offer 24-hour trading for all S&P 500 and Nasdaq-100 stocks by 2025.

Big exchanges also want some of the action. Last month, Intercontinental Exchange, owner of the New York Stock Exchange (NYSE), revealed plans to extend its NYSE Arca electronic platform to 22 hours a day, five days a week, though the SEC is yet to approve the move. 

Meanwhile, crypto trade picked up on Thanksgiving with equity markets shut for the holiday. Bitcoin crossed $98,450 on Friday morning, as Algorand's ($ALGO.X) price hit a two-year high with total value locked (TVL) and open interest hitting record highs. 

Retail sentiment around the stock improved to ‘neutral’ from ‘bearish’ a day ago, though message volumes remained subdued. 

Robinhood’s stock has quadrupled in value so far this year, far outperforming the broader markets. 

Wall Street is mostly bullish on the stock expecting it to broaden its offerings and grow under the incoming Trump administration, given that President-elect Donald Trump plans to shuffle the leadership at the SEC and was seen as crypto-friendly during his campaign.

Trump reportedly also has plans to create a crypto-specific advisory role in the White House to overlook policy matters for digital assets.

As President Trump's deregulatory agenda takes shape, brokerages, exchanges, and start-ups may have more competition in the round-the-clock trading space.

For updates and corrections email newsroom[at]stocktwits[dot]com.

Read also: Chip Stocks Rise Amid Reports Of Eased U.S. Sanctions, Despite Bernstein's Downgrades: Retail Sentiment Split

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