This is a fundamental analysis of Salesforce (CRM) stock. Salesforce reported second quarter revenue of $10.2 billion, up 10% year-over-year. The company's current remaining performance obligations of $29.4 billion was up 11% year-over-year. The company's operating profit margin reached 22.8%. The company spent $2.2 billion buying back shares, which is a sign of relief. A target price is inferred to $275 in the next 12 months. The failure bound is $240.