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Salesforce (CRM)
NYSE:CRM
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CRM Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$212.00 - $348.86
Previous Close$323.43
Volume3.76M
Average Volume (3M)5.58M
Market Cap
$309.20B
Enterprise Value$307.96B
Total Cash (Recent Filing)$12.64B
Total Debt (Recent Filing)$11.39B
Price to Earnings (P/E)56.3
Beta1.53
Next Earnings
Dec 03, 2024EPS Estimate
$2.44Last Dividend Ex-Date
Sep 18, 2024Dividend Yield0.37%
Share Statistics
EPS (TTM)5.74
Shares Outstanding956,000,000
10 Day Avg. Volume7,073,421
30 Day Avg. Volume5,583,639
Standard Deviation0.11
R-Squared0.37
Alpha0.00077
Financial Highlights & Ratios
Price to Book (P/B)5.40
Price to Sales (P/S)8.48
Price to Cash Flow (P/CF)86.70
P/FCF Ratio102.40
Enterprise Value/Market CapN/A
Enterprise Value/Revenue8.45
Enterprise Value/Gross Profit11.70
Enterprise Value/Ebitda28.78
Forecast
1Y Price Target
$337.26Price Target Upside3.55% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering43
Salesforce News
Bulls Say, Bears Say
Bulls Say
Financial OpportunityThe US Customer Service market alone presents a $2 billion-$20 billion opportunity for Agentforce at $0.50-$2.00 per call.
Market PositionSalesforce.com is the clear leader in CRM, with an approximately 20% market share of a $120B+ market that should grow at a 15% CAGR.
Product InnovationAgentforce, the first real organic product innovation in years, is influencing deals with partners excited about its potential.
Bears Say
Competitive PressureSalesforce.com competes with large, established tech companies, making growth challenging at its current pace and scale.
Growth ChallengesSalesforce reported revenue growth dropping to a new low in a precarious macro environment.
Leadership ChangesCFO transitions create uncertainty as Amy Weaver will step down from her role, though will remain with the company until a successor is appointed.
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Ownership Overview
2.97% Insiders
25.22% Mutual Funds
23.53% Other Institutional Investors
27.16% 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 $212.00 and its highest was $348.86 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 Dec 03, 2024 which is in 12 days.
How were Salesforce’s earnings last quarter?
Salesforce released its earnings results on Aug 28, 2024. The company reported $2.56 earnings per share for the quarter, beating the consensus estimate of $2.355 by $0.205.
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 0.37%. See more information on Salesforce dividends here
What is Salesforce’s EPS estimate?
Salesforce’s EPS estimate is $2.44.
How many shares outstanding does Salesforce have?
Salesforce has 956,000,000 shares outstanding.
What happened to Salesforce’s price movement after its last earnings report?
Salesforce reported an EPS of $2.56 in its last earnings report, beating expectations of $2.355. Following the earnings report the stock price went down -0.727%.
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 3B.
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Salesforce Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Strong Buy
Average Price Target:
$337.26 (3.55% Upside)
$337.26 (3.55% Upside)
Blogger Sentiment
Bullish
CRM Sentiment 92%
Sector Average 67%
Sector Average 67%
Hedge Fund Trend
Increased
By 149.4K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Positive
Last 7 Days ▼ 0.7%
Last 30 Days ▲ 3.9%
Last 30 Days ▲ 3.9%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
46.85%
12-Months-Change
Fundamentals
Return on Equity
9.73%
Trailing 12-Months
Asset Growth
-0.29%
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.
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CRM Earnings Call
Q2 2024
0:00 / 0:00
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CRM Revenue Breakdown
93.34% Subscription and support
6.66% Professional services and other
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CRM Stock 12 Month Forecast
Average Price Target
$337.26
▲(3.55% Upside)
Technical Analysis
Best Analysts Covering CRM
1 Year
1 Year Success Rate
28/32 ratings generated profit
1 Year Average Return
+22.99%
reiterated a buy rating 2 months ago
Copying Terry Tillman's trades and holding each position for 1 Year would result in 87.50% of your transactions generating a profit, with an average return of +22.99% per trade.
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