Salesforce.com, Inc (NYSE:CRM) this morning lifted its full-year 2022 revenue forecast to a slightly higher range of $26.25 billion to $26.35 billion, and initiated a full-year revenue outlook of $31.65 billion to $31.80 billion, blowing past analysts' estimates. The company cited rising demand for its cloud-based software as more people adopt a hybrid work style, due to the pandemic. 

In response, the equity is up 3.2% at $267.34 in electronic trading, as it attempts to bounce back from its late-August fall off its annual high of $275.22, guided higher by the 40-day moving average. The stock looks ready to take back recent pressure at its 20-day moving average, too, and is now up over 16.5% in 2021. 

Sentiment is mostly bullish among the brokerage bunch. Of the 25 in coverage, four consider CRM a "hold," while the remaining carry a "strong buy."

Lastly, options traders are also swimming in optimism, with calls hot. Specifically, CRM's 50-day put/call volume ratio of 2.85 at the International Securities Exchange (ISE), Cboe Options Exchange (CBOE), and NASDAQ OMX PHLX (PHLX) stands higher than 98% of readings in its annual range.

Today will be the busiest day of the week with initial and continuing jobless claims data updates and the Markit manufacturing PMI and Markit services PMI due out. In addition, leading economic indicators, real household net worth, and real nonfinancial debt data is on the agenda.

The following companies are due to release quarterly earnings today, September 23:

Accenture plc (NYSE:ACN -- $334.66) provides strategy and consulting, interactive, and technology and operations services worldwide. Accenture will report its Q4 earnings of 2021 before the bell today.

Darden Restaurants Inc. (NYSE:DRI -- $150.32) owns and operates full-service restaurants in the United States and Canada. Darden Restaurants will report its Q1 earnings of 2022 before the bell today.

Rite Aid Corp. (NYSE:RAD -- $15.24) operates a chain of retail drugstores in the United States. Rite Aid will report its Q2 earnings of 2021 before the bell today.

AAR Corp. (NYSE:AIR -- $32.35) provides products and services to commercial aviation, government, and defense markets worldwide. AAR will report its Q1 earnings of 2022 before the bell today.

CalAmp Corp. (NASDAQ:CAMP -- $10.05) provides in telematics systems, and software and subscription services in the United States, Europe, the Middle East, Africa, South America, Asia and Pacific Rim, and internationally. CalAmp will report its Q2 earnings of 2022 before the bell today.

Costco Wholesale Corp. (NASDAQ:COST -- $452.33) engages in the operation of membership warehouses in the United States, Puerto Rico, Canada, the United Kingdom, Mexico, Japan, Korea, Australia, Spain, France, Iceland, China, and Taiwan. Costco will report its Q4 earnings of 2021 before the bell today.

NIKE Inc. (NYSE:NKE -- $157.44) engages in the design, development, marketing, and sale of athletic footwear, apparel, accessories, equipment, and services. NIKE will report its Q1 earnings of 2022 before the bell today.

Progress Software Corp. (NASDAQ:PRGS -- $45.21) develops business applications. Progress Software will report its Q3 earnings of 2021 before the bell today.

Trip.com Group Ltd. (NASDAQ:TCOM -- $28.92) operates as a travel service provider for accommodation reservation, transportation ticketing, packaged tours and in-destination, corporate travel management, and other travel-related services in China and internationally. Trip.com Group will report its Q2 earnings of 2021 before the bell today.

Vail Resorts Inc. (NYSE:MTN -- $321.51) operates mountain resorts and urban ski areas in the United States. Vail Resorts will report its Q4 earnings of 2021 before the bell today.

Looking ahead to tomorrow, new home sales are on the docket for Friday.

All economic dates listed here are tentative and subject to change.

The shares of Adobe Inc (NASDAQ:ADBE) are down 4.3% at $617.98 this morning, following the software company's fiscal third-quarter earnings report. While Adobe's earnings topped analysts' expectations, its revenue just barely came in above estimates, though Adobe did note revenue growth of 22% year-over-year. Its current-quarter revenue forecast also just skimmed past expectations. 

The brokerage bunch has been chiming in with mostly bullish sentiment, with the exception of BMO, which cut its price target to $720 from $730. Meanwhile, no fewer than six analysts lifted their price targets -- the highest coming from Jefferies to $760. 

Coming into today, analysts were already overwhelmingly optimistic. The 12-month consensus price target of $699.19 is a 13.1% premium to current levels, and all 16 in coverage consider ADBE a "strong buy." 

Options traders, on the other hand, have rarely been more bearish. At the International Securities Exchange (ISE), Cboe Options Exchange (CBOE), and NASDAQ OMX PHLX (PHLX), ADBE sports a 50-day put/call volume ratio of 1.27, which stands higher than 94% of readings from the past 12 months. 

The stock's Schaeffer's put/call open interest ratio (SOIR) of 1.39, which stands in the 98th percentile of its 12-month range, reflects this sentiment. This implies short-term options traders have rarely been more put-biased. 

Analysts' upbeat coverage isn't unfounded. Adobe stock has added roughly 23% in 2021, and is just coming off a record high of $673.88, hit on Sept. 3. While the equity has recently lost long-time support from several moving averages -- most recently its 30-day -- the stock could find its footing at the $620 level, which acted as a floor in mid-August.