Salesforce, Inc. (NYSE:CRM – Free Report) – Zacks Research decreased their Q1 2026 EPS estimates for shares of Salesforce in a research note issued to investors on Wednesday, March 19th. Zacks Research analyst R. Department now forecasts that the CRM provider will earn $1.92 per share for the quarter, down from their previous estimate of $1.93. The consensus estimate for Salesforce’s current full-year earnings is $7.46 per share. Zacks Research also issued estimates for Salesforce’s Q2 2026 earnings at $2.08 EPS, Q3 2026 earnings at $2.14 EPS, Q4 2026 earnings at $2.35 EPS, FY2026 earnings at $8.49 EPS, Q1 2027 earnings at $2.25 EPS, Q2 2027 earnings at $2.37 EPS, Q3 2027 earnings at $2.44 EPS, Q4 2027 earnings at $2.65 EPS, FY2027 earnings at $9.71 EPS and FY2028 earnings at $11.53 EPS.
A number of other equities research analysts also recently weighed in on CRM. TD Cowen raised Salesforce from a “hold” rating to a “buy” rating and raised their price target for the stock from $380.00 to $400.00 in a research note on Friday, January 17th. Barclays increased their price target on shares of Salesforce from $415.00 to $425.00 and gave the stock an “overweight” rating in a research note on Wednesday, December 4th. DA Davidson cut their target price on Salesforce from $300.00 to $275.00 and set a “neutral” rating on the stock in a report on Thursday, February 27th. Stephens initiated coverage on Salesforce in a report on Wednesday, March 19th. They set an “equal weight” rating and a $311.00 price objective on the stock. Finally, Morgan Stanley boosted their target price on Salesforce from $330.00 to $405.00 and gave the stock an “overweight” rating in a report on Wednesday, December 4th. One equities research analyst has rated the stock with a sell rating, five have given a hold rating, thirty-one have assigned a buy rating and five have issued a strong buy rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $362.74.
Salesforce Trading Up 0.9 %
NYSE CRM opened at $288.59 on Monday. The company has a current ratio of 1.11, a quick ratio of 1.11 and a debt-to-equity ratio of 0.14. Salesforce has a 1-year low of $212.00 and a 1-year high of $369.00. The firm’s fifty day simple moving average is $312.15 and its 200-day simple moving average is $310.95. The company has a market capitalization of $277.33 billion, a PE ratio of 47.47, a price-to-earnings-growth ratio of 2.58 and a beta of 1.35.
Institutional Inflows and Outflows
Several hedge funds have recently modified their holdings of CRM. United Bank boosted its position in shares of Salesforce by 1.1% in the 3rd quarter. United Bank now owns 7,303 shares of the CRM provider’s stock worth $1,999,000 after purchasing an additional 76 shares during the last quarter. Nwam LLC bought a new position in Salesforce during the third quarter worth about $1,152,000. Penserra Capital Management LLC grew its position in shares of Salesforce by 1.2% during the 3rd quarter. Penserra Capital Management LLC now owns 8,825 shares of the CRM provider’s stock worth $2,415,000 after buying an additional 105 shares during the period. Baltimore Washington Financial Advisors Inc. increased its stake in shares of Salesforce by 3.2% in the 3rd quarter. Baltimore Washington Financial Advisors Inc. now owns 30,500 shares of the CRM provider’s stock valued at $8,348,000 after acquiring an additional 945 shares during the last quarter. Finally, Sompo Asset Management Co. Ltd. raised its position in shares of Salesforce by 35.9% in the 3rd quarter. Sompo Asset Management Co. Ltd. now owns 36,432 shares of the CRM provider’s stock valued at $9,972,000 after acquiring an additional 9,622 shares during the period. Institutional investors own 80.43% of the company’s stock.
Insiders Place Their Bets
In other Salesforce news, CAO Sundeep G. Reddy sold 500 shares of the stock in a transaction on Monday, February 3rd. The stock was sold at an average price of $335.94, for a total value of $167,970.00. Following the transaction, the chief accounting officer now directly owns 6,557 shares in the company, valued at approximately $2,202,758.58. This trade represents a 7.09 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider R David Schmaier sold 1,785 shares of the business’s stock in a transaction on Thursday, December 26th. The stock was sold at an average price of $344.00, for a total value of $614,040.00. Following the sale, the insider now owns 19,116 shares of the company’s stock, valued at approximately $6,575,904. The trade was a 8.54 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 45,660 shares of company stock valued at $14,194,689. 3.20% of the stock is currently owned by corporate insiders.
Salesforce Company Profile
Salesforce, Inc provides Customer Relationship Management (CRM) technology that brings companies and customers together worldwide. The company's service includes sales to store data, monitor leads and progress, forecast opportunities, gain insights through analytics and artificial intelligence, and deliver quotes, contracts, and invoices; and service that enables companies to deliver trusted and highly personalized customer support at scale.
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