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home / news releases / salesforce bullish on cloud mission unity

BL - Salesforce: Bullish On Cloud Mission Unity

BlackLine Inc.
  • Salesforce's mission unity around the cloud warrants a price premium over its peers who are wholly or partially phasing out legacy client/server delivery models.
  • On top of the cloud migration trend, Salesforce is well-positioned to benefit from business automation trends accelerated by the pandemic.
  • The temporary dip in EPS next quarter concerning the extraordinary expenses tied to Slack M&A is already priced in and compensated by management record of successful business integration.
  • Despite trading at record highs, Salesforce's valuation is in line with the industry average.

For further details see:

Salesforce: Bullish On Cloud Mission Unity
Stock Information
Company Name: BlackLine Inc.
Stock Symbol: BL
Market: NASDAQ
Website: blackline.com
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