Working with TipRanks
Follow Us
Stocks
ETFs
Options
Commodities
Crypto
Currency
Research Tools
Calendars
Economic Indicators
Calculators
Education
About Us
Working with TipRanks
Follow Us
Salesforce (CRM)
NYSE:CRM
Salesforce (CRM) Stock Price & Analysis
21,803 Followers
CRM Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$190.51 - $318.30
Previous Close$274.29
Volume3.75M
Average Volume (3M)5.69M
Market Cap
$266.06B
Enterprise Value$264.46B
Total Cash (Recent Filing)$14.19B
Total Debt (Recent Filing)$12.59B
Price to Earnings (P/E)65.3
Beta1.54
Next Earnings
May 29, 2024EPS Estimate
$2.37Last Dividend Ex-Date
Mar 13, 2024Dividend Yield0.15%
Share Statistics
EPS (TTM)4.21
Shares Outstanding970,000,000
10 Day Avg. Volume6,649,057
30 Day Avg. Volume5,688,058
Standard Deviation0.11
R-Squared0.40
Alpha0.00112
Financial Highlights & Ratios
Price to Book (P/B)46.29
Price to Sales (P/S)28.65
Price to Cash Flow (P/CF)19.60
P/FCF Ratio20.30
Enterprise Value/Market CapN/A
Enterprise Value/Revenue7.59
Enterprise Value/Gross Profit10.05
Enterprise Value/Ebitda29.59
Forecast
1Y Price Target
$339.32Price Target Upside23.71% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering38
Salesforce News
PremiumMarket News
The AI Boom: From FOMO to Focused 
PremiumMarket News
Who Owns Salesforce Stock (NYSE:CRM)?
Bulls Say, Bears Say
Bulls Say
Cloud Computing GrowthAzure and Google Cloud both strong, indicating positive momentum for cloud data leaders, potentially boosting related stocks.
Financial StrategySalesforce's potential acquisition of Informatica is expected to be non-dilutive, suggesting a financially responsible strategy that could enhance its market position without compromising shareholder value.
Product InnovationThe unveiling of Draft One, an AI-driven report writing tool by AXON, showcases the company's commitment to innovation and may strengthen its market position.
Bears Say
Financial CommitmentFinancing the Informatica acquisition could lead Salesforce to take on additional debt, adding financial obligations.
Growth And Strategy ConcernsSalesforce's plan to acquire Informatica may contradict previous management statements about avoiding large scale mergers and acquisitions, potentially bringing scrutiny over Salesforce's investment discipline.
M&A RisksThe potential acquisition of Informatica by Salesforce raises concerns about capital opportunity cost, growth potential, valuation, and management's messaging.
---
Ownership Overview
3.42% Insiders
24.97% Mutual Funds
20.51% Other Institutional Investors
51.09% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
The estimated number of people who visited one or more of the websites owned by Salesforce
Desktop Users
Mobile Users
CRM FAQ
What was Salesforce’s price range in the past 12 months?
Salesforce lowest stock price was $190.51 and its highest was $318.30 in the past 12 months.
What is Salesforce’s market cap?
Currently, no data Available
When is Salesforce’s upcoming earnings report date?
Salesforce’s upcoming earnings report date is May 29, 2024 which is in 30 days.
How were Salesforce’s earnings last quarter?
Salesforce released its earnings results on Feb 28, 2024. The company reported $2.29 earnings per share for the quarter, beating the consensus estimate of $2.27 by $0.02.
Is Salesforce overvalued?
According to Wall Street analysts Salesforce’s price is currently Undervalued.
Does Salesforce pay dividends?
Salesforce pays a Notavailable dividend of $0.4 which represents an annual dividend yield of 0.15%. See more information on Salesforce dividends here
What is Salesforce’s EPS estimate?
Salesforce’s EPS estimate is $2.37.
How many shares outstanding does Salesforce have?
Salesforce has 970,000,000 shares outstanding.
What happened to Salesforce’s price movement after its last earnings report?
Salesforce reported an EPS of $2.29 in its last earnings report, beating expectations of $2.27. Following the earnings report the stock price went up 3.02%.
Which hedge fund is a major shareholder of Salesforce?
Among the largest hedge funds holding Salesforce’s share is Fisher Asset Management LLC. It holds Salesforce’s shares valued at 4B.
---
Salesforce Stock Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$339.32 (23.71% Upside)
$339.32 (23.71% Upside)
Blogger Sentiment
Bullish
CRM Sentiment 86%
Sector Average 69%
Sector Average 69%
Hedge Fund Trend
Increased
By 1.6M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $18.4M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▲ 0.8%
Last 30 Days ▲ 4.9%
Last 30 Days ▲ 4.9%
News Sentiment
Very Bullish
Bullish news 86%
Bearish news 14%
Bearish news 14%
Technicals
SMA
Positive
20 days / 200 days
Momentum
43.40%
12-Months-Change
Fundamentals
Return on Equity
7.01%
Trailing 12-Months
Asset Growth
0.22%
Trailing 12-Months
Company Description
Salesforce
salesforce.com, inc. engages in the design and development of cloud-based enterprise software for customer relationship management. Its solutions include sales force automation, customer service and support, marketing automation, digital commerce, community management, collaboration, industry-specific solutions, and salesforce platform. The firm also provides guidance, support, training, and advisory services. The company was founded by Marc Russell Benioff, Parker Harris, David Moellenhoff, and Frank Dominguez in February 1999 and is headquartered in San Francisco, CA.
---
CRM Company Deck
---
CRM Earnings Call
Q4 2024
0:00 / 0:00
---
CRM Revenue Breakdown
93.34% Subscription and support
6.66% Professional services and other
---
CRM Stock 12 Months Forecast
Average Price Target
$339.32
▲(23.71% Upside)
Technical Analysis
Best Analysts Covering CRM
1 Year
1 Year Success Rate
25/30 ratings generated profit
1 Year Average Return
+20.37%
reiterated a buy rating 2 months ago
Copying Terry Tillman's trades and holding each position for 1 Year would result in 83.33% of your transactions generating a profit, with an average return of +20.37% per trade.
---