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Options traders expect Salesforce shares to rise after earnings
For Aug. 28 options, the put-to-call ratio is 0.85x, pointing to a potential 6.6% move versus current levels after the Aug. 26 close.
Ahead of Salesforce’s fiscal Q2 earnings release after the market closes on Aug. 26, options-market signals point to a bullish reaction for CRM shares, with traders braced for upside through the Aug. 28 expiration window.
According to Yahoo Finance, the put-to-call ratio for Aug. 28 contracts is 0.85x, interpreted as bullish, and the upper price target in the setup sits near $223, which implies a roughly 6.6% rally tied to the earnings event. The article also notes Salesforce stock is up nearly 40% from its late-June low.
Consensus estimates call for Salesforce to report $2.35 in earnings per share for the quarter, up 3.5% year over year, and the story links the optimistic derivatives tone to fundamentals such as Salesforce trading at about 20x forward earnings and a 0.84% dividend yield.
The piece also points to demand for Salesforce’s AI-powered Agentforce platform and says the company has shown strong cash generation and improving profitability, citing Q1 free cash flow of $6.6 billion, while noting institutional investors hold more than 80% of shares outstanding.