Salesforce.com (NYSE: CRM) has yet again posted a very strong quarter, beating estimates and expectations all over the place. Amid lingering macro-economic concerns, the company simply outperformed all weaknesses to post staggering results. Since the announcement, the company has climbed 10% during pre-market hours and a wave of sell side updates followed.

CRM reported fourth quarter revenue of $1,809 million which shows a 25% increase on yearly basis, beating both Wedbush estimate of $1,800 million and street estimate of $1,790 million. Revenue in all regions and sectors grew in double figures, however, most exciting of which is the 43% yearly growth in App cloud platform. EPS (non-GAAP) was in line with consensus at $0.19. The guidance for FY17 was also upgraded with a rise in revenue and EPS. The FY17 revenue guidance has a range of $8.08 – $8.12 billion which will be 21-22 % yearly growth, while, EPS has a midpoint guidance of $1.

Steve Koenig, analyst at Wedbush reiterated his Outperform rating and changed his price target to $95 from $92 on the back of a very strong Q4 posting. He believes the strong performance can be attributed to significant growth in all regions and segment. The guidance for Q1 only included a $20 million rise on higher end of revenue, whereas, everything else remained constant.

Abhey Lamba, Mizuho analyst, is largely positive on the stock and has praised the product diversity, which he believes will bring benefits for company over time. The sales cloud grew only 12% in contrast to other cloud systems where growth was 30 to 40 percent. A significant number of large deals were closed during the quarter including an insurance contract in hundreds of millions. The analyst maintained a Buy rating on the stock with a $90 price target.

The stock has 17 Strong Buy ratings, 25 Buy ratings and two Holds. Surprisingly, the stock also has a lone Sell rating suggesting the bear camp is not empty. The price for stock at the open of market is $69.23 today and by the looks of it, the stock will surely rise.